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CanadaEmployment rose 7K in July according to the Labour Force Survey, close to the 5K expected by consensus. The jobless rate, however, remain unchanged at 6.8% as the participation rate fell one...
U.S. Key Rate: Ready for Liftoff in SeptemberDennis Lockhart, President and CEO of the Federal Reserve Bank of Atlanta, was bang on last week with his positive comments regarding the U.S. economy, as...
Following a steep drop in July, the Canadian dollar was relatively stable last week. In spite of it all, the loonie continues to oscillate at levels not seen in over five years. Regarding Canadian...
Mark Carney had promised that the Bank of England would be more transparent regarding its intentions and would reveal the votes and projections of its members. As such, we learned this morning that...
An unusual comment from Federal Reserve Bank of Atlanta President Dennis Lockhart has sent the greenback climbing again. Mr. Lockhart, who is usually more neutral in his public statements, confirmed...
USDCAD pairing catches his breathCrude oil has nudged upward this morning after losing close to 7% of its value in two days. The difficulties experienced by Chinese officials in reining in the...
At the beginning of last week, Chinese stocks lost over 8.5% of their value in one day, the largest daily drop since 2007. This affected global stock markets, which were down for the day. The Chinese...
Last week we saw another correction in energy prices as quoted in U.S. dollars. Prices for WTI and Brentcrude, as well as diesel, dropped -2%, -5% and -3%, respectively. • Last week Exxon...
Yesterday, Prime Minister Stephen Harper launched what will be the longest federal election campaign since 1872 and consequently, the most expensive. This is a bold move, given that the Canadian...
The statement released by the U.S. Federal Reserve yesterday following two days of FOMC meetings resulted in a key rate that was unchanged and an appreciation that the institution is positive about...
Markets seem to have taken a break in the past few hours, waiting for the release of the Federal Open Market Committee’s key rate decision. After two days of meetings and discussions, Fed...
The price of U.S. crude slipped below $47 during the night, its lowest level since the start of April. Rising production levels from the Middle East, specifically record production levels from Iraq,...
Energy prices in U.S. dollars performed poorly again last week. WTI crude fell below $50/barrel, shedding another 5% value on the week.The Baker Hughes (NYSE:BHI) indicator of the number of U.S....
Stocks Markets are Seeing RedChinese stocks, which ended the session today down by 8.5%, are pulling other world stock markets down with them. In North America, futures for both the S&P 500 and...
Another step forward for GreeceAll it took was confirmation that U.S. Existing Home Sales reached an eight-year high in June and that crude oil inventories were higher than expected to send the...
Markets repositioningThe lack of economic indicators of note in North America has brought a certain measure of calm to the rush toward the greenback, causing it to dip slightly against most other...
Commodities on the DeclineIf nothing else, we can at least say that caution remains the watchword with regard to the euro, as both the announcement that banks in Greece were reopening and that the...