Canadian Highlights Canada’s labour market remained soft in April, with employment down and the unemployment rate rising to 6.9%. Canada’s trade balance returned to surplus in March on stronger commodity exports, though net trade is still likely to subtract from Q1 GDP growth. A soft labour market and weak ex-energy trade should keep the Bank […]
The post The Weekly Bottom Line: Labor Market Resilient Despite Energy Shock appeared first on ActionForex.
Equities maintain a “risk-on” rally, defying the market disconnect from elevated oil prices and rising interest rate expectations. The US market faces a pivotal week with the final Powell-led CPI report expected on Tuesday, ahead Read more…
The week ahead is relatively quiet for major Canadian data releases, but industry reports will offer important signals about the economy’s momentum heading into spring. Early signs from Statistics Canada’s advance estimates suggest wholesale trade Read more…
U.S. inflation data are set to firm modestly in April, with headline CPI rising toward 3.8% year-over-year and core holding near 2.9%, reflecting energy‑related pressures spilling into food, services and some goods even as shelter Read more…