Topic

CAD

A collection of 244 issues

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

CAD Manufacturing PMI, Feb 03, 2025

Canadian Manufacturing PMI Plunges to 51.6, Signaling Softening Economic Growth (February 3, 2025 Data) Headline: The Canadian manufacturing sector experienced a slowdown in February 2025, as revealed by the latest Purchasing Managers' Index (PMI) data released on February 3rd. The PMI registered 51.6, marking a significant drop from

CAD Overnight Rate, Jan 29, 2025

Bank of Canada Holds Overnight Rate Steady at 3.00% – What it Means for the CAD January 29, 2025: The Bank of Canada (BOC) announced today that it is holding its key policy interest rate, the overnight rate, steady at 3.00%. This decision aligns with the forecast of 3.

CAD BOC Monetary Policy Report, Jan 29, 2025

Bank of Canada (BOC) Sends Shockwaves: High-Impact Monetary Policy Report Released January 29, 2025 The Bank of Canada (BOC) dropped a bombshell on January 29, 2025, with the release of its latest Monetary Policy Report. The report, carrying a high-impact assessment, sent ripples through the financial markets, sparking significant debate

CAD BOC Rate Statement, Jan 29, 2025

Bank of Canada (BOC) Shockwaves: High-Impact Rate Statement Released January 29, 2025 Breaking News: On January 29th, 2025, the Bank of Canada (BOC) released its latest Rate Statement, sending shockwaves through the financial markets. The statement carried a significant high-impact designation, prompting immediate reactions across the Canadian and global economies.