Canada Q1 labour productivity falls 0.5%
Prior was -0.1% (revised to -0.3%) Unit labour costs +1.4% q/q, fourth consecutive gain (+3.2% y/y) Goods led the decline (-1.7%); ag/forestry cratered -8.6%, construction -2.3% Statistics Canada says business…
Read More »TSX traders higher as investors await Bank of Canada, Fed rate decisions
Original source: https://www.investing.com/news/stock-market-news/tsx-futures-muted-as-traders-await-bank-of-canada-fed-rate-decisions-4242044
Read More »TSX holds flatline as investors weigh Bank of Canada survey, trade outlook
Original source: https://www.investing.com/news/stock-market-news/tsx-futures-edge-up-with-earnings-trade-talks-bank-of-canada-survey-in-focus-4143364
Read More »TSX up after Bank of Canada survey shows tariff-related cost pressures moderated
Original source: https://www.investing.com/news/stock-market-news/tsx-futures-edge-up-with-earnings-trade-talks-bank-of-canada-survey-in-focus-4143364
Read More »Unemployment rate set to rise in Canada, reinforcing expectations of a BoC rate cut
On Friday, Statistics Canada will release the results of the Canadian Labour Force Survey. Market investors predict that the report will come in on the soft side, which might encourage…
Read More »BoC’s Macklem: Trump’s tariffs threat already having an impact
Bank of Canada Governor Tiff Macklem said late Thursday that a policy shift in the US was causing uncertainty and President Donald Trump’s tariff threats were already impacting businesses and…
Read More »Canada August new housing price 0.0% vs +0.2% prior
Prior was +0.2% Prices were unchanged in 13 of the 27 census metropolitan areas Prices increased in 8 Prices declined in the remaining 6 The index was unchanged on a…
Read More »Forexlive Americas FX news wrap 31 May: US PCE doesn’t scare. Yields lower. US down and up
Hamas says they view US Pres. Biden’s proposal for a cease-fire as positive S&P cuts France to AA- to AA US stocks rebound into the close. Highlights for next week:…
Read More »Strong auto sales hide slowing Canadian disretionary spending
Canada retail sales Friday’s Canadian retail sales report for September far-surpassed expectations at +0.6% compared to a flat reading expected. In addition, the advance reading for October was +0.8% in…
Read More »USD/CAD Technical Outlook: Mixed Technical Signals Could Halt Upside Rally
Bank of Canada Deputy Governor issues hawkish message but CAD slide continues. What do the technicals tell us?
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