Investors caught off guard as Bank of Canada’s inflation indicator fails
Even while the Bank of Canada claimed it was sticking with its core measures, substantial and frequent changes have damaged the credibility of a fundamental yardstick, forcing Canadian economists to search for a reliable method to track underlying inflation.The CPI-common, CPI-trim, and CPI-median are the three core inflation indicators that the Bank of Canada prefers. […]
Credit Suisse takes the limelight despite efforts to allay worries
As a result of worries over the bank’s capacity to reorganise its business and increase its capital following a spate of losses, Credit Suisse shares fell as much as 11.5% on Monday and its bonds touched record lows.Although there haven’t been any significant recent developments and Credit Suisse’s current issues are well known, the Swiss […]
Offering of Intel’s Mobileye: first indication of a defrosting tech IPO market
Even though the market for fresh issues has all but collapsed, Intel Corp.’s (INTC.O) self-driving arm Mobileye on Friday announced its filing for a U.S. initial public offering.The technology IPO market is currently experiencing its worst dry spell in close to two decades. According to data from Dealogic, U.S. listings have raised just over $7 […]