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Category, Week in Review | 04 June 2023

Wed: BOC Interest Rate Announcement

At the close of business last Friday, global equities were higher on the week as markets digested both the debt ceiling bill and conflicting US economic data. The yield on the US 10-year Treasury note dropped, falling to 3.67%, down nearly 15 basis points on the week. The price of a barrel of West Texas…

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    Category, Week in Review | 27 July 2021

    US Fed Eases Concerns Over Rising Interest Rates

    At the close of business last Friday, global equities ended the week in near record territory. This was as senior leaders of the US Federal Reserve affirmed the view that they are in no hurry to tighten monetary policy, and that the recent surge in inflation is transitory, resulting from pandemic-induced bottlenecks. The rate on…

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