China outlook demoted to negative, S&P resilient
Market movements influenced by interest rate concerns. S&P500 shows resilience. Central bank policies, Fed outlook, global trends analyzed
Recent market movements, particularly on Wall Street, have been influenced by...
UK Spring Budget published, Canada maintains rates
UK's Budget: growth & tax cuts. Australian GDP up 0.2%, imports down 3.4%. US adds 140K jobs, pay rises 5.1%. Canada's Bank holds rates.
Australian Domestic Product Growth
Australia's GDP...
Canadian GDP slightly up, Asian markets performed well today
US Unemployment increase; Hormel surges while Snowflake plummets; Canadian GDP up; Yen strengthens; Chinese shares jump; Oil stable; ECB watched
US Unemployment Figures increase
Initial claims for unemployment...
Wall Street starts lower, Inflation in Canada slowing down
Market Overview: Fed's rate stance, oil up amidst tensions, major mergers, and retail variances. Wall Street dips, China eases, Canada inflation slows
Interest Rate Uncertainty and Monetary...
This is a repeat achievement for Microsoft from two years ago.
Canada's Prices up to 3.4% YoY. Microsoft surpasses Apple. Asian markets dip, U.S. cautious despite Fed rate cut expectations
North American Economic Overview
Canada CPI Data
Consumer...
Canadian employment flat while Asia and Oil volatile
US employment growth steadies; varied sectors, stable demographics. Canada stagnates. APAC markets mixed. Oil surges amid tensions
United States & its' Sectoral Dynamics
In December, the U.S. labor market...
More revenue shaping news after Federal Reserve Meeting
Nvidia's revenue spiked, S&P500 peaked, futures slipped. Crude stable pre-OPEC+. Australia faced inflation, Canada's CPI rose on gas dip.
Tech Sector's Momentum
Renewed enthusiasm in AI, driven by Microsoft's...
Uptick in multi-unit Canadian construction
In the week ending November 11, the US Department of Labor reported an uptick in initial jobless claims, reaching 231,000—a rise of 13,000 from the prior week. The 4-week moving...
Key Economic Trends and Figures Impacting USA, UK, and Canada
USA:
Retail and Food Services Sales Experience Robust Growth
The U.S. Census Bureau reports a significant surge in retail and food services sales for September 2023, reaching...
The GDP deflator rose 0.7% in the second quarter, as consumer inflation remained elevated. However, the terms of trade—the ratio of the price of exports to the price of imports—fell 2.0% in the second quarter, primarily because of a 3.4% decline in prices of exported goods. This was the fourth straight quarterly decrease in the terms of trade.