Forex News
Higher-end of the high-yield credit market is very attractive: Goldman Sachs Asset Management
Michael Swell of Goldman Sachs Asset Management shares how to build a credit portfolio to achieve mid-single-digit return in the current low-return environment.
Citi sees 'downside room' for the dollar-yuan
Ebrahim Rahbari of Citi explains why the dollar-yuan is expected to "stay below 7."
Expect Brexit negotiations to go down to the wire, remain bearish on GBP: Strategist
David Forrester, forex strategist at Credit Agricole, says the euro is better placed against the GBP as the European Union takes a unified stance in the battle against the pandemic, while Brexit negotiations will take a toll on the health of the U.K. economy.
Weaker USD to reverse Asia's capital outflows: Credit Suisse
John Woods of Credit Suisse says the U.S. dollar weakness will continue as interest rate differentials narrow and this will lead to investors putting more capital into Asia equities. He expects further fiscal stimulus and monetary accommodation from the U.S.
Markets & Economics
Wearing masks is now the most important thing for the economy, Fed's Kaplan says
"If we all wore a mask, it would substantially mute the transmission of this dis...
U.S. producer prices unexpectedly fall in June
U.S. producer prices unexpectedly fell in June as the economy battles depressed ...
Jobless claims at better-than-expected 1.3 million, total getting benefits falls to 18 million
Weekly jobless claims were lower than expected last week as workers slowly retur...
Fed's Mester says economic growth 'leveling off,' sees more help needed
"Over the past week or so, there's been some leveling off, and I think it's prob...
Canadian Business
Strapped for cash? How to uncover unclaimed money ...
Cash-strapped during the COVID-19 pandemic due to the economic slowdown? To find out if you have any unclaimed funds from your past, here are some free, simple ways to launch a search.
Canada halts Ukraine puppy imports; New rules agai...
CBC's Marketplace rounds up the consumer and health news you need from the week.
Cloudy outlook for pipelines gets even murkier ami...
If Albertans had forgotten about the risks associated with Premier Jason Kenney's decision to invest $1.1 billion US in the Keystone XL pipeline, plus $4.2 billion in loan guarantees, this week was a painful reminder of the treacherous business building pipelines has become.
Canada added almost 1 million jobs in June but sti...
Canada's economy added almost one million jobs last month, as businesses reopened after COVID-19 shutdowns.
MPs grill grocery store execs over pandemic pay ca...
Executives of Loblaws, Metro and Empire Company faced tough questions during a virtual meeting of the House of Commons industry committee. over their decision to cancel a $2-an-hour pay bump they put in place in the early days of the COVID-19 pandemic.
Why one U.S. town thinks printing its own wooden m...
With the coronavirus pandemic plunging the economy into a recession, decimating small businesses and causing job losses across the country, a small town in Washington state is trying out an innovative way to help residents weather the storm.