Tag Archives: Foreign Exchange

Weekly Economic Update

For the week of July 16 – 20. The University of Michigan sentiment posting in the United States dropped to a level of 97.1 for the month of July, missing expectations of 98.0, and falling from June’s posting of 98.2. … Continue reading

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Weekly Economic Update

For the week of July 9 – 13. According to Statistics Canada, the unemployment rate for June rose to 6.0 percent due to a strong surge in the labour force of 76k. The Canadian economy added 32k jobs in June, … Continue reading

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Weekly Economic Update

For the week of July 2 – 6. Canadian GDP came in at 0.1 percent month over month in April, vs expectations of zero percent growth (economists believed poor weather conditions in April could’ve negatively impacted results). Both Manufacturing and … Continue reading

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Weekly Economic Update

For the week of June 25 – 29. Retail sales for April fell by 1.2 percent on a month-over-month basis, going against the  expectations for a flat zero percent posting. Excluding auto sales, the decline lessened to 0.1 percent. March … Continue reading

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Weekly Economic Update

For the week of June 18 – 22. Foreigners bought a net $9.13 billion of Canadian securities in April compared to $6.40 billion in March. $8.79 billion were bonds, and $2.41 billion were Canadian stocks and investment shares. Foreigners divested $2.07 … Continue reading

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