canada unemployment rate

Canada’s monthly jobs report showed that the economy added a healthy gain of 31,800 jobs in the month of June. But this wasn’t enough to keep the unemployment rate steady. Canada’s unemployment rate jumped two percentage points to 6.0%. In May, the unemployment rate held steady at 5.8%. This was the first time that Canada’s unemployment rate ...

2018-07-09 John Benjamin Read more
FOMC minutes reveal a hawkish bias

The Federal Reserve Bank released its monetary policy minutes from the meeting that was held in March this year. The central bank had hiked interest rates by 25 basis points which was widely anticipated. At the meeting, central bank officials stuck to the baseline scenario of sticking with three rates hikes in 2018. Following the March rate h...

2018-04-24 John Benjamin Read more
US Treasury Report adds India to watch list

The semi-annual currency report was released by the U.S. Department of Treasury last week. The report, published under the Trump administration refrained from naming any of the trading partners as currency manipulators but maintained pressure on China. The report criticized China for its "non-market direction" and warned of the global risks. ...

2018-04-19 John Benjamin Read more
Trade Tensions

Less than 24 hours hours after the People’s Bank of China hinted it may change the components of its USD/CNY basket, global currency and bond markets were shaken by Bloomberg reports that it is considering scaling down its purchases of US treasury bonds. This was in light of surging trade tensions with US. Less than 12 hours later, Canadian offi...

2018-01-17 Ashraf Laidi Read more
China_USDCNH_0805

Earlier this morning and during the first trading session of this week, some economic figures were released from China, which had a significant impact on the markets, along with the impact of the French election outcomes. The Chinese figures today can be considered positive. However, the Chinese equities closed lower, losing nearly 1%. Trade...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Trump_Trade Tariff

Market Debating Effects of Trade Tariffs There has been a great deal of attention placed on the possibility of import tariffs being introduced by the Trump administration. Potential scenarios include a tariff on the importation of certain goods, a tariff on imports from certain countries combination of both, a broad tariff on all imports and f...

2017-02-07 James Harte Read more
New Zealand_AUDNZD

The first trading day of the week comes with few economic releases across the board, which may lead to a tight range until the next Asian session, which set to have some strong data from New Zealand, which likely to have a notable impact on the markets. In this article, we will take a look at these data, possible scenarios and how NZD pairs may ...

2016-11-21 Nour Eldeen Al-Hammoury Read more