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21.06.2012 17:26

Bank of Canada's Carney: “The economy can not "indefinitely" to rely on debt burdened households"

 



    • Tightening of the Government of Canada rules of mortgage finance "adequate", "time"

    • "It may be appropriate" for a convolution of a monetary incentive

    • Downside risks for the euro area have become apparent, threaten global growth

    • Europe "is now stagnating"

    • Eurozone consider bold steps such as creating a bank union

    • Measures to recapitalize Spanish banks, according to the determination of the euro area

    • Carney warmly welcomes the tightening of the rules of mortgage finance

    • There is evidence that monetary stimulus in the U.S., the UK effectively

    • Long-term monetary union in Europe requires the banking union, perhaps - a fiscal union

    • "Encouraged" seriousness with which European leaders are in a situation

    • Commodity prices are expected to remain high for some time

 

21.06.2012 17:07

U.S. stocks declined

Market Focus

  • The eurozone started the third quarter on a solid footing, according to PMI survey data
  • Earnings Season in U.S.: Major Reports of the Week
  • German private sector output growth slowed for the second month running in July
  • ECB's Mersch says as conditions normalise, it is unlikely that uncoventional policies will remain necessary
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