U.S. Preview: Existing Home Sales to Drop in October Following September Bounce

CEP News - (CEP News) - The National Association of Realtors' (NAR) index of existing home sales is set to fall by 2.7% in October, which would push the pace of sales from an annualized 5.18...

Plosser Expects Weak Growth to Continue Well into Second Half of 2009

CEP News - (CEP News) - Speaking in Philadelphia, Plosser said he expects positive momentum to resume in the second half of 2009.

Markets Expecting 50bp Year-End Rate Cut as Fed Struggles to Control Fed Funds Rate

CEP News - (CEP News) - However, traders are factoring in a 16% chance for a 75bp rate reduction, down from 32% yesterday.

The Week Ahead Canada & U.S.: U.S. Consumer Confidence, Durable Goods

CEP News - (CEP News) - A full docket of data, including U.S. consumer confidence, durable goods, new and existing home sales and PCE, will be released during the shortened trading week.

Canadian Car Dealers Ask Government to Ensure Access to Liquidity

CEP News - (CEP News) - While the president of the Canadian Automobile Dealers Association (CADA) was vague on details about the assistance being sought from the government, he warned that...