Bank of Canada Governor Stephen Poloz: Canadian economy starts to grow in the second quarter, benefiting from low oil prices

Market news

24 April 2015

Bank of Canada Governor Stephen Poloz: Canadian economy starts to grow in the second quarter, benefiting from low oil prices

The Bank of Canada Governor Stephen Poloz expects that Canadian economy starts to grow in the second quarter, benefiting from low oil prices.

"Starting in the second quarter we think the positives will be more important than the negatives and certainly in the second half of the year the shock should be fully behind us," Poloz said on Friday.

Gold price hits 5-week lows despite a weaker U.S. dollar and the Greek debt crisis

European Economics Commissioner Pierre Moscovici: the progress is too slow

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.