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Add as a preferred source on GoogleThe recent recovery in oil prices, January's rate cut and a weaker exchange rate have given the BoC some breathing room to evaluate the longer-term effects of the 2014 oil price decline. "We think the BoC will remain on …
The recent recovery in oil prices, January's rate cut and a weaker exchange rate have given the BoC some breathing room to evaluate the longer-term effects of the 2014 oil price decline.
"We think the BoC will remain on the sidelines, and we welcome a weaker currency as a reflationary tool. We forecast the USDCAD to rise toward 1.31 by Q2 16, reflecting broad USD moves." estimates Barclays Capital
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
