Author: Consultant

U.S. business activity contracted for seventh straight month in January, but outlook perks upU.S. business activity contracted for the seventh straight month in January, though the downturn moderated across both […]

Bank of Canada to raise rates by 25 basis points to peak of 4.5% on Jan. 25, poll suggestsThe Bank of Canada will hike its key interest rate by a […]

Economic Calendar: Jan 23 – Jan 27Monday January 23Euro zone consumer confidence(8:30 a.m. ET) Canada’s new housing price index for December. Estimate is a decline of 0.2 per cent from […]

Canada CPI Inflation Cools to 6.3% in December — 2nd UpdateOTTAWA–Inflation in Canada cooled slightly more sharply than anticipated in December but some price pressures remain sticky, doing little to […]

As China reopens and data surprises, economists are starting to get less gloomyBarclays on Friday raised its global growth forecast to 2.2% in 2023, up 0.5 percentage points from its […]

Goldman Sachs posts its worst earnings miss in a decade as revenue falls while expenses riseHere’s what the company reported: Earnings of $3.32 per share vs. $5.48 estimate of analysts […]

As China reopens and data surprises, economists are starting to get less gloomyBarclays on Friday raised its global growth forecast to 2.2% in 2023, up 0.5 percentage points from its […]

Economic Calendar: Jan 16 – Jan 20Monday January 16U.S. markets closed (Martin Luther King Jr. Day)Japan machine tool orders(8:30 a.m. ET) Canadian manufacturing sales and new orders for November. Analyst […]

JPMorgan tops estimates for fourth-quarter revenue, but says mild recession is now ‘central case’Here’s what the company reported: Earnings of $3.57 per share, which doesn’t compare with the $3.07 estimate, […]