Topic

CAD

A collection of 67 issues

CAD CPI m/m, Oct 15, 2024

Canadian CPI Surprises: Deeper Dive into October 15th's Data The Canadian Consumer Price Index (CPI) for September 2024, released on October 15th, came in at -0.4%, surprising market expectations of -0.2%. This unexpected dip in inflation has significant implications for the Canadian dollar (CAD) and the Bank of

CAD Wholesale Sales m/m, Oct 15, 2024

Canadian Wholesale Sales Unexpectedly Rise in October, Buoying the Loonie October 15, 2024 - The Canadian economy showed a surprising resilience in October, with Wholesale Sales edging up by -0.6% month-over-month, defying analysts' expectations of a -1.1% decline. This unexpected increase marks a turnaround from the 0.4%

CAD Housing Starts, Oct 15, 2024

Housing Starts in Canada: A Glimpse into the Economic Landscape The latest housing starts data released on October 15, 2024, by the Canada Mortgage and Housing Corporation (CMHC) offers a valuable insight into the health of the Canadian economy. While the actual figure came in at 235K, slightly exceeding the

CAD Bank Holiday, Oct 14, 2024

Thanksgiving Day in Canada: A Trader's Guide to Navigating Low Liquidity and Increased Volatility On October 14, 2024, Canadian banks will be closed in observance of Thanksgiving Day, a non-economic event with a notable impact on the Forex market. While this holiday offers a welcome break for many, it presents

CAD BOC Business Outlook Survey, Oct 11, 2024

BOC Business Outlook Survey: Latest Data Shows Cautious Optimism Amidst Economic Uncertainty (October 11, 2024) The Bank of Canada (BOC) released its latest Business Outlook Survey on October 11, 2024, offering a snapshot of the current health of the Canadian economy as perceived by businesses. This survey, a key indicator

CAD Building Permits m/m, Oct 11, 2024

Canadian Building Permits Unexpectedly Rise, Signaling Potential Strength in Construction Sector October 11, 2024 - Statistics Canada released its latest data on Building Permits m/m, revealing an unexpected rise in the total value of new building permits issued in Canada. The figure came in at -7.0%, a significant

CAD Employment Change, Oct 11, 2024

Canada's Job Market Surprises: A Strong October Brings Optimism, But Will It Last? October 11, 2024: The latest employment figures released by Statistics Canada reveal a significant jump in employment for Canada, raising optimism about the country's economic health. The data, released earlier today, showed an actual increase of 46.

CAD Unemployment Rate, Oct 11, 2024

Canada's Unemployment Rate Holds Steady: What Does It Mean for the Economy? October 11, 2024 - The latest data from Statistics Canada has revealed that Canada's unemployment rate remained stable at 6.5% in September 2024, aligning with market expectations. This follows a slight increase from the previous month's rate

CAD Building Permits m/m, Oct 09, 2024

Building Permits in Canada: A Dip in October Suggests Slowing Construction Activity Canadian building permits saw a significant decline in October 2024, falling by 7.1% month-over-month. This follows a robust 22.1% increase in September, indicating a potential shift in construction activity. While the impact of this decline is

CAD Trade Balance, Oct 08, 2024

Canada's Trade Balance: A Dip in October, but Still Poised for Growth The latest release from Statistics Canada paints a mixed picture for Canada's trade balance in October 2024. While the actual trade balance came in at -1.1B CAD, representing a significant decline from the previous month's 0.7B