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US and Canadian labour markets show moderate reasons for optimism

Per today’s statistical analysis provided in Canada Labour productivity down after zero growth in the second quarter. Labour productivity of Canadian businesses decreased by 1.5% in the third quarter, with hours...

Stocks open mixed on Friday, new Trillion dollar bill in the works, no word...

Friday US Futures trade mixed at the start of the day as NASDAQ went up 0.4% while the other two main benchmarks: DowJones30 and S&P500 were down 0.5% and 0.13% respectively. Thanks to good...

PMI data comes in strong, but inflation worries boost gold and prevent stocks from...

Eurozone business activity growth slowed sharply to a six-month low in October amid increasing supply bottlenecks and ongoing health concerns, dropping most markedly in manufacturing though also cooling in services. Survey-record price increases were...

Canadian economy still struggling, US consumer spending high, but inflation worries loom ahead

Statistics Canada provides the monthly release for the Gross domestic product by industry with data provided for the month of July. Real gross domestic product (GDP) edged down 0.1% in July following a 0.6%...

Steady oil production increase, new massive stimulus bill on the table, the good labor...

The recent OPEC meeting that ended on Wednesday produced an agreement to raise production levels that were previously curbed by the virus. Despite this, some of its’ members are struggling to do so. The...

New jobless claims report boosts US economy, UK observes increased inflation rates

In the UK the quarterly Monetary Policy Report was released with the outlook for the country’s economy as seen by the Monetary Policy Committee. The inflation level was measured at 2.5% between now and...

Japanese economy is still stagnant but expected to rise. CPI better than expected in...

Although the level of Japan's economic activity, mainly in the face-to-face services sector, is expected to be lower than that prior to the pandemic, for the time being, the economy is likely to recover,...

Labor markets show recovery, oil disputes threaten more volatility, G20 summits underway and Friday...

In Canada employment rose by 231,000 (+1.2%) in June, following a cumulative decline of 275,000 over the previous two months. Employment growth was entirely in part-time work and concentrated among youth aged 15 to...

Inflation worries do not stand in the way of a rising stock market, UK...

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 22...

Jobs report has stocks go up in the US, Canada still dealing with lockdown...

Total nonfarm payroll employment rose by 559,000 in May, and the unemployment rate declined by 0.3 percentage point to 5.8 percent, the U.S. Bureau of Labor Statistics reported last week. Notable job gains occurred...
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