Canadian trade deficit likely to have widened on rise in imports in August
Canadian international trade data for the month of August is set to release tomorrow. According to a TD Economics research report, trade deficit is likely to have widened to CAD 1.5 billion in August, owing to higher imp…
Canadian international trade data for the month of August is set to release tomorrow. According to a TD Economics research report, trade deficit is likely to have widened to CAD 1.5 billion in August, owing to higher imports that have yet to fully recover from a 4 percent fall in June.
“Non-energy exports will provide a partial offset on higher auto production alongside higher forestry exports, which will benefit from a recent pickup in US homebuilding activity. Meanwhile, lower crude oil prices will weigh on nominal export activity”, added TD Economics.
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…
