Inflation Canada: Keys to USDCAD
This Wednesday the Statistics Canada office will publish the Consumer Price Index data for the month of August. The data will be published after the Bank of Canada’s decision to keep monetary policy unchanged. The entity maintains the purpose of the recovery of the economy through the recovery of employment and acceptable inflationary levels around […]
Hit of the week: US and Canadian inflation
A few days after the central bank interest rate rally, the market is waiting expectantly for inflation data. The message from the financial centers of the world has continued to dovish in general terms. The common message has been: “gradual reduction”, “gradually lower purchase rate”, “gradual tapering”, “we will not get ahead”, “until we reach […]
Employment in Canada: On the Road to Recovery
This Friday the Statistics Office of Canada will report the country’s employment data and the evolution during the month of August. It will be the main data for the Canadian economy, since this Wednesday the Bank of Canada, as expected, decided to maintain its policy. The Bank of Canada chose to keep the asset […]
Central America towards “crypto monetization”
Bitcoin and Ethereum, the cryptos with the highest capitalization of the market, received a severe blow in their prices in the last hours. The average loss was around 10% for each crypto. The context of the losses is due to the liquidation that occurred in the markets and the high exposure that became after the […]
Stimulus reductions for Canada and the Euro Zone
This week will focus on the decisions made by the Bank of Canada and the European Central Bank on their respective monetary policies. The dilemma is the same that prevails in most economies: When to move towards reducing stimuli. The Bank of Canada had already started with the implementation of the reduction of economic stimuli […]
High Impact Week: Central Banks of Australia, Canada and Europe on the Move
This first week of September comes with a monetary policy combo. This week the publication of Australian interest rates is expected with a maintenance forecast. The aussie could give its correction and possible sales are expected for this Tuesday 1:30 am EST. Canada (BOC) would publish its rate decision on Wednesday 11:00 EST, forecast of […]
The dollar faces employment data
Tomorrow the US Bureau of Employment Statistics will release the unemployment rate and non-farm payrolls. We expect impact with the data that will be available from this Friday. The focus is placed on these data since, from them, the panorama will be clarified on the decisions of the FED in monetary policy. Negative results could […]
Crude seeks to recover
Crude futures posted losses this Wednesday after the decision made between the countries that make up OPEC +. BRENT and WTI posted losses of almost 2%. Crude prices have been affected in recent hours by three factors. On the one hand, the Organization of the Petroleum Exporting Countries and allies, decided to increase oil […]
High Impact Week: OPEC and American Employment Data
The dollar closed lower this week and buyers would be expected at Monday’s open. US employment data is estimated positive for this week. The highlight of the symposium were remarks by Jerome Powell who said that asset purchases could begin to slow down this year as the US economy recovers from the pandemic, but that […]
Crude recovers
This week oil prices have been boosted, returning to highs after almost two weeks of decline. However, since Wednesday, there have been losses in the price caused by two factors. On the one hand, there are concerns about the increase in COVID infections and the new variant throughout the world. These effects on the […]