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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...

Steady oil production increase, new massive stimulus bill on the table, the good labor market could strengthen stock gains even further

The recent OPEC meeting that ended on Wednesday produced an agreement to raise production levels that were previously curbed by the virus....

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...

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

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...

Labor markets show recovery, oil disputes threaten more volatility, G20 summits underway and Friday stocks open higher

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...

Inflation worries do not stand in the way of a rising stock market, UK economy with more optimism

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that...