Topic

CAD

A collection of 66 issues

CAD Building Permits m/m, Nov 12, 2024

Canadian Building Permits Rise Unexpectedly in November, Fueling Hopes for Construction Sector Building Permits m/m surged to 11.5% in November 2024, exceeding forecasts of a 2.9% increase and marking a significant turnaround from the -7.0% decline observed in October. This unexpected jump in building permits, released

CAD Bank Holiday, Nov 11, 2024

Remembrance Day Impact on Canadian Dollar: Low Liquidity and Volatility Ahead Data Released on November 11, 2024: Country: CAD (Canadian Dollar) Date: November 11, 2024 Forecast: Bank Holiday (Remembrance Day) Impact: Non-Economic Previous: N/A Details: Remembrance Day, a Canadian national holiday observed on November 11th, signifies a day of

CAD Unemployment Rate, Nov 08, 2024

Canada's Unemployment Rate Holds Steady at 6.5% in November 2024: What Does This Mean for the CAD? On November 8th, 2024, Statistics Canada released its latest data on the Canadian unemployment rate, revealing a steady 6.5% figure. This aligns with the previous month's reading and sits slightly below

CAD Employment Change, Nov 08, 2024

Canadian Employment Data Sends Shockwaves Through Markets: November 8th Release The latest employment data released by Statistics Canada on November 8th, 2024, has sent shockwaves through the Canadian markets, highlighting the volatility and importance of this key economic indicator. The release revealed a significant drop in employment, with the actual

CAD Trade Balance, Nov 07, 2024

Canada's Trade Balance: A Glimpse into Economic Health The latest data released by Statistics Canada on November 7, 2024, reveals a trade deficit of -1.3 billion Canadian dollars (CAD). While this figure is a slight improvement from the previous month's -1.1 billion CAD deficit, it falls short of

CAD BOC Summary of Deliberations, Nov 07, 2024

Decoding the BOC Summary of Deliberations: What Traders Need to Know (November 7, 2024) The Bank of Canada (BOC) released its latest Summary of Deliberations on November 7, 2024. This report, also known as the BOC Minutes, offers a granular view into the thought processes behind the BOC's Governing Council's

CAD Gov Council Member Rogers Speaks, Nov 07, 2024

Bank of Canada's Rogers Speech: A Potential Catalyst for CAD Movement? Latest Data Release: On November 7, 2024, the Bank of Canada (BOC) released a notice regarding a speech by Senior Deputy Governor Carolyn Rogers, a member of the BOC Governing Council. The speech is scheduled to be delivered at

CAD Ivey PMI, Nov 06, 2024

Ivey PMI Dips in November, Signaling Potential Economic Slowdown in Canada The Ivey Purchasing Managers' Index (PMI) for November 2024 came in at 52.0, dipping slightly from the previous month's reading of 53.1 and falling short of the forecasted 54.2. This unexpected decline suggests a potential slowdown

CAD Trade Balance, Nov 05, 2024

Canada's Trade Balance: Exports Remain Weak Despite Narrowing Deficit On November 5th, 2024, Statistics Canada released its latest data on Canada's Trade Balance, revealing a deficit of -1.3 billion Canadian dollars (CAD). This figure, while lower than the previous month's -1.1 billion CAD, still fell short of the

CAD Manufacturing PMI, Nov 01, 2024

Canadian Manufacturing PMI Holds Steady, Suggesting Continued Economic Resilience The Canadian Manufacturing Purchasing Managers' Index (PMI) held steady in November 2024, recording a reading of 51.1, according to S&P Global. This figure remained unchanged from the previous month's reading of 50.4. While the data suggests continued