07:49 AM EDT, 08/02/2024 (MT Newswires) -- Eupraxia Pharmaceuticals ( EPRX ) , a clinical-stage biotechnology company, on Friday announced entry into a new $12 million convertible debt facility. Under the Convertible Debt Facility, Yabema Capital Limited and other current Eupraxia shareholders will make available for drawdown an aggregate amount of $12 million for a period of 120 days following...

07:45 AM EDT, 08/02/2024 (MT Newswires) -- The market-implied path currently sees the Bank of Canada's (BoC) policy rate falling to 3.25% by the middle of next year, in line with the long-held forecast of Desjardins that the central bank would need to significantly cut rates ahead of the mortgage renewal wall. The move has come faster than Desjardins had...

07:47 AM EDT, 08/02/2024 (MT Newswires) -- since we're not ready to pencil in a recession just yet, the extent of the moves will be limited by the policy rate falling just 50bps below our neutral rate estimate (Chart). In a recession, the policy rate has tended to fall 250 to 300bps below neutral. Because we still see a path...

(Reuters) -Cboe Global Markets ( CBOE ) reported a higher-than-expected second-quarter profit on Friday, helped by strong growth in options trading as geopolitical tensions and elevated interest rates prompted investors to actively hedge their exposure. Fears of potential economic shocks from the Russia-Ukraine war and the Middle East conflict have kept investors on edge even as markets rallied strongly this...