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Baystreet.ca - - Canada CPI expected to have risen 2.5% y/y in July (June 2.7%). - Gold surges on US rate outlook. - US dollar reeling as dovish Fed talk heats up. USDCAD: open 1.3615, overnight range...
Baystreet.ca - Canada’s inflation rate declined to an annualized rate of 2.5% in July, its lowest level since March 2021. Statistics Canada said the July inflation reading was down from a 2.7%...
Baystreet.ca - - Oil prices fall as Iran stands down - Sand Francisco Fed President sees “gradual” rate reductions. - US dollar sinks on improved risk sentiment. USDCAD: open 1.3681,...
Baystreet.ca - - Loonie struggling to find a direction - Risk sentiment improves following US retail sales data. - US dollar drifts lower in uneven manner. USDCAD: open 1.3720, overnight range...
Baystreet.ca - Further clearing of the inflation picture south of the border sent beams of hope onto stock markets on both sides of the border. The TSX Composite Index marched ahead 272.71 points, or...
Baystreet.ca - - Holidays in Europe reduce trading volumes - Weekly jobless claims and retail sales highlights of US data dump. - US dollar trading quietly and mixed. USDCAD: open 1.3704, overnight...
By Pavel Polityuk, Tom Balmforth and Yuliia Dysa KYIV (Reuters) -Ukraine's forces advanced further into Russia's Kursk region on Wednesday as Kyiv said its gains would provide a strategic buffer zone...
By David Ljunggren and Promit Mukherjee OTTAWA (Reuters) -North American industry groups and shippers are bracing for an unprecedented simultaneous stoppage at both of Canada's main railway companies...
Baystreet.ca - Futures linked to Canada's main stock index slipped on Wednesday as investors' cautionary stance ahead of key U.S. inflation data countered gains in crude and metal prices. The TSX...
By Nyasha Nyaungwa WINDHOEK (Reuters) -Namibia's central bank cut its main interest rate by 25 basis points on Wednesday, citing a slowdown in inflation and inflation expectations. The Bank of...
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