Thursday Morning Radio Spot
Rallying - Asian markets closed higher today on stronger commodities. The Canadian dollar broke through par in overnight trading last night but has since pulled back to about 99.5 cents. Defensive stocks are rising a little, suggesting that investors are taking a more cautious view on the economy.
Reversing - European markets started off higher but have pulled back and North American stocks are flat to start this morning. An unexpected rise in last week’s U.S. initial jobless claims is weighing on markets. U.S. financials were hit especially hard.
Trading Opportunity - For those concerned about retirement ScotiaMcleod came out with a report on the upcoming changes to the Canada Pension Plan. One upcoming change to the CPP is that all working beneficiaries of CPP must contribute to the Plan until age 65 and then voluntarily until age 70 to accrue additional benefits. For more details call me at 868-5525 or visit yourlifeyourplan.ca.
Reversing - European markets started off higher but have pulled back and North American stocks are flat to start this morning. An unexpected rise in last week’s U.S. initial jobless claims is weighing on markets. U.S. financials were hit especially hard.
Trading Opportunity - For those concerned about retirement ScotiaMcleod came out with a report on the upcoming changes to the Canada Pension Plan. One upcoming change to the CPP is that all working beneficiaries of CPP must contribute to the Plan until age 65 and then voluntarily until age 70 to accrue additional benefits. For more details call me at 868-5525 or visit yourlifeyourplan.ca.
posted by David Allard at
6:21 PM
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