China’s Finance Ministry denounced a report by Fitch Ratings that kept its sovereign debt rated at A+ but downgraded its outlook to negative, saying Wednesday that China’s deficit is at […]
Author: Consultant
Bank of Canada seen keeping rates on hold
The Bank of Canada (BoC) is expected to hold its key overnight rate steady on Wednesday, with economists and analysts hoping to get some direction on the timing of its […]
Calendar: April 8 – April 12
Monday April 8China foreign reserves, aggregate yuan financing and new yuan loansJapan real cash earningsGermany industrial production and trade surplus—Tuesday April 9Japan machine tool orders(6 a.m. ET) U.S. NFIB Small […]
Canadian Tire says no to executive bonuses, but yes to a big dividend
You have to give Canadian Tire Corp. Ltd. CTC-T -5.91%decrease some credit when the retailer’s board this week decided to award no cash bonuses to its top executives for 2023. As a statement, this one […]
Canada’s unemployment rate jumps to 6.1% as job creation stalls
Canada’s labour market stumbled in March as the unemployment rate jumped above 6 per cent for the first time in more than two years, the latest sign of a weakening […]
Statistics Canada says trade surplus up in February as gold exports hit record high
Canada’s merchandise trade surplus increased to $1.4 billion in February as exports of gold hit an all-time high, Statistics Canada said Thursday.The agency said the result compared with a revised […]
U.S. Weekly Jobless Claims Rise More Than Expected
Published: 4/4/2024 8:36 AM ET | A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. […]
Gold Dips From Record High
Published: 4/4/2024 5:57 AM ET | Gold prices dipped slightly on Thursday, after having surpassed $2300 for the first time ever on the back of a weaker dollar and falling Treasury yields.Spot gold […]
Canada records bigger than expected trade surplus in February
Canada recorded a bigger than expected trade surplus of $1.39-billion in February as a record level of unwrought gold helped export growth outpace the monthly rise in imports, data showed […]