CAD Retail Sales Bucking Growth Trend?
Countering previous notions of “above trend” growth, Canadian retail sales figures were released to the downside during the session. Disappointing expectations of a 0.1% advance, retail sales figures...
View ArticleUS Equities, USD Sagging
US Equity markets looked to post solid losses on Friday as the USD gave ground to a stronger yen and a stronger euro. Trading is typically light in August and Friday was no exception but an emerging...
View ArticleStrong Jobs, ECB Easing Shakes Markets
Global equity and currency markets reverberated from easing by the European Central Bank and strong October jobs numbers from the US Department of Labor. European equity markets initially surged in...
View ArticleFriday Forex Swings
Buoyed by unexpectedly strong business sentiment from Germany, the euro reached a four-year high against the yen and gained ground on the USD. The news from Germany boosted the euro but did little for...
View ArticleDollar Advances On Strong Data
Strong data from the US manufacturing and housing sectors lifted the dollar against major currencies with the exception of British sterling. Meanwhile, the Canadian dollar continued its rocky road...
View ArticleCanadian Dollar Outlook Negative
The Canadian dollar has come under pressure in recent months as the Bank of Canada continues to face an uneasy housing market with a neutral policy and low interest rates. At the close on Friday,...
View ArticleMarkets Non-Plussed By Sour Employment Report
A sour US Labor Department non-farm payroll for December vibrated through global equity markets and gave the dollar reason to pause but the longer-term implications appeared tempered. Analysts had...
View ArticleBank Of Canada Keeps Loonie Low
The Bank of Canada’s policy statement sank the Canadian dollar to 4.5 year lows as the central bank supported the policy by emphasizing lower values would help to boost Canada’s weakening export trade....
View ArticleFlight To Safety
Investors continued to sell positions in emerging economies and sent global equities on a downward spiral as they turned to traditional safe havens in overnight trading. US equities were poised to...
View ArticleEuro And Emerging Markets Plummeting
Renewed inflation concerns and undeniable unemployment pressure pushed the euro below the $1.35 USD mark and to a two-month low against the yen. Consumer price inflation fell back to 0.7 percent, a...
View Article
