Despite an overheated housing market, the latest wholesale numbers suggest that Canada is in for an extended period of economic stabilization rather than an outright recovery. BNN speaks to Stewart Hall, economist, HSBC Securities (Canada) about the Bank of Canada's conundrum.
The analysts weren't expecting big surprises from CN Rail when it reported after the markets closed. It was expected to maintain its margins, but its outlook is the key part of the earnings report. BNN breaks the news and speaks to Keith Schoonmaker, analyst, Morningstar, for instant analysis.
Yahoo reported after the close, and handily beat the Street's expectations. BNN breaks the news and speaks to Clayton Moran, internet analyst, The Benchmark Company LLC, for instant analysis.
For a time, the U.S. dollar performed better today, and it closed higher against the Japanese Yen. BNN speaks to Peter Grandich, chief market commentator, Agoracom.com, who's keeping a close eye on the greenback.