The Bank of Canada leaves interest rates unchanged

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Source: Bank of Canada

On Wednesday, the Bank of Canada announced that it left the benchmark interest rate unchanged for the sixteenth month in a row. The overnight rate is 1.00% , which is in line with expectations. Following the announcement, the U.S. Dollar trimmed gains versus the Canadian currency, losing 0.15% and being traded at 0.9873.

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Wed, 05 Sep 2012 16:00:29 GMT

Hong Kong stocks plunge ahead of the ECB press conference

Chinese stocks extended previous slump on Wednesday amid weak market confidence after negative headlines from the US. Anticipation of the ECB press conference also weighted down on the market sentiment. The Hang Seng Index lost 1.47% to close at 19,145.07. All sectors included in the index dropped. The top-losers were basic materials and consumer services. Aluminum Corp of China and

Wed, 05 Sep 2012 15:38:29 GMT

U.S. stock futures ease decline on ECB report

U.S. stock futures trimmed Wednesday losses as Bloomberg News announced the ECB bond proposal promise "unlimited, sterilized" purchasing but abandon putting public-yield caps. Dow Jones Industrial Average futures tumbled 19 points to 13,031. S&P 500 Index futures fell 4.8 points to 1,401.2. Nasdaq 100 futures slipped 12.5 points to 2,762.

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