Bank of Canada warns high household debt and elevated home prices pose top risks to economyThe Bank of Canada has warned that household vulnerabilities have worsened over the past year […]
Author: Consultant
European Central Bank confirms July rate hike plans, raises inflation projections significantly
European Central Bank confirms July rate hike plans, raises inflation projections significantlyAnnual consumer price inflation across the 19-member euro area hit a fresh record high of 8.1% in May.Following its […]
Oil prices face big volatility as spare capacity dries up
Oil prices face big volatility as spare capacity dries upAfter more than a year of pressure from the United States and other top oil consuming countries, OPEC+ finally agreed to […]
Conservatives, NDP push Liberal government to take more action against inflation
Conservatives, NDP push Liberal government to take more action against inflationFederal opposition parties are pressing the government to do more to curb inflation before Parliament rises for the summer, although there is […]
Before the Bell: June 6
Before the Bell: June 6EquitiesWall Street futures were higher early Monday after modest losses last week. European markets gained in morning trading. TSX futures were also up alongside positive global […]
Asia-Pacific stocks decline; private survey on Chinese services activity for May ahead
Asia-Pacific stocks decline; private survey on Chinese services activity for May aheadAsia-Pacific stocks declined in Monday morning trade.China’s Caixin Services Purchasing Managers’ Index is set to be out at 9:45 […]
Economic Calendar: June 6
Economic Calendar: June 6 Monday June 6China PMI and foreign reserves==Tuesday June 7Japan household spendingGermany factory orders(8:30 a.m. ET) Canada’s merchandise trade balance for April.(8:30 a.m. ET) U.S. goods and […]
Norway oil and gas workers threaten strike, some crude output at risk
Norway oil and gas workers threaten strike, some crude output at riskAt least 647 Norwegian oil workers plan to strike from June 12 if state-brokered wage mediation fails, labour unions […]
US economy sees solid job growth in May as payrolls jump by 390,000
US economy sees solid job growth in May as payrolls jump by 390,000The U.S. economy continued to see healthy job growth in May, indicating the labor market is still strong despite growing […]