Tag Archives: Currency Markets

Weekly Economic Update

For the week of April 9-13. Employment figures for both Canada and the United States were released on Friday. According to Statistics Canada, Canada’s unemployment rate remained at 5.8%. Overall employment increased by 32.3k, more than half of which were … Continue reading

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Weekly Economic Update

For the week of April 2-6. Canadian GDP  declined 0.1 percent month-over-month in January, lower than the increased expectations of 0.1 percent. A sharp decline in oil production and real estate were the main culprits for the decline. Canada led … Continue reading

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Weekly Economic Update

For the week of March 19 – 23. Canadian manufacturing sales in January declined -1.0 percent month-over-month to $54.9 billion versus an estimated 0.9 percent decline. Excluding autos, sales declined 0.1 percent month-over-month to $47.5 billion, while motor vehicle manufacturing … Continue reading

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Weekly Economic Update

For the week of March 12 – 16. After losing 88.0k jobs in January, the Canadian economy added 15.4k jobs in February, which was less than consensus expectations of a 21.0k increase. Full-time employment decreased 39.3k after gaining 49.0k the … Continue reading

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Weekly Economic Update

For the week of March 5 – 9. GDP in Canada came in as expected on both month-over-month and year-over-year basis in December at 0.1 percent and at 3.3 percent. However, annualized fourth quarter GDP came in a bit softer … Continue reading

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