U.S. Fed Ponders Another Hike Ahead of April Labour Market Data
We expect Canadian employment edged up by about 12,000 in April—the smallest increase since September. […]
Week Ahead – Fed and ECB Decisions Set the Stage for US Payrolls
An explosive week lies ahead for global markets, featuring central bank decisions in the United […]
Canada’s Economy Continues to Grow in February, Points to a Slight Decline in March
The Canadian economy expanded by 0.1% month/month (m/m) in February, below Statistics Canada’s flash estimate […]
Dollar Weakens Against Europeans Following Inflation Data, Yen Continues Post-BoJ Selloff
Dollar is facing renewed pressure against European majors in early US trading sessions due to […]
Temporary First Republic-Related Stress to Fade Further
Markets First Republic shares remain in tailspin, but spillover to other markets was way smaller […]
The Weekly Bottom Line: Housing Falls as the Fed Blackout Period Begins
U.S. Highlights China’s economy saw solid growth in the first quarter, with a strong rebound […]
Canada retail sales down -0.2% mom in Feb, smaller than expected
Canada retail sales contracted -0.2% mom to CAD 66.3B in February, better than expectation of […]
Crude Coming Down to Fill the Gap, Supporting USD/CAD Rally Towards 1.3555
Crude oil is coming down, trying to fill that gap now from early April when […]
Canada’s Slowly Approaching Economic Slowdown
Summary Canada’s economy has made a solid start to 2023, with sturdy employment gains over […]
BoC Macklem: Inflation coming down quickly, but more concerned about upside risks
BoC Governor Tiff Macklem, during a parliamentary committee hearing, spoke on the progress made in […]
Canada CPI slowed to 4.3% yoy in Mar, lowest since Aug 2021
Canada CPI slowed from 5.2% yoy to 4.3% yoy in March, matched expectations. That was […]
Canada GDP grew 0.1% mom in Feb, but down -0.1% in Mar
Canada GDP grew 0.1% mom in February, below expectation of 0.2% mom. Both services-producing industries […]