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Top related persons:
Mark Blinch - 1 Tom O'Gorman - 1 we're - 1 Michael Goshko - 1 maturities - 1 Fergal Smith - 1 Sandra Maler - 1
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Toronto TORONTO Canadian Franklin Templeton Canada Wall
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REUTERS - 1 greenback - 1 BoC - 1 Canadian - 1 U.S - 1 Bank of - 1 Franklin Templeton - 1 Convera Canada - 1

Search resuls for: "Tom O'Gorman"


2 mentions found


☆ Canadian dollar hits 7-month low as BoC stays sidelined
  + stars: | 2023-10-25 | by ( Fergal Smith | ) www.reuters.com   time to read: +2 min
A Canadian dollar coin, commonly known as the "Loonie", is pictured in this illustration picture taken in Toronto, January 23, 2015. The Canadian central bank held its key overnight rate at a 22-year high of 5.0%, as expected, for a second straight meeting. Wall Street fell after lackluster corporate results, while the U.S. dollar (.DXY) rallied against a basket of major currencies. Canadian government bond yields were higher across a steeper curve but the move for shorter-dated maturities was less than for the equivalent U.S. Treasury yields. The 2-year rose 2.9 basis points to 4.749%, while the 10-year was up 11.3 basis points at 4.131%.
Persons: Mark Blinch, Tom O'Gorman, we're, Michael Goshko, maturities, Fergal Smith, Sandra Maler Organizations: REUTERS, greenback, BoC, Canadian, U.S, Bank of, Franklin Templeton, Convera Canada, U.S ., Treasury, Thomson Locations: Toronto, TORONTO, Canadian, Franklin Templeton Canada, Wall
☆ TSX ends lower for second day as industrials slide
  + stars: | 2023-01-25 | by ( Fergal Smith | ) www.reuters.com   time to read: +2 min
The Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) ended down 29.95 points, or 0.2%, at 20,599.60, adding to a small decline on Tuesday. "We expect them to be on pause for quite a while," said Tom O'Gorman, director of fixed income at Franklin Templeton Canada. Industrials fell 2.1%, with Canadian National Railway Co (CNR.TO) down 4.7% after the company forecast lower 2023 earnings. U.S. crude oil futures settled 2 cents higher at $80.15 a barrel after a smaller than expected build in U.S. crude inventories. Shopify Inc (SHOP.TO) was a bright spot, rising nearly 11% after the e-commerce company updated its pricing plan.
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