Canadian interest rate forecast for August 2013

VANCOUVER, BC, July 31, 2013/ Troy Media/ – After the fireworks in June’s bond market, July was relatively tame. Rates held steady on the long-end while easing on the short-end of the yield curve amidst U.S. Fed clarification on the path of quantitative easing (QE) tapering and a flow of generally downbeat global economic data. Central banks have signaled accommodative policies through the nearto- medium term, providing little impetus for change in our rate outlook.

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Canada Threatens U.S. with Oil Trains if Keystone XL Not Built

On 6 July, a Montreal, Maine & Atlantic train carrying 72 tank cars filled with oil exploded after its brakes apparently failed, sending it rolling into the small Quebec town of Lac-Megantic, where it derailed and then exploded. In the conflagration that followed, an estimated 47 people were killed.

Read more: http://tinyurl.com/m9xonag