Canadian Dollar Drifting as GDP Looms
Canadian GDP expected to slow in Q4 It’s a very light data calendar for Canadian […]
The Weekly Bottom Line: Sticky Inflation Means Higher Rates
U.S. Highlights A second read on fourth-quarter GDP showed that the U.S. economy grew by […]
Weekly Economic & Financial Commentary: 50 bps at the Next FOMC Meeting?
Summary United States: Mixed Housing Data and Upside Inflation Surprise Existing home sales declined 0.7% […]
Canadian GDP estimates to show slower Q4 but resilient January
Next week’s GDP report will likely show output up a modest 1.5% (annualized) in the […]
Week Ahead – US ISM PMIs and Eurozone CPI Data Enter the Spotlight
Following a relatively busy week, the calendar becomes lighter next week. However, that doesn’t mean […]
Will USD/CAD Break Key Resistance at 1.35 after Soft Canadian CPI?
Key takeaways The CPI in Canada rose by 5.9% YoY in January, compared to a […]
Improving European Data Boosts ECB and BOE Hike Bets
Euro FX crosses in focus following earlier European data and ahead of US and Canadian […]
Canada retail sales rose 0.5% mom in Dec
Canada retail sales rose 0.5% mom to CAD 62.1B in December. Sales increased in 7 […]
Canada CPI slowed to 5.9% yoy in Jan, Ex food and energy down to 4.9% yoy
Canada CPI slowed from 6.3% yoy to 5.9% yoy in Jan. StatsCan noted that “Prices […]
Loonie Would Love a Stronger CPI, But Not the Bank of Canada
With the next BoC meeting scheduled in just two weeks, loonie followers will have the […]
The Weekly Bottom Line: Rate Jitters Ahead of Inflation Release
U.S. Highlights The week’s data reminded markets that inflation is far away from the Fed’s […]
Canada GDP down -0.1% mom in Dec, but expected to rebound in Jan
Canada GDP contracted -0.1% mom in December, worse than expectation of 0.2% mom expansion. Goods-producing […]