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...

Canadian dollar tracks oil higher; speech by central bank deputy governor awaited


The Canadian dollar CADUSD strengthened against its U.S. counterpart on Thursday as the price of oil rebounded and ahead of a speech by a senior Bank of Canada official that could offer clues on the likelihood of additional interest rate hikes.

Oil, one of Canada’s major exports, rose after four sessions of decline, boosted by hopes that easing anti-COVID-19 measures in China will revive demand and by signs that some tankers carrying Russian oil have been delayed after a G7 price cap came into effect.

U.S. crude prices were up 2.2 per cent at $73.60 a barrel, while the Canadian dollar gained 0.6 per cent to 1.3565 per greenback, or 73.72 U.S. cents.

It traded in a range of 1.3562 to 1.3688, after touching on Wednesday its weakest intraday level in more than one month at 1.3699.

Sharon Kozicki, a deputy governor at the Bank of Canada, is due to give an economic progress after the central bank on Wednesday hiked its benchmark overnight interest rate by half a percentage point and signaled its unprecedented tightening campaign was near an end.

The bank will publish Kozicki’s prepared remarks at 12:30 p.m. ET (1730 GMT).

“While the statement said policy makers ‘will be considering’ whether more hikes are needed to return inflation back to target, the door is clearly being left open to a little more tightening at least early next year,” Shaun Osborne, chief currency strategist at Scotiabank, said in a note.

Money markets are pricing in a peak level for rates of 4.41 per cent in June, 16 basis points above the current setting.

Canadian government bond yields were higher across the curve, tracking the move in U.S. Treasuries.

The 10-year rose 7 basis points to 2.830 per cent, after touching on Wednesday its lowest intraday level in nearly four months at 2.715 per cent.

https://www.tausiinsider.com/canadian-dollar-tracks-oil-higher-speech-by-central-bank-deputy-governor-awaited/?feed_id=329822&_unique_id=644581b3b3124

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