man charged in triple murder; victims related - tonight Newspaper

NUMBERS BEHIND THE NEWSTUESDAY NIGHT | 16.07.2013 | P. 11CANADIAN DOLLARTuesday open96.03¢ U.S. (+0.01¢)MANUFACTURINGStatsCan: May salesT:3”$48.6B (+0.7%)UNEMPLOYMENTEnd-of-2014 forecast6.7% (-0.4%)HUMANS,NOT NUMBERSA woman holds abanner reading “Weare Humans - NotNumbers”, during aprotest in Athens,Tuesday, July 16, 2013.Unions opposingausterity measures inGreece staged theirfourth general strikethis year on Tuesday,as the governmentprepared to start axingpublic sector jobs.Kostas Tsironis /Associated PressEasing overseas helps euro stocks rallyBy DAVID PETTdpett@nationalpost.comStock markets in Europeand the U.K. are expectedto benefit as ultra-accommodativemonetary policiescontinue east of theAtlantic, but U.S. equitieshave momentum on theirside and could rally evenhigher despite concernsthat quantitative easingmay begin drawing to aclose later this year.“The European CentralBank and the Bank ofEngland are signaling loosepolicy for a longer time in anattempt to flatten the frontend of their yield curves atthe same time as the economicdata are improving,”said Michael Gavin,DIR13442 CA-TNght-Bx-E.inddRoyal BankNoneBarclays’ head of global 6-5-2013 low-interest 1:03 PM rates for an extendedperiod of time.emerging-market strategy Nonein a note to clients. “This 6-5-2013 Gavin 1:03 PMrecommends investorsPedro overweight (TOR-MCL) Europeanremains a sweet spot Rodrigues, forthe Eurostoxx 50 and theFTSE.”Both indexes fell morethan 11% following U.S.Federal Reserve chairmanBen Bernanke’s testimonybefore the U.S. Congress onMay 22 that he expects tobegin reducing the pace ofasset purchases later thisequities as the Fed contemplatestapering and theEuropean economy recovers,but cautions againstU.S. equities, which, at leastin the near term, are vulnerableto disappointmentsin domestic economic dataand excessive tightening infinancial market conditions.year if current economic “[European valuations]trends continue.remain compelling whileBut stocks in Europe domestic tail risks remainand the U.K. have risen7% and 9%, respectively,since June 24 and last weekclimbed more than 3% ascontained,” he said. “U.K.equities should also benefitfrom the combination ofcheap valuations, forwardtheir respective central guidance and a weaker currency.”banks continue to forecastFinancial Post1NoneNoneGet the rightbank account.GUARANTEED * .rbc.com/optionsFor the latest in business news go to financialpost.comor pick up the National Post each morning for full FP coverage.STOCK SNAPSHOTYEAR TO DATE(+) 18.79%(GOOGLE FINANCE)LOBLAW COMPANIES LIMITED (L) — TSX3” x 2”3” x 2”NoneNone100%Production:Volumes:Product...LS:DIR13442 CA-TNght-Bx-E.inddMeta Bold LF, Meta Black LF, Meta Normal LFCURRENT PRICE$49.98Tonight 3x2 Box AdP/E20.74None------Cyan, Magenta, Yellow, Black--OECD: Canada, U.S. to see unemployment fall by end of 2014 --PARIS – Unemployment rates in Canada and the U.S. will fallsignificantly by the end of next year but the overall rate amongsome of the world’s advanced economies will remain high, theOECD forecasts in a report issued today.For the 34-country Organization for Economic Co-operationand Devepment, overall unemployment is projected to fall slightlynext year to 7.8% from 8%.In Canada, which weathered the latest recession better thanmany other advanced countries, the unemployment rate was7.1% in the first quarter of this year and is projected to fall to6.7% by the end of 2014.The OECD says Canada continues to outpace many othermember countries but it hasn’t completely recovered from the2008-09 financial crisis, when the national unemploymjent ratewas 6.1%.The Canadian PressTMYou can miss a lot when you miss a day.Every edition of the National Post features unique commentary,world-class design and the Financial Post, Canada’s Business Voice. ®Don’t fall behind: Get an All Access subscription which includes6-day home delivery and unlimited access to nationalpost.com andfinancialpost.com, plus our ePaper edition for only $7/week.To subscribe please visit nationalpost.com/np28 or call 1 800 668-7678 QUOTE: TONIGHTThis offer is Monday to Saturday delivery and is applicable only where National Post home delivery is available. This offer requires a minimum 6-month commitment and cannot be combined with any other offer. A monthly pre-authorized payment of $28.00/month will becharged to your credit card or chequing account. National Post will continue delivery after the introductory period at the regular home delivery rate. Please contact our Customer Service Department at 1-800-668-7678 for the regular rate in your area. This offer is not availablein all delivery areas. Prices may be higher in some areas and are subject to change without notice. Offer is limited to readers who have not had home delivery in the past 90 days. Subscription will commence within 5 business days upon registration. For non-deliverable areas,an ePaper subscription is available at the rate of $9.99/month for a minimum 6-month commitment payable by credit card only. All prices are subject to applicable taxes. A valid e-mail address is required to activate your ePaper subscription. A welcome e-mail will be sent fromno-reply@membership.canada.com with a temporary password. Offer expires December 31, 2013.