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The Nobel Prize-winning economist Joseph Stiglitz has said it would be a “waste of time” for the U.K. to negotiate a trade deal with U.S. President Donald Trump.Stiglitz said in an...
The Canadian dollar depreciated Wednesday after conflicting comments out of Vienna ahead of the meeting between Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC members on...
The Canadian dollar depreciated Tuesday with the U.S. dollar gaining on confident consumers and improving housing prices in the United States. Canadian producer prices rose 1.0 percent in October...
The Canadian dollar was under pressure Tuesday further to the release of the Bank of Canada’s Financial System Review, which is intended to assess the vulnerability of the Canadian economy in...
Better-than-expected economic indicators in the United States and comments by members of the U.S. Federal Reserve (Fed) set the tone for the U.S. dollar on Monday, as it gained 0.45%, breaking through...
The Canadian dollar depreciated on Monday after oil prices fell more than 1 percent at the start of the week. Higher supply in North America and concerns about Russia’s commitment to the OPEC...
Strong crude oil prices reined in the slide in the Canadian dollar last week despite disappointing economic indicators, with WTI crude oil hitting $59 on Friday for the first time in two years. This...
With U.S. stock markets closed Thursday for Thanksgiving, Asian markets drew interest further to the nearly 3% downturn posted on the main Chinese stock market. This drop is explained by a tightening...
Normal service was resumed for U.S. markets yesterday after the pause of recent days, as we saw more record highs with the Dow, S&P 500, Nasdaq and Russell 2000 all closing at record levels. With...
The U.S. dollar had an excellent day yesterday as the euro was down due to the political uncertainty surrounding failed negotiations to form a coalition government in Germany. Mario Draghi reiterated...
Following two months of increases, wholesale sales declined 1.2% to $62.0 billion in September, the second decline of 2017. Decreases were recorded in five of seven sub-sectors, led by the personal...
The Canadian dollar depreciated Monday versus the U.S. dollar. Oil prices fell as higher production from the U.S. is putting downward pressure on prices ahead of the Organization of the Petroleum...
The collapse of the German coalition talks over the weekend would suggest that Germany is no longer the role model of political stability. Europe’s strongest economy has the possibility of three...
This week promises to be relatively calm on the currency market and will be shorter due to U.S. Thanksgiving celebrations. This week, we are continuing to monitor discussions regarding the Trump...
The Consumer Price Index (CPI) increased 1.4% on a year-over-year basis in October, following a 1.6% gain in September. The all-items excluding gasoline index rose 1.3% year over year in October,...