U.S. headline inflation likely to have accelerated in July – TD Economics

Aug 04, 2017 22:30 pm UTC| Commentary

U.S. headline consumer price inflation is expected to have risen in July. According to a TD Economics research report, the CPI inflation is likely to have accelerated to 1.7 percent, with prices rising 0.1 percent...

Canadian housing starts likely to have decelerated in July

Aug 04, 2017 22:24 pm UTC| Commentary

Canadas housing starts are likely to have slowed in July. According to a TD Economics research report, the housing starts are expected to have decelerated to a pace of 205k, reversing some of the rebound from the prior...

U.S. trade deficit narrows in June

Aug 04, 2017 22:16 pm UTC| Commentary

The U.S. trade deficit for the month of June narrowed. The trade balance came in a deficit of USD 43.6 billion as compared with the consensus expectations of USD 44.5 billion. The improvement in trade balance was mainly...

Canada’s trade deficit widens in June, but net trade likely to contribute positively to Q2 growth

Aug 04, 2017 22:06 pm UTC| Commentary

Canadas trade deficit broadened in June. The trade balance came in a deficit of CAD 3.6 billion, widening from CAD 1.4 billion in April, as exports dropped 4.3 percent. In the meantime, imports rose 0.3 percent. The...

Canada’s employment gains modestly in July

Aug 04, 2017 21:38 pm UTC| Commentary

Canadas employment gained modestly in July. The country added 10.9k net jobs in the month. The jobless rate dropped to 6.3 percent from 6.5 percent, a level last seen in 2008, as fewer Canadians were engaged in the labor...

U.S. job growth remains strong, jobless rate falls to 4.3 pct in July

Aug 04, 2017 17:55 pm UTC| Commentary

U.S. recorded a strong jobs market report for the month of July. The U.S. economy registered a healthy 209k net new hobs adding an upwardly revised 231k gain in June. Revisions to the earlier two months of payrolls added...

Commodities snapshot (precious & industrial)

Aug 04, 2017 14:21 pm UTC| Commentary

The metal pack is down today. Performance this week at a glance in chart table - Gold: Gold is declining sharply after a failure to break key resistance line. Todays range $1270-1254 In the short-term price is...