Tags » Interest Rates

How Mortgage Rates are Determined in Canada

Variable Rate Mortgages

The Bank of Canada influences the prime rate of Canadian financial institutions by adjusting its target overnight rate. The overnight rate is the average rate the bank would like to see in the marketplace in which the financial institutions borrow and lend amongst each other. 492 more words

Mortgage News

May 2015, Sterling’s post-election bounce creates value for UK gold investors

A bounce in sterling against the dollar after the May 7 UK election has created value for UK-based investors in dollar-denominated gold, but the pound’s rally may be shortlived. 343 more words

Monthly Gold Market Report

Yields & USD

The yield curve (10-2yr) is dropping while nominal yields rise.  Typically, that is gold adversarial.

Meanwhile, USD turns former resistance to tentative support as the bounce/recovery continues.  60 more words

US Dollar

Time For My 6 Month rate Prediction!

It’s once again time for my 6 month rate prediction. I’ve been doing a rate prediction blog for the past year and a half and I’ve been pretty spot on. 176 more words

Opinion

Yellen could map rate-hike road map as Americans hit road

If you’re one of the estimated 33 million Americans that AAA says will pack up the car and head out early for the long Memorial Day weekend, keep your radio dialed to news around 1 p.m. 376 more words

Markets

GMO's James Montier: Bernanke and Yellen don't understand how the economy works

In this era of unprecedented, global monetary stimulus, markets hang on every word central bankers utter.

Central bankers, however, are less interested in financial markets. If you ask Janet Yellen, for instance, she’d say that the stock market is one “transmission mechanism” through which monetary policy affects the real economy. 780 more words

Finance

Has the Dollar finally bottomed?

Dollar has broken above month long down trend, will that be sufficient to push higher?

This week US dollar index, which is value of dollar against basket of currencies has broken above its month long down trend which saw the index drop from 100 mark to 93.2. 228 more words

Markets