(MENAFN - Baystreet.ca)
The Canadian dollar gave back all of yesterday s gains overnight. There was widespread U.S. dollar demand as traders trimmed positions ahead of Chinese New Year holidays, and long weekends in the U.S. and Canada. Position trimming wasn t just confined to FX markets. Global equity indexes are mixed to flat, while U.S. equity futures are modestly lower. Gold and oil prices edged down as well.
Bitcoin (BTC/USD) was the exception. The cryptocurrency soared to a record high of $48,307.35. Traders believe the Tesla purchase of $1.5 billion, and news that Bank of New York Mellon planned to store, and issue digital assets helped reinforce sentiment that BTC/USD as a legitimate investment product.
Real estate transactions in Sharjah surged 5.1 per cent to 64,459 worth Dh15.9 billion during 2020 on the back of stimulus measures rolled out by the government to overcome the pandemic challenges.
Kerre McIvor: The NIMBYs might have a point
13 Feb, 2021 04:00 PM
4 minutes to read
Intensive housing can and should be done well. Photo / Alex Burton Back in the days when I had a house, it was right next to Wellpark College, a place where students of all ages studied natural medicine and the like. They were good neighbours. People who are dedicated to studying massage and aromatherapy and naturopathy are gentle souls, in the main. There was one bats t crazy woman of a certain age who clearly needed someone in her class to realign her chakras when she started yelling and ranting that we shouldn t have two car parks, that it was just greedy and she was going bankrupt paying parking fees. But she was not the norm.