Topic

CAD

A collection of 67 issues

CAD Overnight Rate, Oct 23, 2024

Bank of Canada Holds Overnight Rate Steady at 3.75%, Signaling Cautious Approach The Bank of Canada (BOC) held the overnight rate steady at 3.75% on October 23, 2024, aligning with market expectations. This decision comes after the rate was previously reduced from 4.25% in the last announcement.

CAD BOC Rate Statement, Oct 23, 2024

Navigating the Canadian Economy: Understanding the BOC Rate Statement The Bank of Canada (BOC) is the central bank of Canada, responsible for managing monetary policy and ensuring price stability. One of its most important tools for communicating with investors is the BOC Rate Statement, also known as the Interest Rate

CAD Overnight Rate, Oct 23, 2024

Canada's Overnight Rate Holds Steady: Implications for the Canadian Dollar October 23, 2024 - The Bank of Canada (BOC) announced today that it is maintaining the Overnight Rate at 3.75%. This decision aligns with the Bank's previous forecast, signifying a pause in its recent rate tightening cycle. While the

CAD BOC Monetary Policy Report, Oct 23, 2024

The BOC Monetary Policy Report: What to Expect from the Latest Release The Bank of Canada (BOC) is set to release its latest Monetary Policy Report on October 23, 2024. This quarterly report, a crucial document for traders and economists alike, provides detailed insights into the BOC's assessment of the

CAD RMPI m/m, Oct 22, 2024

Canadian Raw Materials Prices Remain Contracted, Signaling Potential Inflation Relief On October 22, 2024, Statistics Canada released the latest data for the Raw Materials Price Index (RMPI), a key indicator of inflationary pressures in the Canadian economy. The report revealed a month-over-month (m/m) decline of -3.1% in September,

CAD NHPI m/m, Oct 22, 2024

Canada's Housing Market Shows Signs of Life: New Housing Price Index (NHPI) Rises in October The Canadian housing market continues to show signs of resilience, with the latest New Housing Price Index (NHPI) data released by Statistics Canada on October 22, 2024, indicating a 0.2% month-over-month (m/m) increase.

CAD Core Retail Sales m/m, Oct 22, 2024

Canadian Core Retail Sales Remain Steady: A Sign of Resilience in the Face of Economic Uncertainty October 22, 2024 - Statistics Canada released its latest figures for Canadian Core Retail Sales, revealing a 0.3% month-over-month increase in September. This modest growth, while slightly below the 0.4% recorded in

CAD IPPI m/m, Oct 22, 2024

Canadian Industrial Product Prices Drop Slightly, Signaling Continued Moderation October 22, 2024: The latest data released by Statistics Canada shows that the Industrial Product Price Index (IPPI) in Canada declined by 0.6% month-over-month (m/m) in September 2024, exceeding the forecast of -0.4%. This follows a decrease of

CAD Retail Sales m/m, Oct 22, 2024

Canadian Retail Sales Slow Down: A Sign of Cooling Consumer Spending? October 22, 2024 – Statistics Canada released its latest data on Canadian retail sales, revealing a slowdown in consumer spending. The month-over-month (m/m) change in retail sales came in at 0.5% for October 2024, significantly lower than the

CAD Common CPI y/y, Oct 17, 2024

Canadian CPI Remains Steady: Inflation Holds at 2.1% October 17, 2024 - Statistics Canada released its latest Consumer Price Index (CPI) data today, showing that inflation remained steady at 2.1% year-over-year (y/y). This figure aligns with analysts' forecasts and follows a previous reading of 2.0% in