A weaker U.S. currency and firmer oil prices helped pull the loonie away from its lowest level in nearly six years. Canada's economy got mixed news on the eve of a crucial employment report. Canadian companies ran at a f…
A weaker U.S. currency and firmer oil prices helped pull the loonie away from its lowest level in nearly six years.
Canada's economy got mixed news on the eve of a crucial employment report. Canadian companies ran at a faster pace of capacity of 83.6% in the fourth quarter, up from a downwardly revised 83.2% in Q3. New home prices unexpectedly fell 0.1% in Jan.
What should matter most for the loonie is Friday's local jobs report. Forecasts call for hiring to fall by 5,000 in February and unemployment to rise to 6.7% from 6.6%. The outcome will shed some light on the outlook for the Bank of Canada.
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…
