Canadian Dollar Rises on Unexpected Inflation Uptick; Australian Dollar Continues to Struggle
Canadian Dollar is enjoying a broad rally in early US trading session, fueled by data […]
Canadian CPI Inflation to Cool Further
Investors will look for clues on whether the rate cut pricing in Canada is unseasonable […]
The Weekly Bottom Line: Inflation Continues to Cool in Earnest
U.S. Highlights Inflation eased modestly in April, with headline and core CPI both ticking down […]
Canadian Inflation Likely to Ease Again
Canada’s April inflation reading likely ticked lower again. We expect to a 4.1% year-over-year rate […]
Market Mood Mixed Ahead of US CPI
Asian markets were a mixed bag on Tuesday as caution kicked in ahead of tomorrow’s […]
Roller-Coaster Week for Investors Ended with Commodity Currencies on Top
Risk-on, risk-off, and then risk-on. It’s a roller-coaster ride for investors last week,with a slew […]
The Weekly Bottom Line: Fed Lifts Policy Rate to a 16-year High
U.S. Highlights The Federal Reserve hiked the policy rate 25 basis points this week, lifting […]
USD/CAD Extends Slide ahead of Job Reports
Canada’s employment change expected to slow US nonfarm payrolls projected to fall to 179,000 Canadian […]
BoC Macklem: Getting inflation down to 2% would be more difficult
BoC Governor Tiff Macklem has reiterated the central bank’s commitment to restore price stability, stating […]
Canadian Dollar Edges Lower ahead of US, Canadian Mfg. PMIs
Canada’s GDP rose 0.1% in March US, Canada to release Manufacturing PMIs After a 2 […]
The Weekly Bottom Line: Core Inflation Remains Elevated, Fed to Hike Next Week
U.S. Highlights U.S. real GDP growth slowed to 1.1% quarter-over-quarter (q/q) annualized in 2023 Q1, […]
Canada CPI rose to 4.4% yoy in Apr, first acceleration since June 2022
Canada CPI rose 0.7% mom in April, above expectation of 0.5% mom. Prices for gasoline […]