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Grappling with gold's price decline

With gold tracking its longest losing streak in years and bullion prices falling below $1,350 US an ounce on Friday, when will gold prices recover? Watch a special edition of Commodities...
BNN.ca
Posted on 5-17-2013 at 10:06 AM

Are U.S. markets the best place for $1 trillion?

BEST OF BNN: What would you do if you had a trillion dollars to invest? If you're a U.S.-based strategist you would put much of that money to work in U.S. equity markets, even as stocks sit...
Brady Yauch, BNN.ca
Posted on 5-17-2013 at 9:42 AM

Avery Shenfeld, Chief Economist, CIBC World Markets

April inflation well under forecast, BoC range

Cheaper gasoline and cars helped Canada's annual inflation rate fall dramatically in April to 0.4 percent from 1.0 percent in March -- its lowest rate since 0.1 percent in October 2009,...
Reuters
Posted on 5-17-2013 at 8:42 AM

ECB to keep monetary policy loose for as long as needed

The European Central Bank will keep its loose and growth-supportive monetary policy stance in place for "quite a long time", ECB executive board members said on Friday.
Ingrid Melander, Reuters
Posted on 5-17-2013 at 8:13 AM

Ashraf Laidi, Chief Global Strategist, City Index

Gold on longest losing streak in 4 years

Gold fell for a seventh straight session on Friday, its longest losing streak in four years, after comments from a Federal Reserve official that the bank may soon rein in monetary easing...
Jan Harvey, Reuters
Posted on 5-17-2013 at 8:06 AM

After Google, Amazon to be grilled on UK tax presence

Internet retailer Amazon.com Inc. will be called back to the British parliament to clarify how its activities in the UK justify its low corporate income tax bill, two lawmakers told Reuters.
Tom Bergin, Reuters
Posted on 5-17-2013 at 8:02 AM

In blow for India, S&P affirms negative rating outlook

Standard & Poor's reiterated its negative outlook on India's credit rating, which is one notch above "junk", warning of the need to follow through on reforms and dealing a blow to a...
Suvashree Dey Choudhury and Shamik Paul, Reuters
Posted on 5-17-2013 at 7:46 AM

Alcoa and Alcan postpone Quebec smelter upgrades

With an aluminum market weighed down by surpluses, Alcoa Inc. and Rio Tinto Alcan are postponing billions in upgrade and expansion plans to their smelters in Quebec.
Sophie Cousineau, The Globe and Mail
Posted on 5-17-2013 at 7:32 AM