Canada: Manufacturing Shipments contracted 3.1% MoM in December
Canadian manufacturing sales have contracted 3.1% during December, below the median at -0.8% and markedly lower than November’s expansion at 1.9%.
Feb 15, 2013
Forex Flash: 10-year US Treasuries maintain sideways movement – RBS
According to Analyst John Biggs at RBS, “We continue to see a near-term 1.70% to 2.10% range in 10-year US Treasuries. Key support remains 2.06-2.10% in 10yrs, and first resistance is 1.90%-1.93%. We recommend to watch for ascending bear channel lines (1.93% in 10s and 3.10% in bonds) – breaks through could extend the rally while a close above 2.10% in 10s opens up 2.30%.”
The Canadian dollar has quickly depreciated against the greenback on Friday, pushing the cross to levels in the boundaries of 1.0050 after the Canadian shipments contracted 3.1% during December, below...