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PoundSterlingLIVE - A rise in core inflation pressures likely means a hawkish BoC next week, writes Nick Rees, FX Market Analyst at Monex Europe. Canadian inflation accelerated in December, rising to...
By Promit Mukherjee and Steve Scherer OTTAWA (Reuters) - Canada's annual inflation rate rose as expected in December, data showed on Tuesday, and underlying prices pressures remained, dashing hopes...
Proactive Investors - Artificial Intelligence (AI) has made significant strides in recent years, leading to the development of Generative AI, a subset of AI focused on creating new content. This...
Statistics Canada released the country’s employment and unemployment figures for December 2023 this afternoon. The nation’s unemployment figures were flat and unmoving at 5.8 percent,...
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada's economy added far fewer jobs than expected in December and the jobless rate remained at 5.8%, but permanent employees' wages increased at...
By Fergal Smith TORONTO (Reuters) - The Canadian dollar is expected to trade at stronger levels than previously thought over the coming months and year if the U.S. Federal Reserve pivots to cutting...
PoundSterlingLIVE - The Canadian Dollar rose as an initial reaction to the news that Canadian inflation unexpectedly rose in November, but digging into the data reveals trends remain consistent with...
Invezz - Statistics Canada released the Consumer Price Index (CPI) for the month of November 2023, which increased by 3.1% YoY, and remained unchanged since October 2023. Markets were initially...
By Fergal Smith TORONTO (Reuters) - Analysts see less upside for the Canadian dollar than previously thought over the coming year as recent data showing a slowdown in the domestic economy brings...
OTTAWA (Reuters) -Most financial institutions consulted by the Bank of Canada (BoC) expressed skepticism about the benefits of a potential digital currency, the central bank said on Wednesday....
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