Weekly Market Watch – U.K. Raises Rates, Trump Nominates New Fed Chief – Friday November 3, 2017

November 3, 2017

U.K. Raises Rates, Trump Nominates New Fed Chief

Market watchers had a busy calendar of events to follow this week with plenty of GDP reports, political developments and monetary-policy news. Starting in the U.K., the Bank of England raised interest rates to 0.50% from 0.25%, the first rate rise in more than a decade. The bank also indicated it foresees two more rate increases before 2020 is out. Read More…

Weekly Market Watch – BoC Stands Pat, ECB Reduces Stimulus – Friday October 27, 2017

October 27, 2017

BoC Stands Pat, ECB Reduces Stimulus

There was no shortage of big events this week with the calendar full of economic, earnings and political news. Starting in Canada, the central bank made no changes at its Wednesday policy-setting meeting keeping rates at 1.0%. The bank, which raised rates in July and September, is keeping its eye on the possible end of NAFTA and an economy which is decelerating after a strong, one-year run. Read More…

Weekly Market Watch – Politicians Take Centre Stage – Friday October 20, 2017

October 20, 2017

Politicians Take Centre Stage

There was plenty of political news to keep market watchers occupied this week as important events unfolded in North America, Europe and China. In China, the 19th Communist Party congress got underway mid-week with the country‚Äôs President Xi Jinping anointed to a second five-year term. In opening remarks, Xi set a goal to build a modern nation by 2035 and a rich, global power by 2049. Read More…