Western Union:Friday was off to a happy start for CAD buyers as the loonie hit one-month lows. The loonie was injured by news today of a bigger than expected fall in area inflation. Inflation fell further behind the Bank…
Friday was off to a happy start for CAD buyers as the loonie hit one-month lows. The loonie was injured by news today of a bigger than expected fall in area inflation.
Inflation fell further behind the Bank of Canada's goal of 2 percent, slipping to 0.8 percent annually in April. The core number unexpectedly fell by a notch to 2.3 percent. Retail sales rose 0.7 percent in March but that was less than half the prior month's surge of 1.5 percent.
Cooler inflation will increase the risk of the Bank of Canada coming across more cautiously when it renders a policy decision on May 27.
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…
