LENDING RATES (February 28, 2011)
as of 9 a.m. ET. Aug. 23, 2010(%)
Stock Markets/Investing
INTERNATIONAL QUOTES (February 28, 2011)
Australia (A$)Aug 24Aug 17Change
EXCHANGE RATES (February 28, 2011)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
BID-ASK – Feb. 14-18, 2011
12-MONTH
Ernst & Young: Strong growth expected for 2011
The following is an excerpt from Ernst & Young’s annual mining and metals transactions report, Ungeared for Growth. For the full report visit: www.ey.com.
TSX VENTURE EXCHANGE February 14-18
The S&P-TSX Venture composite index made respectable gains in the Feb. 14-18 week, up 66.12 points to close at 2,423.68. Volume averaged 202 million shares traded daily, while 143 companies hit 52-week highs and 37 reached new lows.
U.S. MARKETS February 14-18
U.S. stock markets overall proved remarkably resilient in the Feb. 14-18 trading week, posting their third straight weekly advance.
METALS, MINING AND MONEY MARKETS (February 28, 2011)
SPOT PRICES
UBS Research raises long-term metal prices
Rising capex, operating expenses and currencies have driven UBS Investment Research to raise its long-term metal price forecasts for copper, zinc, nickel and lead.
Short Position Report (February 22, 2011)
TSX Short Positions Short positions outstanding at Feb. 15/11 (with changes from Jan….
TSX approaches pre-recession levels
By looking only at the TSX Composite Index, the recession would appear to be miles away. The Index was up 2% or 288 points for the Feb. 14-18 and actually got within 6% shy of the 15,000 level that it peaked at before the recession hit.
U.S. markets strong, Feb. 14-18
While unrest in several countries in the Middle East and in Libya in particular put pressure on global markets and drove some investors out of riskier assets like equities in search of safer havens, U.S. stock markets overall proved remarkably…