Canada’s merchandise trade balance tallied a $323 million deficit in November, registering in the red ink for the ninth consecutive month. October’s deficit was revised lower to $544 million. Merchandise exports gained some steam in November, rising by 2.2% month-on-month (m/m). All but two of 11 sectors registered increases on the month. Higher prices drove […]
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US initial jobless claims fell -10k to 201k in the week ending January 4, below expectation of 218k. That’s also the slowest number since February 2024. Four-week moving average of initial claims fell -10k to Read more…
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Crude oil continues to rise for a third week. On Wednesday, the price of a barrel of Brent crude rose above $77.50, its highest level in almost three months. Better-than-expected economic data from the US Read more…