Dominion Lending Centres Clearlease Reports Friday the 13th Canadian dollar advances amid strong European economic data, rising commodities
VANCOUVER, BC – (May 13, 2011) Clearlease Reports The Canadian dollar was slightly higher Friday morning amid commodity prices which advanced following surprisingly positive economic data from Europe.
“Stronger-than-expected Euro-area GDP growth has investors in a modest buying mood for equities and commodities,” observed BMO Capital Markets senior economist Sal Guatieri.
The loonie rose 0.05 of a cent to 103.97 cents US as Eurostat, the EU’s statistics office, said that the economy of the 17 countries that use the euro grew by a quarterly rate of 0.8 per cent in the first three months of the year.
That was more than double the 0.3 per cent growth posted in the previous three-month period and ahead of analysts’ expectations for a 0.6 per cent increase.
Germany was the main driver of growth as its economy expanded by 1.5 per cent growth during the quarter.
The June crude contract on the New York Mercantile Exchange gained $1.17 to US$100.14 a barrel. Oil has been volatile this week after data Wednesday showed that U.S. gasoline demand dropped 2.4 per cent last week while oil supplies grew more than twice as much as analysts expected.
Metal prices also advanced with the July copper contract gained six cents to US$4.03 a pound while the June gold contract in New York climbed 60 cents to US$1,507.40 an ounce.
The greenback softened slightly as economic data showed that inflation in the U.S. rose by 0.4 per cent during April, which was slightly higher than expectations, as Americans paid more for food and gasoline. Excluding fuel and food, prices rose by 0.2 per cent.
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk
VANCOUVER, BC – (May 13, 2011) Clearlease Reports The Canadian dollar was slightly higher Friday morning amid commodity prices which advanced following surprisingly positive economic data from Europe.
“Stronger-than-expected Euro-area GDP growth has investors in a modest buying mood for equities and commodities,” observed BMO Capital Markets senior economist Sal Guatieri.
The loonie rose 0.05 of a cent to 103.97 cents US as Eurostat, the EU’s statistics office, said that the economy of the 17 countries that use the euro grew by a quarterly rate of 0.8 per cent in the first three months of the year.
That was more than double the 0.3 per cent growth posted in the previous three-month period and ahead of analysts’ expectations for a 0.6 per cent increase.
Germany was the main driver of growth as its economy expanded by 1.5 per cent growth during the quarter.
The June crude contract on the New York Mercantile Exchange gained $1.17 to US$100.14 a barrel. Oil has been volatile this week after data Wednesday showed that U.S. gasoline demand dropped 2.4 per cent last week while oil supplies grew more than twice as much as analysts expected.
Metal prices also advanced with the July copper contract gained six cents to US$4.03 a pound while the June gold contract in New York climbed 60 cents to US$1,507.40 an ounce.
The greenback softened slightly as economic data showed that inflation in the U.S. rose by 0.4 per cent during April, which was slightly higher than expectations, as Americans paid more for food and gasoline. Excluding fuel and food, prices rose by 0.2 per cent.
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk
Dominion Lending Centres Clearlease Reports Friday the 13th Canadian dollar advances amid strong European economic data, rising commodities
VANCOUVER, BC – (May 13, 2011) Clearlease Reports The Canadian dollar was slightly higher Friday morning amid commodity prices which advanced following surprisingly positive economic data from Europe.
“Stronger-than-expected Euro-area GDP growth has investors in a modest buying mood for equities and commodities,” observed BMO Capital Markets senior economist Sal Guatieri.
The loonie rose 0.05 of a cent to 103.97 cents US as Eurostat, the EU’s statistics office, said that the economy of the 17 countries that use the euro grew by a quarterly rate of 0.8 per cent in the first three months of the year.
That was more than double the 0.3 per cent growth posted in the previous three-month period and ahead of analysts’ expectations for a 0.6 per cent increase.
Germany was the main driver of growth as its economy expanded by 1.5 per cent growth during the quarter.
The June crude contract on the New York Mercantile Exchange gained $1.17 to US$100.14 a barrel. Oil has been volatile this week after data Wednesday showed that U.S. gasoline demand dropped 2.4 per cent last week while oil supplies grew more than twice as much as analysts expected.
Metal prices also advanced with the July copper contract gained six cents to US$4.03 a pound while the June gold contract in New York climbed 60 cents to US$1,507.40 an ounce.
The greenback softened slightly as economic data showed that inflation in the U.S. rose by 0.4 per cent during April, which was slightly higher than expectations, as Americans paid more for food and gasoline. Excluding fuel and food, prices rose by 0.2 per cent.
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk