Week In Review
Monday, April 20th, 2009
Stock markets around the world extended their rallies for the sixth straight week lead by positive 1st quarter earnings reports for many large US banks. First quarter earnings season is underway and a lot more will be released this week. Also this week the Bank of Canada will be giving guidance on the 21st. Most analysts are expecting another 0.25% rate cut taking the overnight rate to an unprecedented low of just 0.25%.
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