Topic

CAD

A collection of 348 issues

CAD Housing Starts, Feb 17, 2025

Canada Housing Starts: February 2025 Data Signals Continued, albeit Moderate, Growth Headline: Canadian housing starts edged up to 240,000 in February 2025, according to the latest data released by the Canada Mortgage and Housing Corporation (CMHC) on February 17th, 2025. This slightly surpasses the previous month's figure of 231,

CAD Bank Holiday, Feb 17, 2025

Canadian Family Day Bank Holiday: Impact on Forex Markets (February 17, 2025 Update) Breaking News (February 17, 2025): A Bank Holiday, specifically Family Day, is observed in several Canadian provinces today. This non-economic event is impacting the Canadian Dollar (CAD) Forex market, as detailed below. The next scheduled release of

CAD Manufacturing Sales m/m, Feb 14, 2025

Canada's Manufacturing Sales Unexpectedly Dip: February 2025 Data Released February 14, 2025 saw the release of crucial economic data from Statistics Canada: Canada's Manufacturing Sales (m/m) for January 2025. The headline figure revealed a significant miss from forecasts, with actual sales showing a contraction of 0.3% compared to

CAD Wholesale Sales m/m, Feb 14, 2025

Canada Wholesale Sales Plunge Deepens: February 14th, 2025 Data Reveals -0.2% Contraction Headline: Canada's wholesale sales figures for January, released on February 14th, 2025, showed a concerning -0.2% month-over-month (m/m) decline. This mirrors the previous month's performance and contrasts sharply with the anticipated 0.2% growth. While

CAD BOC Summary of Deliberations, Feb 13, 2025

Decoding the Bank of Canada's (BOC) February 13th, 2025 Summary of Deliberations: Implications for the CAD Headline: The Bank of Canada (BOC) released its Summary of Deliberations on February 13th, 2025, signaling a low-impact forecast for the Canadian economy. This follows the announcement of the Overnight Rate and provides crucial

CAD Building Permits m/m, Feb 11, 2025

Canadian Building Permits Surge: A 11.0% Jump Signals Positive Economic Outlook Headline: Canadian building permits experienced a significant month-over-month (m/m) increase of 11.0% in February 2025, according to data released by Statistics Canada on February 11th. This surpasses the forecast of 1.6% and signals a potential

CAD Employment Change, Feb 07, 2025

Canadian Employment Plunges: February 2025 Data Sends Shockwaves Through Markets Breaking News: Statistics Canada released its latest employment change figures on February 7th, 2025, revealing a significant drop in employment. The actual change in employment for January 2025 came in at a shocking 76,000 jobs lost, a far cry

CAD Unemployment Rate, Feb 07, 2025

Canada's Unemployment Rate Unexpectedly Dips to 6.6% on February 7, 2025: Implications for the Canadian Dollar Headline: Canada's unemployment rate surprised economists on February 7th, 2025, falling to 6.6% – a slight improvement from the January figure of 6.7% and defying forecasts of a 6.8% rate. This

CAD Ivey PMI, Feb 06, 2025

Ivey PMI Plunges to 47.1, Signaling Canadian Economic Contraction (Feb 06, 2025) Headline: The latest Ivey Purchasing Managers' Index (PMI) data released on February 6th, 2025, revealed a significant drop to 47.1, indicating a contraction in the Canadian economy. This represents a substantial decline from the previous month's

CAD Trade Balance, Feb 05, 2025

Canada's Trade Balance Shows Slight Improvement: February 2025 Data Analysis Headline: Canada's February 2025 trade balance reveals a surplus of CAD 0.7 billion, exceeding the forecast but falling short of expectations given previous trends. This signals a modest improvement in the country's trade position, though the long-term outlook remains