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Non-Tech : Canadian vs. US Banks--Better PE and rising C$
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To: Zirdu who wrote (114)6/26/1997 3:23:00 PM
From: marcos   of 230
 
Bank of Canada; bank-banque-canada.ca

Rate up this morning 25 basis points to 3.5.....this is our equivalent of the Fed rate in the US. Watch out for non-bank interest-sensitives like utilities, pipelines, etc......even banks could take a little dip here, but imho most people saw this coming.

And the Bundesbank; bundesbank.de who left their discount rate at 2.5 this morning.
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