Category: Uncategorized

Bank of Canada to raise rates by 25 basis points to peak of 4.5% on Jan. 25, poll suggestsThe Bank of Canada will hike its key interest rate by a […]

Economic Calendar: Jan 23 – Jan 27Monday January 23Euro zone consumer confidence(8:30 a.m. ET) Canada’s new housing price index for December. Estimate is a decline of 0.2 per cent from […]

Canada CPI Inflation Cools to 6.3% in December — 2nd UpdateOTTAWA–Inflation in Canada cooled slightly more sharply than anticipated in December but some price pressures remain sticky, doing little to […]

As China reopens and data surprises, economists are starting to get less gloomyBarclays on Friday raised its global growth forecast to 2.2% in 2023, up 0.5 percentage points from its […]

Goldman Sachs posts its worst earnings miss in a decade as revenue falls while expenses riseHere’s what the company reported: Earnings of $3.32 per share vs. $5.48 estimate of analysts […]

As China reopens and data surprises, economists are starting to get less gloomyBarclays on Friday raised its global growth forecast to 2.2% in 2023, up 0.5 percentage points from its […]

Economic Calendar: Jan 16 – Jan 20Monday January 16U.S. markets closed (Martin Luther King Jr. Day)Japan machine tool orders(8:30 a.m. ET) Canadian manufacturing sales and new orders for November. Analyst […]

JPMorgan tops estimates for fourth-quarter revenue, but says mild recession is now ‘central case’Here’s what the company reported: Earnings of $3.57 per share, which doesn’t compare with the $3.07 estimate, […]

Citigroup’s fourth-quarter profit declines by 21% as bank sets aside more money for credit lossesCitigroup profit fell by 21% in the fourth quarter of 2022 The bank also set aside […]