Category Finance

Prior was 279.5K (revised to 279.8K) There is some measure of give-back here after a strong July number but I can confidently say that the pipeline in Canada is drying up as the investor class has abandoned Canadian real estate. This article was written by Adam Button at…

Prior -0.2%Retail sales $710.8 billion versus $709.7 billion priorRetail sales +0.1% versus -0.2% expectedPrior m/m sales +1.0% (revised to +1.1%)Retail sales YoY +2.1% versus +2.7% priorEx autos +0.1% versus +0.2% expectedPrior ex autos +0.4% priorControl group +0.3% versus +0.3% expectedEx autos and gas +0.2% versus +0.4% priorFull report…

Prior month 2.5%(it came in as expected)CPI MoM -0.2% vs 0.0% expected.Prior MoM +0.4% THe YoY of 2.0% is the lowest since March 2021. Core measures: CPI Bank of Canada core YoY 1.5% vs 1.7% last monthCPI Bank of Canada core MoM -0.1% versus +0.3% last monthCore CPI…

The US retail sales report wasn’t a game-changer for tomorrow’s FOMC decision but it offers some angst for those who are expecting a 50 basis point cut. Sales rose 0.1% compared to -0.2% expected in a sign that the consumer is just fine. The control group, which excludes…

Relative monetary policy drives currencies’ exchange rates. Therefore, the market pays close attention whenever a central bank holds a meeting and updates its monetary policy stance. This week, three major central banks—the U.S. Federal Reserve (Fed), the Bank of England (BoE), and the Bank of Japan (BoJ)—will announce…

Prior was -0.6% (revised to -0.9%)Capacity utilization 78.0% vs 77.9% expectedPrior utilization 77.8% (revised to 77.4%)Manufacturing output +0.9% vs +0.3% expectedPrior manufacturing output -0.3% (revised to -0.7%) The negative revisions take some of the shine off this report but it’s still a a good one. In July, Hurricane…

Kickstart the FX trading day for September 17 with a technical look at the EURUSD, USDJPY and GBPUSD. Included today is a bonus look at the USDCAD after Canada released lower-than-expected CPI data, and the US reported better-than-expected retail sales data. The EURUSD has moved down and away…

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