The latest round of Canadian economic data is in—and it’s unlikely to deter the Bank of Canada from hiking rates again next week. Nothing in the data on employment, inflation, GDP or the second quarter Read more…
The latest round of Canadian economic data is in—and it’s unlikely to deter the Bank of Canada from hiking rates again next week. Nothing in the data on employment, inflation, GDP or the second quarter Read more…
The latest round of Canadian economic data is in—and it’s unlikely to deter the Bank of Canada from hiking rates again next week. Nothing in the data on employment, inflation, GDP or the second quarter Read more…
The latest round of Canadian economic data is in—and it’s unlikely to deter the Bank of Canada from hiking rates again next week. Nothing in the data on employment, inflation, GDP or the second quarter Read more…
Research US – Rising Real Rates Cast a Shadow Over Upbeat Macro Data The persistent strength of the US economy’s service sector combined with steady labour market and too fast wage inflation call for one Read more…
Another exciting week lies ahead for FX markets, before trading conditions start to wind down for the summer. The spotlight will fall on the latest US inflation report, which could help the dollar break out Read more…
Daily Pivots: (S1) 0.8936; (P) 0.8968; (R1) 0.8984; More… USD/CHF dips notably but stays above 0.8900 support for now. Intraday bias stays neutral first while further decline is expected. On the downside, break of 0.8900 Read more…
Canada employment rose 59.9k in June, well above expectation of 19.8k. Employment gains in June were all in full-time work (110k), part-time jobs fell (-50k). Employment rose in wholesale and retail trade (33k), manufacturing (27k), Read more…
US nonfarm payrolls expected to drop, but massive ADP jobs report is making investors nervous. Canada’s labour market is expected to rebound with a 20,000 gain. The Canadian dollar is drifting in the European session, Read more…
Daily Pivots: (S1) 182.69; (P) 183.35; (R1) 184.19; More… GBP/JPY’s correction from 183.99 is extending today. Firm break of 182.12 support will bring deeper fall to 55 D EMW (now at 175.98). But downside should Read more…