Canada’s existing home sales fall in April, housing activity and sentiment to be weighed on
May 15, 2018 20:11 pm UTC| Commentary
Canadian existing home sales dropped in April for the fourth consecutive month. Sales dropped 2.9 percent. Around 60 percent of all local housing markets recorded lower sales than in the earlier month, with notable falls...
U.S. business inventories remains flat in March, likely to add to GDP growth in Q2
May 15, 2018 19:06 pm UTC| Commentary
U.S. business inventories remained the same in March after recording a decent rise in sales. Total sales rose 0.5 percent, led by a 0.7 percent grown at retailers. Manufacturers and wholesalers saw inventory grown...
U.S. retail sales rise in April, consumer spending likely to rebound in Q2
May 15, 2018 18:01 pm UTC| Commentary
U.S. retail sales rose in April, coming in line with expectations. The advance Census Bureau report showed that retail sales rose 0.3 percent in the month. The healthy gain came after a blowout upward revision to the March...

Commodities snapshot (precious & industrial)
May 15, 2018 16:19 pm UTC| Commentary
The metal pack is down today. The performance this week at a glance in chart table - Gold: Gold declining as risk aversion eased and dollar recovers. Todays range $1318-1326 Gold is currently trading at...
U.K. employment growth accelerates in March, wage growth likely to continue accelerating
May 15, 2018 16:16 pm UTC| Commentary
U.K.s labor market report released today gave some welcome news on the economy. In the three months to March, the economy added 197,000 jobs, accelerating from the 88,000 pace seen in the fourth quarter. Such a rebound...

May 15, 2018 16:11 pm UTC| Commentary
Energy pack is mixed in todays trading. Weekly performance at a glance in chart table, Oil (WTI) Oil price remains elevated as President Trump moves the U.S. out of the Iran deal. However, struggling as the...

Currency snapshot (commodity pairs)
May 15, 2018 16:06 pm UTC| Commentary
Dollar index trading at 93.15 (+0.52%) Strength meter (today so far) Aussie -0.62%, Kiwi -0.57%, Loonie -0.57% Strength meter (since last week) Aussie -0.76%, Kiwi -1.19%, Loonie -0.68% AUD/USD Trading at...