Custom HouseCustom House NewsThe Week Ahead Canada and U.S.: Canadian and U.S. Employment, ISM Surveys- May 31, 2008 According to market players, Canadian and U.S. employment will be the key indicators for markets next week despite a flurry of economic data.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0530-2 Canadian economy 'flirting with recession:' analysts- May 31, 2008 Finance Minister Jim Flaherty rejects the idea, but some analysts say the Canadian economy may be in at least a mild recession after being driven to its first quarterly contraction in five years by a slump in auto production and some brutal winter weather.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0530 Parity Not Near- May 27, 2008 It will not be easy for the Aussie-dollar to pass the $0.9662 mark in the short-term, says Alex Wenham, senior corporate dealer at Custom House.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0526 Inflationary Fears Rule Markets- May 26, 2008 Market sentiment has shifted from recession fears to inflation fears, says Alex Wenham, senior corporate, FX Dealer at Custom House, speaking to CNBC's Stephen Sedgwick and Maura Fogarty.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0525 Parity with US dollar edges closer- May 24, 2008 The seemingly unstoppable Australian dollar surged yesterday to its highest level since the Hawke Government float - and analysts tip that parity with the US dollar may be just months away.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0523 Australian Dollar Rises to 24-Year High, N.Z. Dollar Declines- May 20, 2008 The Australian dollar rose to a 24- year high against the U.S. currency as raw material prices rallied, boosting the outlook for earnings from exports.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0519-2 Dollar Trades Near Two-Week Low Versus Euro Before Housing Data- May 20, 2008 The dollar traded near the lowest level in more than two weeks against the euro before an industry report this week that may signal the worst housing slump in a quarter of a century is deepening.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0519 A Bouyant Dollar- May 19, 2008 While the dollar will remain buoyant, Tobias Davis, senior FX dealer at Custom House believes better economic news will not be the main driver of the higher greenback.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0519-3 Canadian Dollar Close to an Eight-Week High as Gold, Oil Surge- May 17, 2008 Economists are expecting a quiet week in North America despite a handful of market-moving reports. In the U.S., markets will receive FOMC minutes from the April monetary policy meeting, April PPI, home price index and existing homes sales.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0516 Canadian Dollar Close to an Eight-Week High as Gold, Oil Surge- May 16, 2008 The Canadian dollar rose and traded near an eight-week high as prices of the nation's commodity exports increased.http://www.customhouse.com/news-and-resources/news-media/coverage/article/?id=2008/0515-2 |