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Fundamental Weekly Outlook for Australia & Canada


Australia:
Tuesday: Conference Board Leading Index (Previous 0.3%, Forecast N/A).


Canada:
Monday: Retail Sales MoM (Previous 1.0%, Forecast 0.7%), Retail Sales Less Autos MoM (Previous 1.1%, Forecast 0.2%).
Wednesday: GDP MoM (Previous 0.4%, Forecast 0.3%).

Forex trading by Munther Marji for Forexpros.

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Record trading at Toronto stock exchange despite downturn


Toronto, Jan 7 - Companies raised a record $60 billion on the Toronto Stock Exchange (TSX) last year despite the global downturn.


The third biggest stock exchange in North America, the Toronto Stock Exchange is also the world's biggest energy market where more than 400 global oil and gas companies are traded.


The stock exchange raised $60.0 billion, surpassing the previous record of $47.6 billion set in 2007. The TSX executed trading volume of 118.5 billion, again exceeding the record of 109.2 billion set in 2008.

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Wall Street stocks end mostly higher


New York, Jan 8 - Major Wall Street stock indices have ended mostly higher amid gathering economic optimism.


A government report on Thursday showed that the pace of job losses continues to moderate.

Analysts from Morgan Stanley said that commercial real estate, widely feared as the other shoe to drop after the meltdown in the US residential property market, would not become a major impediment to economic growth.

Shares in the retail sector rose as major US chain stores raised forecasts or delivered earnings reports that beat expectations.

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Season of cheer, Sensex soars


Finance minister Pranab Mukherjee on Wednesday said the Indian economy could grow by 8 per cent in 2009-10, aiding an optimistic mood in the equity markets where the benchmark BSE Sensex recorded a handsome 539-point gain in the biggest single-day jump in seven months.

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Sensex soars on opening


Mumbai, Dec 23 - A key Indian equities index rose sharply at opening bell Wednesday and moved up 100 points within minutes of trade.


The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened at 16,723.96 points and was ruling at 16,792.24 points, up 100.24 points or 0.6 percent from its previous close at 16,692 points, within five minutes of trade.


Around the same time, at the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty was at 5.012.35 points, against the previous close at 4,985.85 points, a gain of 0.53 percent

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