Euro and Sterling Fall on Weak PMI Data
Euro fell notably today, along with decline in Eurozone government bond yields, following weaker-than-expected PMI […]
BoC Minutes: Sufficient progress justifies start of gradual easing
Summary of deliberations from BoC’s June meeting revealed consensus among Governing Council members, who noted […]
The Weekly Bottom Line: The Data Will Light the Way
U.S. Highlights In a widely expected move, the Federal Reserve held the policy rate steady […]
Housing and Retail Sales Data to Show Canadians Continue to Hold Back
Economic data in the week ahead should show further softening in Canadian (per-person) household spending […]
The Weekly Bottom Line: Labor Market Resilience Highlights Global Policy Rate Divergence
U.S. Highlights The U.S. economy added 272k jobs in May, while the unemployment rate ticked […]
Weekly Economic & Financial Commentary: G7 Central Banks Ease into Summer with Rate Cuts
Summary United States: July Cut Bites the Dust; September Hanging on Edge of Its Seat […]
Fed Set to Hold Rates as Inflation and Other Indicators Show Mixed Signals
Wednesday’s U.S. Consumer Price Index data and the Federal Reserve’s interest rate decision will be […]
Canada’s Unemployment Rate Continued to Rise in May, as Job Gains Lag Population Growth
The Canadian labour market geared down from its April hiring surge, adding a modest 27k […]
Canada employment grows 26.7, unemployment rate up to 6.2%
Canada’s employment grew 26.7k in May slightly above expectation of 24.8k. Part-time employment rose 62k […]
Canadian Dollar Eyes Can., US Job Data
The Canadian dollar has had a relatively quiet week and has ticked higher on Friday. […]
Cliff Notes: Travelling a Bumpy Road with Confidence
Key insights from the week that was. Australian Q1 GDP printed broadly as expected, rising […]
Canada’s retail sales rises 0.7% mom in Apr, but falls -0.6% mom in May
Canada’s retail sales rose 0.7% mom to CAD 66.8B in April, matched expectations. Sales were […]