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Canada’s trade deficit narrows in May, exports to U.S. decrease for fourth straight month
Canada’s trade deficit with the world narrowed in May from a record high the previous month, as tariffs continued to weigh on exports to the United States.Statistics Canada reported on […] This post is only…
U.S. payrolls increased by 147,000 in June, more than expected
Nonfarm payrolls increased a seasonally adjusted 147,000 for the month, higher than the estimate for 110,000 and just above the upwardly revised 144,000 in May. Market pricing shifted strongly following […] This post is only…
What is Canada’s digital services tax and why is it infuriating Trump?
U.S. President Donald Trump abruptly cut off all trade negotiations with Canada on Friday, citing Ottawa’s Digital Services Tax (DST) for the decision. The tax, enacted last June, targets U.S. technology companies that operate in Canada […] This post is only…
Canada responds after Trump halts trade talks over digital services tax
OTTAWA – Canada will proceed with a digital services tax (DST) on technology companies, which President Donald Trump called “a direct and blatant attack on our country” in a Truth Social post […] This post is only…
Calendar: What investors need to know for the week ahead
Monday June 30China PMIJapan industrial productionECB forum on central banking in Sintra, Portugal (through Wednesday)–Tuesday July 1Canadian markets closedJapan manufacturing PMIEuro zone CPI and manufacturing PMIGermany unemployment(9:30 a.m. ET) U.S. […] This post is only…
Eurozone Economic Sentiment Falls Unexpectedly
Eurozone economic sentiment weakened unexpectedly in June primarily driven by reduced confidence in industry and retail trade, a monthly survey data from the European Commission showed on Friday.The economic confidence […] This post is only…
Japan Retail Sales Growth Eases; Jobless Rate Stable At 2.5%
Japan’s retail sales growth eased to a three-month low in May and the unemployment remained stable, official data revealed on Friday.Retail sales grew 2.2 percent on a yearly basis, slower […] This post is only…
China Industrial Profits Fall
China industrial profits declined notably in May as tariff tensions damped activity, figures from the National Bureau of Statistics showed Friday.Industrial profits decreased 9.1 percent in May from a year […] This post is only…
June 27: Crude Oil Edges Higher With Approaching High Summer Demand
Despite the truce in the Middle East, crude oil posted gains on Friday in the wake of the US confirming readiness to sign trade deals with China and multiple other […] This post is only…