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Economic Calendar: Sept 30 – Oct 4, 2024
Monday September 30China PMI and current account surplusJapan industrial production and retail salesCanada’s National Day for Truth and Reconciliation (stock markets open; bond markets closed)(9:45 a.m. ET) U.S. Chicago PMI […] This post is only…
US: Inflation measure closely watched by the Fed fell to 2.2% in August
An inflation gauge closely watched by Federal Reserve policymakers continued to slow in August as the pace of price growth trended closer to the Fed’s target.The Commerce Department reported Friday that the […] This post is only…
Sputtering Canadian economy fuels calls for big rate cut
Canada’s gross domestic product expanded at a faster-than-expected 0.2 per cent rate in July, but an advance estimate indicated that growth likely stalled in August, data showed on Friday, bolstering […] This post is only…
U.S. economy grew at a solid 3% rate last quarter, government says in final estimate
The American economy expanded at a healthy 3 per cent annual pace from April through June, boosted by strong consumer spending and business investment, the government said Thursday, leaving its […] This post is only…
U.S. oil inventories fall more than forecast, crude at 2½-year low: EIA
U.S. oil inventories fell across the board last week, the Energy Information Administration said on Wednesday, drawing down more than expected and with crude oil stockpiles hitting their lowest level […] This post is only…
Lightspeed Commerce latest Canadian tech company put up for sale
Lightspeed Commerce Inc.LSPD-T +13.28%increase is officially up for sale, the latest in a series of Canadian tech companies to consider going private following a stock market slump after pandemic restrictions were lifted.The […] This post is only…
Strike at Vancouver grain terminals leaves ships at anchor
Ships are being forced to stay at anchor after a strike that began this week at six Vancouver grain terminals created bottlenecks in the supply chain from the Prairies to […] This post is only…
Statistics Canada says population grew 0.6 per cent in Q2 to 41,288,599
Statistics Canada says the population of the country reached an estimated 41,288,599 on July 1.The agency says the total means 250,229 people were added in the second quarter of the […] This post is only…
Hunting for value in gold stocks as bullion hits record highs
What are we looking for?The Bank of Canada is well into a cycle of interest-rate cuts, with the U.S. Fed expected to join it this week. In Canada we have […] This post is only…