Markets and economists react: Odds of a June BoC rate cut strengthen after inflation data
More progress made on consumer prices but timing of cuts still seen as toss up
Source: theglobeandmail.com
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Top News In Monex Canada Today - Breaking & Trending Today
Canada Unexpectedly Sheds Jobs, Unemployment Rises to 6.1%
(Bloomberg) -- Canada’s labor market unexpectedly lost jobs and the unemployment rate jumped to the highest level in more than two years, signaling greater slack in the economy that will test the central bank’s patient stance on rate cuts.Most Read from BloombergTexas Toll Road Takeover to Cost Taxpayers at Least $1.7 BillionSaudi Crown Prince MBS’s $100 Billion Foreign Investment Quest FaltersZimbabwe Replaces Battered Dollar With New Gold-Backed Currency Called ZiGGiving Up China Is Hard, Even
Source: yahoo.com
Bloomberg Canada hires Zaho-Murray as economics data editor
Bloomberg’s Ottawa bureau has hired Jay Zhao-Murray to be its economics data editor. He has been a foreign exchange analyst for Monex Canada for the past two…
Source: biztoc.com
USD/CAD Price Analysis: Loonie Loses Strength as Inflation Dips
Wednesday's USD/CAD price analysis painted a bullish picture, influenced by data on Tuesday revealing a decrease in Canada’s inflation.
Source: forexcrunch.com
Posthaste: Outlook for Canadian dollar darkens in world full of risks
Canadian dollar seen sinking toward 71 cents amid a looming recession and geopolitical turmoil. Read more
Source: calgaryherald.com