BoC

The markets open to a busy trading week which marks the first week of September and the final month for the third quarter. Investors will be closely scrutinizing the economic data which is dominated by many economic releases from the United…
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The Bank of Canada was seen hiking interest rates at its monetary policy meeting on Wednesday in what was a close call. However, economists were expecting the BoC to hike rates. The BoC signaled that there was room for more rate hikes and…
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The economic calendar for the week ahead is relatively quiet following a busy start to the month last week. Among the central bank meetings, the Bank of Canada's monetary policy meeting stands out. Heading into the BoC meeting, the…
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The month of June stood out with two major central banks taking monetary policy decisions. The U.S. Federal Reserve hiked interest rates by 25 basis points while the European Central Bank announced a modest taper to 15 billion euro starting…
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While until recently, economists were hawkish on the Bank of Canada and preparing for a rate hike as early as July, the prospects of a rate hike are starting to diminish if recent data is anything to go by. Last week, data from Canada…
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The Bank of Canada held its monetary policy meeting last week. Interest rates were left unchanged at 1.25% as widely expected. But, the central bank surprised by signaling that the next rate hike could be coming soon despite uncertainties…
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On Friday last week, the Canadian May Retail Sales and Inflation economic data was released. The mixed results saw the markets clearly divided on the next monetary policy move from the Bank of Canada. Data from Statistics Canada showed…
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As the April Canada unemployment rate remains steady, the Canadian economy was seen losing jobs in the month of April, with declines seen by a drop in the part-time workers. The weaker than expected data raised expectations that the Bank of…
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The Bank of Canada held its monetary policy meeting last Wednesday. As widely expected, the central bank of Canada holds interest rates steady at 1.25%. The central bank cited uncertainty related to trade factors as one of the reasons for…
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The Bank of Canada rate hike kicked off the New Year with an interest rate lift of 25 basis points. The rate hike by the Bank of Canada was widely expected by economists and the markets priced in the event too. The hawkish estimates came…
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