Canada Economy

New Zealand PM Jacinda Ardern has received near-universal praise for how her government has handled the COVID outbreak. Now we're expecting to get some comparable figures to see the real impact on the economy. Both the RBNZ and BOC…
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After a few months of crisis mode, central banks are returning their focus to fundamentals for policy decisions. We ought to expect data like inflation to have a larger impact on the markets as governments hold off on new measures to…
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Last Week’s Highlights China Exports Rise More than Expected in June The latest export data from China showed an unexpected increase in June according to the official data. Exports rose at a pace of 0.5% on a year over year basis. This…
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Last Week’s Highlights China’s Consumer Prices Rise at a Steady Pace The latest data from China showed a steady increase in consumer prices to 2.5% on the year in June. This was up from 2.4% in the previous month. On a month over month…
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Of late, the CAD hasn't benefited as much when the market has taken on an appetite for risk. Other commodity currencies have outperformed it, but this might not be so much Canada's "fault". The spread of coronavirus is theorized to be…
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As we are coming to the conclusion of the second quarter, we are about to hit a deluge of key economic data. This data will likely determine whether we keep trending in a V shape, or turn down into the second wave of the W. The increased…
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The key to tracking the economic recovery post-COVID is the return to consumer demand. And we can measure this with retail sales. One of the concerns about a potential "second dip" in the markets is if demand doesn't return fast enough…
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The BOC meeting tomorrow is going to be special. Not because we're forecasting a major change in policy, but because it's the first to be presided over by the new Governor Tiff Macklem. Analysts are going to be keen to interpret his new…
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Last Week’s Highlights Fed minutes underscore uncertainty in the economy The Federal Reserve released the meeting minutes from its policy meeting held on April 29th. According to the minutes, the policymakers were uncertain about the…
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Retail sales figures are key for tracking people returning to shopping following COVID-19. With most of the world moving towards reopening, we would expect retail sales to increase substantially if we are to have a U-shaped recovery.…
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