BOC Monetary Policy Report | Forex Factory

  • BOC Monetary Policy Report

    From bankofcanada.ca Story is in PDF Format

    The global economy has unfolded broadly as the Bank projected in July. The economic expansion in the United States is progressing at a gradual pace. Europe is in recession and recent indicators point to a continued contraction. In China and other major emerging economies, growth has slowed somewhat more than expected, though there are signs of stabilization around current growth rates. Notwithstanding the slowdown in global economic activity, prices for oil and other commodities produced in Canada have, on average, increased in recent months. Global financial conditions have improved, supported by aggressive policy ... (full story)

Comment Options
ba1ker
Oct 24, 2012 10:16am
Permalink
Quoting staffpro
http://www.canadafreepress.com/index.php/article/48627

Canada has a huge deficit and nobody cares roght now, ontario is in a worse situation than california
What you talkin' bout Willis!

Using real GDP estimated at $550.1 billion and add the stranded debt to the debt issued we get a 49% debt/GDP ratio. With the 2012 deficit of $15.1 billion that is a yearly 2.74% debt/GDP ratio.

Compared to the likes of some countries in the EZ, those figures aren't too bad in the grand scheme of things!

Quoting Ijaz Anwar
any one can predict about fed release
Price will move... lol
Reply
ba1ker
Oct 24, 2012 10:24am
Permalink
Quoting Guest
Any country that even has an economy and can service debt is stellar performance according to the market.
With all the potential inflationary implications of the banking liquidity stored up as reserves in other nations, Canada remains a hard asset heaven.
Everything is relative and a country not broke or not going broke is King.
Right!

John Maynard Keynes once likened investing to judging a beauty contest. Today in the global currency war, none of the main contestants look that fetching. It's more like an ugliness contest and $CAD is one of the least ugliest!
Reply
KADC
Oct 24, 2012 11:53am
Permalink
Quoting safdarhashmi
where r the guys who were saying that gold will retrace to 1760 or whatever,now where r those guys,now u see where the gold is going
I'm sure you didn't mean $1760 as gold has already pulled back to $1700. $1697.50 is the 38.2% Fibonacci retracement and that's a strong candidate for where the correction for Dec GC will end.
Reply
Ijaz Anwar
Oct 24, 2012 10:07am
Permalink
any one can predict about fed release
Reply
safdarhashmi
Oct 24, 2012 10:50am
Permalink
where r the guys who were saying that gold will retrace to 1760 or whatever,now where r those guys,now u see where the gold is going
Reply
safdarhashmi
Oct 24, 2012 11:08am
Permalink
there will be no change in the FFR and FED statement will be bullish for dollar, gold will keep his momentum.
Quoting Ijaz Anwar
any one can predict about fed release
Reply
Trader#9C71
Oct 24, 2012 10:08am
Permalink
Any country that even has an economy and can service debt is stellar performance according to the market.
With all the potential inflationary implications of the banking liquidity stored up as reserves in other nations, Canada remains a hard asset heaven.
Everything is relative and a country not broke or not going broke is King.
Reply
staffpro
Oct 24, 2012 10:31am
Permalink
we are only safe because our bond yields are still sustainable but there is a VERY fine line where we end up down the same path as everyone else...
Reply

  • Related Stories

There are no posts to display for these settings.
  • Story Stats