Canadian Retail Sales Slowing, But Services Spending Remains Strong
We expect next week’s retail sales data to show further softening in consumer spending for […]
Is Inflation About to Fall Off a Cliff?
Inflation may have finally peaked around the world, but central banks remain on alert amid […]
RBA and BoC Bombshells Stir Market Waters; Dollar, Euro and Yen Suffered
Last week marked the beginning of an avalanche of central bank surprises, with both RBA […]
Weekly Economic & Financial Commentary: Fed Weighs a Potential Pause at Next Week’s Meeting
Summary United States: Calm Before the Storm It was a light calendar of economic data […]
The Weekly Bottom Line: Canada – Getting Back Into the Game
U.S. Highlights The ISM Services index surprised on the downside, falling 1.6 points to 50.3 […]
Fed to ‘Skip’ June Interest Rate Hike Despite Higher Inflation
The U.S. Federal Reserve (Fed) looks likely to pass on raising interest rates next week—though […]
What BOC Surprise Could Mean For Fed
The BOC really shocked markets back on Wednesday when it hiked rates by 25bps. Pretty […]
USD/CAD – Canadian Dollar Extends Gains Despite Weak Job Data
Canada’s economy sheds 17K jobs, unemployment rate climbs US dollar under pressure after unemployment claims […]
Canada’s Labour Market Sheds Jobs in May
The Canadian labour market shed 17.3k positions in May, with full-time employment down 32.7k and […]
Chinese Markets Unmoved By This Morning’s Price Data
Markets US weekly jobless claims, of all things, was responsible for yesterday’s main market move. […]
Canada employment down -17.3k in May, unemployment rate rose to 5.2%
Canada employment dropped -17.3k, or -0.1% mom in May, worse than expectation of 21.2k growth. […]