Latest Headlines

Initial claims for unemployment benefits in the United States dropped back slightly to 432k in the week ending Aug. 16, coming down 13k from the pr...

NEW What's Priced In: Current Market Expectations for Future Monetary Policy

Thu, Aug 21 2008, 7:00 AM

Markets are currently pricing in the following probabilities for future interest rate moves as of the close on Wednesday: FED- OIS Implied Rates ...

NEW Thursday's Events: U.S. Jobless Claims, Philly Fed

Thu, Aug 21 2008, 7:00 AM

Following the early-morning release of Canadian CPI, markets will now turn their attention to the release of U.S. initial and continuing jobless cl...

NEW Wednesday 8/20 ... Because You're Probably Curious

Wed, Aug 20 2008, 9:41 AM

NEW Wed 8/20 Update

Wed, Aug 20 2008, 9:28 AM

NEW Wednesday 8/20 ... AT A GLANCE

Wed, Aug 20 2008, 7:50 AM

NEW Commercial Real Estate Prices Down for Fourth Straight Month, Moody's Says

Wed, Aug 20 2008, 7:00 AM

Commercial real estate prices continued falling in June, according to the Moody's/REAL Commercial Property Price Indices (CPPI), which recorded a 3...

NEW In Face of Conflicting Economic Reports, Interest Rates Stand Pat

Wed, Aug 20 2008, 7:00 AM

Mortgage interest rates for the week ended August 14 as reported from data collected by Freddie Mac from its Primary Mortgage Market Survey drifted...

NEW Fed's Stern Says Now Not "Appropriate Time" to Close Fannie, Freddie

Wed, Aug 20 2008, 7:00 AM

Federal Reserve Bank of Minneapolis President Gary Stern said Wednesday that now is not an "appropriate time" to close government-sponsored Enterpr...

NEW Expect Two More 'Waves' of U.S. Foreclosures, Economist Warns

Wed, Aug 20 2008, 7:00 AM

While the U.S is currently in the midst of the largest bout of home foreclosures in at least 30 years, at least one economist says two more 'waves'...

NEW Wednesday's Events: Cdn Retail Sales; BOC to Sell Two-Year Note; DOE Oil Inventories

Wed, Aug 20 2008, 7:00 AM

Canadian retail sales followed by the U.S. Department of Energy's weekly oil inventories will hold the focus of Wednesday's news releases on what is...

NEW NAR Commercial Leading Indicator Weakens, Projecting Further Declines

Wed, Aug 20 2008, 7:00 AM

A leading indicator for the U.S. commercial real estate market continued decelerating for the fourth consecutive quarter on Wednesday, according t...

NEW Wednesday 8/20 ... Late Day Profit Taking

Wed, Aug 20 2008, 2:19 PM

NEW By the way, current price on 6.0's is 100-29 (20 ticks up on the day)

Wed, Aug 20 2008, 1:30 PM

NEW Wednesday 8/20 ... Confirmation and additional updates

Wed, Aug 20 2008, 1:05 PM

NEW Tuesday 8/19 ... Lacker!

Tue, Aug 19 2008, 12:46 PM

NEW Tuesday 8/19 ... Mortgages ...... Strengthening? Huh?

Tue, Aug 19 2008, 10:38 AM

NEW Tuesday 8/19 ... Freddie Auction Looms

Tue, Aug 19 2008, 8:28 AM

NEW Tuesday 8/19 ... At A Glance

Tue, Aug 19 2008, 7:24 AM

NEW U.S. Housing Starts Fall 11% in July

Tue, Aug 19 2008, 7:00 AM

U.S. housing starts fell in July, but came in above expectations at 965k, representing a month-over-month decrease of 11.0%, according to data rel...

NEW More Negative Press for Fannie and Freddie

Tue, Aug 19 2008, 7:00 AM

Last week former Federal Reserve Chairman Alan Greenspan strongl y criticize...

NEW Fed's Fisher Says FOMC Cannot Risk Credibility, Must Act if Inflation Continues

Tue, Aug 19 2008, 7:00 AM

The Federal Reserve must be prepared to take action and curb inflation if slowing growth doesn't moderate prices as expected, said the most hawkis...

NEW Tuesday's Events: PPI, Housing Starts and Building Permits

Tue, Aug 19 2008, 7:00 AM

The release of U.S. producer price index along with housing starts and building permits for July tops news today. Markets will also be paying at...

NEW Drop in U.S. Housing Starts Due to Inflated June Figure, but Trend Still Downward

Tue, Aug 19 2008, 7:00 AM

Despite coming in slightly higher than was expected, housing starts still slid 11% to 965k in July, though economists say the drop is misleading g...

NEW Soft Freddie Mac 5-Year Auction Shows Credit Worries

Tue, Aug 19 2008, 7:00 AM

U.S. government-backed mortgage finance company Freddie Mac caused ripples through the debt market on Tuesday after weak results in a $3 billion, ...

NEW Weakening Economy Favours Obama Win, Economists Say

Tue, Aug 19 2008, 7:00 AM

The weakening economy is a major negative factor for the Republicans and presents candidate John McCain with an uphill battle for the Oval Office,...

NEW Fed's Lacker Says Rate Hike Should Come Sooner Rather than Later

Tue, Aug 19 2008, 7:00 AM

Speaking in an interview with Bloomberg TV, Richmond Federal Reserve President Jeffrey Lacker (non-voter) said the Fed should not wait too long fo...

NEW July All-Items PPI Soars 1.2%, Core up 0.7% M/M

Tue, Aug 19 2008, 7:00 AM

The U.S. Department of Labor's seasonally adjusted core measure of producer price inflation grew well beyond expectations with a 0.7% month-over-m...

NEW Tuesday 8/19 ... Mortgages Staying Strong

Tue, Aug 19 2008, 1:57 PM

NEW Monday 8/18 ... Still Steady (and Boring)

Mon, Aug 18 2008, 9:24 AM

NEW Monday 8/18 ... At A Glance

Mon, Aug 18 2008, 7:43 AM

NEW Foreclosures Loom as Possible Public Health Menace

Mon, Aug 18 2008, 7:00 AM

It seems hard to believe, but there appears to be yet one more thing for which we can blame the mortgage crisis . And this is not a financial probl...

NEW Still No End in Sight for Falling U.S. House Prices, Says Scotiabank Report

Mon, Aug 18 2008, 7:00 AM

U.S. house prices still have room to fall, according to a report on real estate trends issued by Scotiabank economists. The report notes that wh...

NEW NAHB Builder Confidence Remains at Record Low in August

Mon, Aug 18 2008, 7:00 AM

A report from Wells Fargo and the National Association of Home Builders (NAHB) suggests that homebuilders remained at record- gloomy levels in Augu...

NEW Monday's Events: Cdn Securities Transactions and Travel; U.S. NAHB Housing Index

Mon, Aug 18 2008, 7:00 AM

The week kicks off with two Statistics Canada reports, one on securities transactions and another on travel between Canada and other countries. Mean...