Here's what the carbon tax means for you

Apr 03, 2019 10:19 am UTC| Insights & Views Economy

The federal carbon tax is now in effect in Saskatchewan, Manitoba, Ontario and New Brunswick. The tax increases the cost of fossil fuels in order to reduce consumption, thus lowering Canadas carbon emissions. Many...

German bunds suffer after March services PMI, eurozone February retail sales beats market expectations

Apr 03, 2019 10:18 am UTC| Commentary Economy

The German bunds suffered during European session Wednesday after the countrys services PMI for the month of March came in higher than market expectations, coupled with eurozones retail sales data for February, which also...

UK gilts plunge despite contraction in March services PMI amid ongoing Brexit nervousness; construction PMI eyed

Apr 03, 2019 09:20 am UTC| Commentary Economy

The United Kingdoms gilts plunged during European trading session Wednesday even after the countrys March services activity contracted for the first time since July 2016, posting below the 50-point threshold mark amid...

Asia-Pacific region's export downswing likely to persist through 2019 even if short-term U.S.-China trade deal is agreed, says S&P Global Ratings

Apr 03, 2019 08:12 am UTC| Commentary Economy

The downswing in the Asia-Pacific regions export cycle is expected tp persist through 2019 even if a short-term U.S.-China trade deal is agreed, according to SP Global Ratings report published today, titled Asia-Pacific...

Australia’s trade balance improves to record surplus in February following rise in iron ore exports, offsetting decline in coal

Apr 03, 2019 07:02 am UTC| Commentary Economy

Australias trade balance improved in February to a record surplus, following Januarys strong surplus. Underlying this were broadly steady exports, with a rise in iron ore offsetting a decline in coal. A decline in...

JGB yields improve ahead of super-long 30-year auction, February household spending data

Apr 03, 2019 06:07 am UTC| Commentary Economy

The Japanese government bond yields improved at close on Wednesday ahead of the countrys super-long 30-year auction and household spending data for the month of February, both scheduled to be unveiled on April 4 by...

EM Asian currencies likely to benefit from global reflation policies and yield-chasing portfolio inflows, says Scotiabank

Apr 03, 2019 04:58 am UTC| Commentary Economy

The EM Asian currencies are expected to benefit from global reflation policies and yield-chasing portfolio inflows, while keeping a close watch on hovering uncertainties surrounding US-China trade talks, upcoming general...