Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for U.S. President Joe Biden’s re-election campaign, […]
Author: Consultant
U.S. lumber industry takes aim at Canada’s forestry research centre, alleging unfair subsidies
A Canadian forestry research centre that has led efforts to expand the use of mass timber in British Columbia and Quebec is being accused by the U.S. lumber industry of […]
Calendar: Mar 11 – Mar 15
Monday March 11China CPI, PPI, aggregate yuan financing and new yuan loansJapan GDP and machine tool ordersU.S. president Joe Biden releases fiscal 2025 budget proposals.Earnings include: Altius Minerals Corp.; Ballard […]
U.S. job growth accelerated in February; unemployment rate rises to 3.9%
U.S. job growth accelerated in February, but a rise in the unemployment rate and moderation in wage gains kept on the table an anticipated interest rate cut in June from […]
Canada’s economy added more jobs than expected in February; unemployment rate ticks up to 5.8%
Canada’s economy added a net 40,700 jobs in February, double the expected gain, data showed on Friday, and wage growth slowed for a second consecutive month as the central bank […]
Bank of Canada holds interest rate steady, offers few hints about timing of cuts
The Bank of Canada held its benchmark interest rate steady for the fifth consecutive time, in a tight-lipped decision that offered few hints about the timing of future rate cuts.The widely anticipated […]
Oil prices fall as market shrugs off China growth pledge, OPEC+ production cuts
PUBLISHED TUE, MAR 5 20248:22 AM ESTCrude oil futures fell for a second consecutive day Tuesday as China’s pledge to boost economic growth and OPEC+ production cuts failed to lift […]
Gold rises above $2,100 to highest level ever as traders bet on interest rate cuts
Gold futures for April settled at $2,126.30 per ounce, the highest level dating back to the contract’s creation in 1974. When adjusted for inflation, gold set an all-time high of […]