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 rebounds as central bank opts for another oversized rate hike


The Canadian dollar CADUSD strengthened against its U.S. counterpart on Wednesday, rebounding from an earlier one-month low, as markets priced in a slightly higher endpoint for interest rate hikes following the Bank of Canada’s latest oversized policy move.

The BoC raised its benchmark overnight interest rate by 50 basis points to the highest level in almost 15 years but it eliminated the forward guidance it has used since it began cranking rates higher in March, dropping language that said they would have to rise further.

“It looks like markets have taken it a little more hawkish than expected but our take is we’re in the last throes of the rate tightening cycle and moving pretty close to a hold,” said Darcy Briggs, a portfolio manager at Franklin Templeton Canada.

Money markets moved to price in a terminal rate, or peak level for interest rates this cycle, of 4.43 per cent in June, up about 7 basis points from before the policy decision.

The Canadian dollar was trading 0.4 per cent higher at 1.36 to the greenback, or 73.53 U.S. cents, after touching its weakest level since Nov. 4 at 1.3699.

The currency will rally over the coming year as major commodity consumer China loosens its COVID-19 restrictions and the Federal Reserve potentially concludes its campaign to increase interest rates, a Reuters poll showed.

China on Wednesday announced the most sweeping changes to its resolute anti-COVID regime since the pandemic began three years ago.

Still, the price of oil, one of Canada’s major exports, was down 0.4 per cent at $73.93 a barrel as recession fears weighed.

Canadian government bond yields rose across a more deeply inverted curve.

The 10-year was up 3.2 basis points at 2.808 per cent, after earlier touching its lowest since Aug. 16 at 2.715 per cent.

https://www.tausiinsider.com/canadian-dollar-rebounds-as-central-bank-opts-for-another-oversized-rate-hike/?feed_id=330068&_unique_id=6447cfc5bb84a

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