Highlights of the Week of August 14, 2017

Dear PGM Capital blog readers, In this weekend blog edition, we want to discuss some of the most important events that happened in the global capital markets, the world economy and the world of money, in the week of August 14, 2017: Palladium at 16.5-year high. Ping-An Insurance reported Block buster earnings and hikes it dividend[…]

Bank of Canada Hiked Key Interest Rate to 0.75 percent

Dear PGM Capital Blog readers, On Wednesday, July 12, the Bank of Canada (BOC) announced it’s raising the benchmark lending rate from 0.5 percent to 0.75 percent, which is Its first rate hike in nearly seven years  as can be seen from below chart. The central bank raised its overnight lending rate by a quarter-percentage-point Wednesday,[…]