The Bank of Canada resisted pressure from investors to signal it will soon follow global peers in easing monetary policy.
— Read on www.bloomberg.com/news/articles/2019-09-04/bank-of-canada-holds-rates-steady-even-amid-global-easing-trend
Traders Say More Rates Cuts After 32 in 2019 – Bloomberg
Central banks have delivered 32 interest-rate cuts globally this year as a worsening U.S.-China trade war drags down global economic growth. Swap markets suggest we’re not even at the halfway mark for cuts yet.
— Read on www.bloomberg.com/news/articles/2019-09-05/after-32-rate-cuts-in-2019-traders-say-much-much-more-to-come
Central Banks Dust Off Old Tools to Stem Risks From Easy Money – Bloomberg
As global central banks swing back into easing mode, old tools long frowned upon by monetary purists are being embraced to ensure cash goes where it’s needed.
— Read on www.bloomberg.com/news/articles/2019-09-04/central-banks-dust-off-old-tools-to-stem-risks-from-easy-money
Nobel Laureate Shiller Says U.S. Home Prices Could Start Falling – Bloomberg
Nobel laureate Robert Shiller said he “wouldn’t be at all surprised” if U.S. house prices soon started to decline.
— Read on www.bloomberg.com/news/articles/2019-09-05/nobel-laureate-shiller-says-u-s-home-prices-could-start-falling
eSports vs. Sports: How They Compare in Audience and Revenue
eSports has evolved into a billion dollar industry in just a decade, but how does it fare against traditional sports when it comes to monetization?
— Read on www.visualcapitalist.com/how-the-esports-industry-fares-against-traditional-sports/
Bank of Canada expected to hold interest rates in September 4 decision
Economists polled in a recent report are expecting the Bank of Canada to hold its current interest rate…for now.
— Read on ca.finance.yahoo.com/news/its-only-a-matter-of-time-before-the-bank-of-canada-cuts-interest-rates-174605304.html
Negative Rates Are a Cash Cow for Denmark’s Mortgage Lenders
(Bloomberg) — In Denmark, where banks have been grappling with negative interest rates longer than in any other country, there’s one corner of their business that’s raking in a lot more money.Low rates are driving record numbers of borrowers to seek cheaper mortgages, generating bumper fees for an industry
— Read on ca.finance.yahoo.com/news/negative-rates-cash-cow-denmark-040000894.html
Gold seen cracking US$1,600 as Fed goes for cut, cut, cut, cut – BNN Bloomberg
Gold seen cracking US$1,600 as Fed goes for cut, cut, cut, cut – BNN Bloomberg
— Read on www.bnnbloomberg.ca/gold-seen-cracking-us-1-600-as-fed-goes-for-cut-cut-cut-cut-1.1310692
43% of Canadians say financial stress is hurting their work productivity: Study – BNN Bloomberg
43% of Canadians say financial stress is hurting their work productivity: Study – BNN Bloomberg
— Read on www.bnnbloomberg.ca/43-of-canadians-say-financial-stress-is-hurting-their-work-productivity-study-1.1310556
Vancouver condos decline most by price per square foot: Royal LePage – BNN Bloomberg
Vancouver condos decline most by price per square foot: Royal LePage – BNN Bloomberg
— Read on www.bnnbloomberg.ca/vancouver-condos-decline-most-by-price-per-square-foot-royal-lepage-1.1307638