Todays’ big story is not falling oil prices, but the mass shooting at French satirical newspaper Charlie Hebdo yesterday, during which 12 people were killed.
But the shooting has had surprisingly little influence on world markets so far – the Sydney hostage taking last month rattle markets – with indexes up around the world. This despite official confirmation that the eurozone has a deflation problem. More indications for the U.S. Federal Treasury that a rate hike isn’t expected for the next few months seem to be reassuring investors – for now.
Today, the new housing price index will be released in Canada, …read more