(eToro Blog) Earlier, a coordinated effort by the world’s central banks was announced geared towards capacity enhancement in order to offer global markets additional liquidity support. The participants include the U.S. Federal Reserve, the Bank of England, the European Central Bank, the Bank of Canada and the Swiss National Bank. The purpose of their collective [...]
US and Canada
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Canadian Inflation Eases Reducing Chances of Rate Hike
(eToro Blog) Canada reported increased CPI printing at 2.9% on an annual basis. The core CPI which excludes food and energy printed at 2.1% on an annualized basis. On a monthly basis, CPI rose 0.2% in October coming above market consensus of a 0.1% increase. The annual inflation rate eased from September draining hope for [...]
BOC’s Carney Says Liquidity Will Face Squeeze Due to Europe and Basel III
(eToro Blog) Bank of Canada governor Mark Carney sounded the alarm on global financial liquidity today in his speech to the Canada-United Kingdom Chamber of Commerce. Carney said that in the last five years, liquidity has seen a roller coaster ride. Starting with the free availability of cash before the housing bubble, then to the credit [...]
