The Spring 2015 edition of the Business Outlook Survey (BOS) is out today and it is seen as critical in shaping the BoC's opinion on further cuts.In the Winter survey, the fall in oil put downward pressure on the hiring …
The Spring 2015 edition of the Business Outlook Survey (BOS) is out today and it is seen as critical in shaping the BoC's opinion on further cuts.
In the Winter survey, the fall in oil put downward pressure on the hiring plans and machinery & equipment (M&E) investment intentions measures, with the accompanying comments noting a material divergence in sentiment between firms tied to the oil and gas sector (more negative) and those more exposed to a firming US outlook (more positive).
"Oil prices have fallen further since the Jan survey and we expect further signs of weakness", says RBC Capital Markets
The key will be to what degree non-energy investment is prepared to pick up the slack. There is a 20% chance of a cut priced in for next week's FAD but a surprising survey could tip that either way.
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…
