Canadian and U.S. jobs reports on Friday will highlight the growing underperformance of the Canadian labour market compared to the U.S. We expect Canadian employment edged up 10,000 with the …
Will the NFP data corroborate bets of a Fed pause? Loonie traders await employment numbers as well Australia’s GDP to verify whether bets of May RBA cut are realistic Euro …
Geopolitics and political events dominated the agenda this week. On Monday evening, president-elect Donald Trump announced 25% tariffs on imported goods from Canada and Mexico, and an additional 10% tariff on …
The shift to a more services-based economy increases economy-wide depreciation rates, and so the need to invest. Higher average interest rates – and economy-wide profit shares – are among the …
Summary United States: Data Came in Like a Butterball Anyone who has ever gobbled until they wobbled can tell you it can be challenging to digest too much at one …
Weak PMI data from Europe and the UK raise concerns about global economic outlook and sent the EUR and GBP tumbling. Escalating tensions in Russia-Ukraine and the Middle East add …
Canadian Highlights Canadian inflation made headlines this week, with both overall and core inflation pushing higher in October. The Canadian consumer was also in the spotlight as retail sales surged …
United States: Back-up in Mortgage Rates a Setback for Housing The residential sector was in focus this week. The late summer dip in mortgage rates led to an upside surprise …
United States: Back-up in Mortgage Rates a Setback for Housing The residential sector was in focus this week. The late summer dip in mortgage rates led to an upside surprise …
We look for gross domestic product growth in Canada to have picked up slightly to 0.2% in September on Friday after holding steady in August. That should leave the Q3 …
RBNZ is expected to cut rates by 50 bps at its last policy meeting of 2024 But will PCE inflation data give the green light for a Fed cut? Eurozone …
Rising tensions between Russia and Ukraine caused renewed unease in the markets this week. Putin signed an amendment to Russian nuclear doctrine, which allows Russia to use nuclear weapons for retaliating …