Blogs

<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/2018/04/f-oil15.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p> <p>WTI oil price fell below $72 on W

<p><img width="531" height="325" src="https://www.actionforex.com/wp-content/uploads/tag-images/canada.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uplo

<p><img width="531" height="325" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-canada1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" /></p> <p>BoC keeps overnig

<p><img width="558" height="307" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-usa4.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p> <p>US ADP private sector employment grew 103k in Novem

<p><img width="612" height="382" src="https://www.actionforex.com/wp-content/uploads/2018/12/f-eur-gbp13.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-cont

<p>FOR IMMEDIATE RELEASE</p><p><a href="https://www.bankofcanada.ca/press/contacts/">Media Relations</a></p><p><a href="https://www.bankofcanada.ca/search/?location%5B%5D=ottawa_ontario">Ottawa, Ontario</a></p><p>December 6, 2023</p><p>The Bank of Cana

<ul><li>Prior was 5.00%</li><li>Statement repeats that BOC "is prepared to raise the policy rate further if needed"</li><li>Data "suggest the economy is no longer in excess demand"</li><li>BOC saw "further signs that monetary policy is moderating spending and relieving price p

<p>Today's Bank of Canada rate decision is all about signalling what's to come in 2024.</p><p>There will be cuts, but the questions are when and how many?</p><p>The BOC won't have the answers yet as the central bank awaits more data but it may want to offer up a bias or push-back against aggressive marke

<ul><li>52 of 102 see Fed waiting until at least July to cut</li><li>50 of 102 see the Fed cutting earlier</li><li>72 of 100 see the Fed cutting by 100 bps or less</li><li>All but 5 said the Fed hiking cycle was over</li></ul><p>Citi's US economist said stronger core inflation w

<p>Major US stock indices are trading higher with gains near 0.3% for the three major indices. A snapshot of the market currently shows:</p><ul><li>Dow Industrial Average up 94.91 points or 0.26% at 36219.48</li><li>S&amp;P index up 16.22 points or 0.36% of 4583.39</li><li>Nasdaq index up 54.94 po