Tag Archives: Iran

US – Canada Jobs report, USD/CAD, US Budget Surplus; Market update 17th Jan 2014

By Musabbir Mazhar The US Jobs number came out last Friday (10th Jan) at 74,000 job additions for December which has been taken by the markets as a shocker and the US 10 year treasury yields went down on the news. But more sense should be put into this- Workers weren’t looking for work for […]

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Market Update Monday, 2nd December 2013: US Treasury yields Rise, Non-farm Payrolls due to come out Friday

By Musabbir Mazhar Investors were engaging in a sell-off today of the US 10 year treasury and caused its prices to fall – yields rose 5 basis points or 0.0005 to 2.80% as ISM (Institute for Supply Management) data came out positive. This yield level is highest seen since the last 10 days. Investors were […]

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Market update, Thursday, 21st November 2013

By Musabbir Mazhar In Geneva, no positive deal went through about disagreement over Iran’s Nuclear Program. Foreign Minister Javad Zariff and EU Foreign Policy Chief Catherine Ashton were unable to find an overall agreement on Thursday afternoon. Iran holds the fourth largest oil reserves in the world and intends to have trade restrictions lifted. Negotiators […]

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Market Update Tuesday, 19th November, 2013

By Musabbir Mazhar The S&P/TSX composite index closed down 15.29 points to 13,422.77. This was after the billionaire investor Carl Icahn commented on Monday afternoon questioning about the recent rally of the equities market to record highs as a result of low interest rates rather than good management. The Canadian Dollar receded 0.4 cents to […]

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