Quotes from Western Union:- The loonie stuck near its best levels in more than a week after a smaller than expected decline in local inflation was seen reducing the need for another Bank of Canada rate cut anytime soon. …
- The loonie stuck near its best levels in more than a week after a smaller than expected decline in local inflation was seen reducing the need for another Bank of Canada rate cut anytime soon.
- Consumer prices slowed to a 1 percent annual gain in January from 1.5 percent in December. Prices in the latest period were forecast to slow inside of 1 percent.
- The loonie isn't out of the woods though with domestic growth data due March 3, the eve of the next BOC meeting. Disappointing growth would make the BOC's rate decision a closer call and risk renewed weakness for the loonie.
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…
