Topic

CAD

A collection of 244 issues

CAD Overnight Rate, Dec 11, 2024

Bank of Canada Holds Overnight Rate Steady at 3.25% – What it Means for the CAD Headline: On December 11th, 2024, the Bank of Canada (BOC) announced its decision to maintain the overnight rate at 3.25%. This closely matched the market forecast of 3.25%, a significant shift from

CAD Building Permits m/m, Dec 10, 2024

Canadian Building Permits Show Unexpected Resilience: December 2024 Data Analysis Headline: Canadian building permits surprised markets on December 10th, 2024, with the latest data revealing a [insert actual percentage here]% month-over-month change. This unexpected resilience, despite forecasts predicting a contraction, has sparked renewed interest in the Canadian dollar (CAD). Introduction:

CAD Ivey PMI, Dec 06, 2024

Ivey PMI Plunges: December 2024 Data Reveals Unexpected Slowdown in Canadian Economy Breaking News: The Ivey Purchasing Managers' Index (PMI) for Canada (CAD) registered a significant drop, reaching 52.3 on December 6th, 2024. This figure falls short of the anticipated 53.1 forecast and represents a moderate deceleration from

CAD Employment Change, Dec 06, 2024

Canadian Employment Shocks Markets with 50.5K Job Surge: December 6th, 2024 Data Analysis Breaking News: Statistics Canada released its employment change figures for November 2024 on December 6th, 2024, revealing a staggering 50.5K increase in the number of employed individuals. This significantly surpasses the forecasted 24.7K jobs

CAD Unemployment Rate, Dec 06, 2024

Canada's Unemployment Rate Jumps to 6.8% - What Does This Mean for the Canadian Dollar? Headline: Canada's unemployment rate surged unexpectedly to 6.8% on December 6th, 2024, exceeding the forecast of 6.6% and the previous month's figure of 6.5%. This significant jump has sent ripples through

CAD Ivey PMI, Dec 05, 2024

Ivey PMI Surges to 53.1 in December 2024: A Positive Sign for the Canadian Economy? Headline: The Ivey Purchasing Managers' Index (PMI) for December 2024, released on December 5th, 2024, jumped to 53.1, exceeding forecasts of 52.0 and signaling a strengthening Canadian economy. This marks a significant

CAD Ivey PMI, Dec 05, 2024

Ivey PMI Jumps to 53.1 in December 2024, Signaling Canadian Economic Strength Breaking News: The Richard Ivey School of Business released its latest Purchasing Managers' Index (PMI) data on December 5th, 2024, revealing a significant jump to 53.1. This surpasses the forecast of 53.0 and the previous

CAD Trade Balance, Dec 05, 2024

Canada's Trade Balance: December 5th, 2024 Data Reveals a Slight Improvement Breaking News: Statistics Canada released its latest data on Canada's trade balance on December 5th, 2024, reporting a deficit of -0.9 billion CAD. This figure surpasses the forecasted deficit of -1.0 billion CAD, signaling a modestly positive

CAD Labor Productivity q/q, Dec 04, 2024

Canadian Labor Productivity Plunges: -0.4% Q/Q Drop Sends Shockwaves Through Markets (Dec 04, 2024 Update) Headline: Canadian labor productivity experienced a sharper-than-expected decline in the latest quarter, falling by -0.4% on a quarterly basis (q/q). This figure, released by Statistics Canada on December 4th, 2024, significantly

CAD Manufacturing PMI, Dec 02, 2024

Canada's Manufacturing PMI Unexpectedly Rises to 52.0 in December 2024: Implications for the CAD Headline: Canada's Manufacturing Purchasing Managers' Index (PMI) defied forecasts, surging to 52.0 in December 2024, signaling a strengthening manufacturing sector. This surpasses both the predicted 50.8 and the previous month's reading of 51.