“While a final verdict on the subprime market won’t be known for several”

(CP) - The Toronto stock market’s key index could surge to 15,000 points - about 1,000 more than the current level - by the end of the year as the global energy and commodity sectors fuel further growth, according to a report from CIBC World Markets (TSX:CM).

The bank’s latest Canadian Portfolio Strategy Outlook said that June saw market volatility based on rising inflation fears, rate tightening at the central bank and anxieties about the U.S. subprime loan market.

But the report predicted that the Toronto market (TSX:X) will overcome those challenges. Read more

Original post by The Canadian Press

“The timing of this action is no coincidence”

A smaller rival stock market is accusing TSX Group Inc. , which runs the Toronto Stock Exchange, of anti-competitive behaviour in filing a lawsuit alleging copyright, trademark and contract violations. via Slam Sports

Original post by Slam Sports

“The merger and acquisition activity has not slowed down, and that has really helped to support to market”

Stock futures edged higher on Thursday, boosted by takeover news, but investors were cautious before economic data that could give clues on the outlook for interest rates. via Earth Times

Original post by Earth Times

Foreign exchange market operates by trading one type of currency against another. Unlike other financial markets, the market has no physical location and no central exchange. It operates through a global network of banks, …

Original post by Bingo-911

CHINESE mainland’s stocks plunged the most in a month as new share sales heightened concern that funds will be drained from equities and a state agency called on policy makers to take action to damp short-term … via Shanghai Daily

Original post by Shanghai Daily

By DailyFX - The US dollar has recovered from Mondays sharp losses thanks to profit taking and position squaring ahead… … of the Independence Day holiday. via Forex Rate

Original post by Forex Rate