7 Best Christmas Tree Stands in 2022

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Believe it or not, a Christmas tree won't stay upright on its own. Instead, you need a stable Christmas tree stand that can accommodate the type and size of tree you have. We researched dozens of the best Christmas tree stands to help you find the right one for your needs, whether you have a real tree, an artificial tree, a small tree, or a behemoth. The stands in our guide have a track record of durability, performance, and easy setup. We also outline the size and type of tree each stand is meant for. Check out our guide to the best Christmas tree skirts once you've chosen the right stand for your tree. The best Christmas tree stands in 2022 Best Christmas tree stand overall: Krinner Tree Genie Christmas Tree Stand, available at Amazon, $82.79 The German-engineered Krinner Tree Genie Christmas Tree Stand is easy to set up in a couple of minutes and keeps trees up to 12 f...
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Canadian dollar gains as inflation data bolsters interest rate hike bets


The Canadian dollar CADUSD strengthened against its U.S. counterpart on Tuesday as investors raised bets on a Bank of Canada interest rate hike this month following domestic data showing that underlying inflation pressures persist.

Canada’s annual inflation rate eased more than expected to 6.3 per cent in December as gas prices came down but core measures remained little changed from the previous month, Statistics Canada said.

Money markets see a 77 per cent chance of a quarter-point hike by the Bank of Canada on Jan. 25, up from 70 per cent before the data.

The core measures of inflation “are a little bit stickier” than the headline, said Michael Greenberg, SVP and portfolio manager at Franklin Templeton Investment Solutions.

The BoC is going to keep its “eye on the prize,” which is inflation moving back to a range of 1 per cent to 3 per cent with inflation expectations anchored, Greenberg added.

The Canadian dollar was trading 0.2 per cent higher at 1.3380 to the greenback, or 74.74 U.S. cents, after moving in a range of 1.3372 to 1.3437.

Gains for the loonie came as the U.S. dollar lost ground against a basket of major currencies and the price of oil, one of Canada’s major exports, rose to a two-week high.

U.S. crude prices were up 1.2 per cent at $80.80 a barrel after China posted weak but expectation-beating annual economic growth data.

Separate domestic data showed housing starts falling more than expected in December to a seasonally adjusted annualized rate of 248,625 units, after posting a revised rate of 263,022 units in November.

Canadian government bond yields were mixed across the curve.

The 2-year eased 1.3 basis points to 3.582 per cent but the gap compared to the equivalent U.S. rate narrowed by 2.3 basis points to 62.3 basis points in favor of the U.S. bond, its smallest since Nov. 2.

https://www.tausiinsider.com/canadian-dollar-gains-as-inflation-data-bolsters-interest-rate-hike-bets/?feed_id=323940&_unique_id=63e8d0eed63e3

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