Karl Schamotta

Markets are still betting on a raft of stimulus measures from the ECB in September and that is having a pretty strongly negative effect on the euro, but in the near term, this idea that we could see more spending out of Germany is helping to alleviate that.

In true Canadian fashion, most traders declared 'beer o'clock' when they saw that the TMX was closed, it certainly appears to be a technical glitch but there does not seem to be a lot of information about exactly what caused it.