Topic

CAD

A collection of 472 issues

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,

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

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

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

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 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

CAD GDP m/m, Oct 31, 2024

Canada's GDP Remains Flat in October, Signaling Potential Economic Slowdown October 31, 2024 - Statistics Canada released its latest GDP data today, revealing a concerning trend: Canada's economy stagnated in October, registering a 0.0% month-over-month growth. This marks a sharp downturn from the previous month&

CAD BOC Gov Macklem Speaks, Oct 29, 2024

BOC Governor Macklem Speaks: Implications for the Canadian Dollar October 29, 2024 - The Bank of Canada (BOC) Governor Tiff Macklem is scheduled to participate in a fireside chat about the state of the Canadian economy at The Logic Summit in Toronto. This event is likely to draw significant attention

CAD Core Retail Sales m/m, Oct 25, 2024

Canadian Retail Sales Falter in October: Core Sales Decline Despite Forecast of Growth October 25, 2024 - The latest data released by Statistics Canada paints a less-than-optimistic picture of Canadian consumer spending in October. Core Retail Sales, a measure of retail sales excluding volatile auto sales, fell by 0.7%

CAD NHPI m/m, Oct 25, 2024

Canadian Housing Market Stalls: NHPI Remains Flat in October October 25, 2024 - The latest data released by Statistics Canada reveals that Canada's New Housing Price Index (NHPI) remained stagnant in October, registering a month-over-month (m/m) change of 0.0%. This marks a continuation of the trend