Canadian Dollar Slips Despite Strong Ivey PMI
USD/CAD has edged higher on Wednesday and is up 0.25%, trading at 1.3760 at the […]
Dollar Falls as Prospects of Two Fed Rate Cuts This Year Reemerge
Dollar concluded last week with significant losses, influenced by a set of factors that realigned […]
The Weekly Bottom Line: Holding Steady for Longer
U.S. Highlights The Federal Reserve held the policy rate steady this week and signaled that […]
Canadian Jobs Data to Show Further Labour Market Softening
The Canadian labour market report will be watched closely next Friday for further signs of […]
Canada’s Trade Accounts Register a $2.3 Billion Deficit in March
Canada’s merchandise trade balance swung to a $2.3 billion deficit in March, while February’s surplus […]
Canada’s Economy Continued to Grow in February, No Growth Expected in March
The Canadian economy grew for a second straight month in February, up 0.2% on a […]
Canada’s GDP grows 0.2% mom in Feb, vs exp. 0.3% mom
Canada’s GDP grew 0.2% mom in February, below expectation of 0.3% mom. Services-producing industries (+0.2%) […]
The Weekly Bottom Line: Canada – Rate Cuts on the Horizon
U.S. Highlights There was no reprieve in U.S. data this week for those concerned the […]
GDP Data to show Canadian Economy Lost Momentum Late in First Quarter
On Tuesday, we expect Canadian gross domestic product in February to show a more subdued […]
BoC members divided on rate cut timing, united on gradual easing approach
BoC’s April meeting summary revealed a “diversity of views” among its members concerning the timing […]
Canada: Retail Sales Registered Loss in February, Auto Sales Partially Recover
Retail sales declined by 0.1% month-on-month (m/m) in February, coming in weaker than Statistics Canada’s […]
BoC nears interest rate cuts as inflation eases, says Macklem
BoC Governor Tiff Macklem, at a Senate committee testimony, indicated that Canada is edging closer […]