Markets The euro zone’s four largest countries today released May inflation numbers. On a monthly basis, the pace slowed but most annual numbers rose further. French inflation increased by 0.1% M/M to 2.8% Y/Y (from 2.5%; highest since February 2024). Spanish inflation moved at the same monthly pace but hit 3.6% Y/Y (from 3.5%; second […]
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Canadian Highlights Markets swung on hopes of a Middle East truce, but the outlook remains fragile. Canada’s economy has stalled out over the past two quarters, with weak domestic demand and patchy investment pointing to Read more…
The focus next week is Friday’s U.S. employment report, where we look for May nonfarm payrolls to rise by 105K and the unemployment rate to edge up to 4.4%. Taken together, the report should leave Read more…
Canada’s economy had a soft start to 2026. Real GDP growth disappointed consensus expectations and was broadly unchanged in Q1 and the unemployment rate has edged higher. Still, we expect signs of stabilizing labour demand Read more…