Blogs

Canada’s CPI slowed – Steady Loonie?

Forex

<p><strong>Canada’s CPI slowed to a -0.4% y/y rate in May</strong>, contrary to expectations for little change (median +0.1%) after the -0.2% y/y contraction in April. The CPI did expand in May on a month comparable basis, but only by 0.3% that was well short of projections (median +0.7%). Of course there was a wide range [&

BoE announcement is due tomorrow 18th June

Forex

<p><em>The economic impact of the pandemic has emerged for Great Britain, although there are  a few signs of the outbreak beginning to stabilize. The record contraction in GDP, a sharp fall in inflation and weak employment indicators show that the BOE must maintain a very expansive monetary policy stance.</em></p> <p>U

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