Canada’s main stock index rose on Monday to a record high, with shares of technology companies leading broad-based gains as investors focused on upcoming corporate earnings rather than the latest […]
Category: Uncategorized
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 […]
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 […]
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 […]
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 […]
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. […]
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 […]
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 […]
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 […]