Tiff Macklem, Governor of the Bank of Canada (BoC), explains the BoC decision to leave the interest rate unchanged at 5% after the January policy meeting and responds to questions from the press.
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Macklem speech: We may still need to raise rates if new developments push inflation higher
Tiff Macklem, Governor of the Bank of Canada (BoC), explains the BoC decision to leave the interest rate unchanged at 5% after the January policy meeting and responds to questions from the press.
ECB Preview: Forecasts from 12 major banks, another hold, cuts around the summer
The European Central Bank (ECB) is set to announce its Monetary Policy Decision on Thursday, January 25 at 13:15 GMT and as we get closer to the release time, here are the expectations as forecast by the economists and researchers of 12 major banks.
United States EIA Crude Oil Stocks Change came in at -9.233M below forecasts (-2.15M) in January 19
United States EIA Crude Oil Stocks Change came in at -9.233M below forecasts (-2.15M) in January 19
EUR/USD climbs sharply despite strong US PMIs, ahead of ECB’s decision
The EUR/USD resumed its uptrend on Wednesday amid the lack of a catalyst.
Mexican Peso to see high demand in the dips – ING
USD/MXN is now in the 17.20 area. Economists at ING analyze Mexican Peso’s outlook.
US: Flash PMIs surprise to the upside in January
According to Markit, the advanced S&P Global Manufacturing PMI improved to 50.3 for the month of January, up from December’s 47.9.
USD/CAD could reach 1.4500 by the midpoint of this year – NBF
USD/CAD has pushed higher to start the year. Economists at the National Bank of Canada analyze Loonie’s outlook Rate cuts by the BoC are likely to arrive before the Fed The Canadian Dollar (CAD) has been under pressure from a combination of a stronger USD, a slowing economy and rising expectations for an easing in […]
Canada BoC Interest Rate Decision meets expectations (5%)
Canada BoC Interest Rate Decision meets expectations (5%)
United States S&P Global Services PMI came in at 52.9, above forecasts (51) in January
United States S&P Global Services PMI came in at 52.9, above forecasts (51) in January