Quotes from Western Union:- The loonie swung from gains to losses against the greenback after U.S. hiring proved much stronger than expected while Canada posted its fourth trade gap in the last five months. And the lates…
- The loonie swung from gains to losses against the greenback after U.S. hiring proved much stronger than expected while Canada posted its fourth trade gap in the last five months. And the latest trade gap was a big one: -C$2.45 billion in January, more than double forecasts of a C$1 billion deficit.
- The slide in oil was the main factor behind Canada's big deterioration in its trade position. The failure so far for exports to help spur a healthier recovery suggests that a rate cut may still be on the table 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…
