Wilfred Vos’ Blog

Canada’s main stock market dropped yesterday as slowing growth in China, worry over looming euro-zone bank repayments, and a drop in U.S. consumer confidence unnerved investors around the world. China’s exports face “strong headwinds” in the 2nd half of the year from policy tightening measures and the European debt crisis which reduce the prospects [...]

Canada’s main stock index ended lower in volatile trading yesterday as energy and financial shares dropped on economic uncertainty and offset gains by surging gold issues. Markets continue to fret about the uncertainty in Europe. With ongoing fears about euro zone debt contagion causing investors to flee to safe-haven assets, gold rallied to [...]

Canada’s main stock index fell more than 2% on Friday, following disappointing May jobs figures in the United States and worries that Hungary may be the latest casualty of Europe’s fiscal woes. In short, sovereign debt fears and issues are rising and spreading.
The weak U.S. employment report coupled with a Hungarian official warning [...]

Canada’s stock market ended sharply lower in volatile day yesterday, after worse than expected global manufacturing data raised concerns about the pace of the global economic recovery, hurting oil prices and energy shares. Energy shares sank 3.3%. Data showed manufacturing growth slowed in the Euro zone and China, but there was some relief [...]

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