Crude oil futures rose about 3% Tuesday, after President Donald Trump demanded Iran’s unconditional surrender and threatened its Supreme Leader Ayatollah Ali Khamenei.The U.S. crude oil contract for July delivery increased […]
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Economic Calendar: June 9 – June 13
Monday June 9China foreign reserves, aggregate yuan financing, new yuan financing, trade surplus, CPI and PPIJapan GDP and bank lending(10 a.m. ET) U.S. wholesale inventories for April.=====Tuesday June 10Japan machine […]
U.S. job growth slows in May as tariff uncertainty continues, unemployment rate steady at 4.2%
U.S. job growth slowed in May amid headwinds from tariff uncertainty, while the unemployment rate held steady at 4.2 per cent, potentially giving the Federal Reserve cover to delay resuming interest rate […]
Canadian unemployment rate rises to 7% in May as economy adds 8,800 jobs
Statistics Canada says the unemployment rate ticked up for the third consecutive month in May as the economy added 8,800 jobs.The national jobless rate rose to 7 per cent last […]
Canada posts April trade deficit of $7.1-billion, the largest on record
Canada’s trade deficit in April widened to an all-time high of a whopping $7.1 billion, data showed on Thursday, as tariffs imposed by President Donald Trump sucked out demand for Canadian goods […]
Bank of Canada holds key interest rate at 2.75%, cites ‘unusual uncertainty’
The Bank of Canada held its key interest rate steady at 2.75 per cent for the second consecutive time, citing ongoing trade uncertainty and an economy that continues to chug […]
TOY.TO : Toronto-based toy maker Spin Master cuts jobs as it weathers tariff impacts
Toy maker Spin Master Corp. TOY-T says it has cut jobs across the company as it tries to weather the impact of global tariffs on its business. In an e-mailed statement, spokeswoman Tammy […]
U.S. private payrolls growth comes in far below expectations in May
U.S. private payrolls increased far less than expected in May, the ADP National Employment Report showed on Wednesday.Private payrolls increased by only 37,000 jobs last month after a downwardly revised […]
Calendar: June 2 – June 6
Monday June 2China PMIJapan and Euro zone manufacturing PMI(9:30 a.m. ET) Canada’s S&P global manufacturing PMI for May.(9:45 a.m. ET) U.S. S&P global manufacturing PMI for May.(10 a.m. ET) U.S. […]