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Canadian Economic News


The Week Ahead North America.: Q1 Earnings to Dictate Market Direction
Canadian Economy |  Written by CEP News |  Apr 09 09 21:58 GMT | 
(CEP News) - First-quarter corporate earnings season kicks into full swing next week and market sentiment will be the dominate driver for trading.
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The Week Ahead Europe & UK: Markets to Focus on U.S. Due to Light Schedule
Canadian Economy |  Written by CEP News |  Apr 09 09 21:51 GMT | 
(CEP News) The week ahead is on the light side for the UK and the euro zone, with many market participants admitting to looking towards the economic releases across the Atlantic to dictate market strategy.
Read more...
 
The Week Ahead Asia Pacific: Light Data Week with Markets Looking West
Canadian Economy |  Written by CEP News |  Apr 09 09 21:38 GMT | 
(CEP News) Asia-Pacific markets are expected to react to outside factors such as stimulus plans and U.S. corporate earnings next week amid a light economic data schedule.
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Canadian Trade Balance Unexpectedly Rises Into Surplus
Canadian Economy |  Written by CEP News |  Apr 09 09 12:46 GMT | 
(CEP News) - Led by gains in all parts of the Canadian export sector, the international merchandise trade balance rose unexpectedly into positive territory in February, according to data from Statistics Canada on Thursday.
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Thursday's Events: Barrage of Releases on Last Trading Day of the Week
Canadian Economy |  Written by CEP News |  Apr 09 09 11:13 GMT | 
(CEP News) - With a shortened trading week due to Good Friday, a barrage of key economic data are scheduled for release on Thursday, including U.S weekly jobless claims and February trade balance along with some Fed speakers. Meanwhile, Canadians will pay attention the international merchandise trade balance.
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Canadian Unemployment Rate Rises to 7-Year High, Job Losses Mount
Canadian Economy |  Written by CEP News |  Apr 09 09 11:07 GMT | 
(CEP News) - The Canadian economy continued to shed jobs at a fast pace in March, causing the unemployment rate to rise to a seven-year high, Statistics Canada reported Thursday.
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CA Preview: Markets Expecting More Miserable News on Employment (Repeat)
Canadian Economy |  Written by CEP News |  Apr 09 09 10:10 GMT | 
(CEP News) - The free-fall in Canadian employment is expected to continue with the release of the March labour report on Thursday.
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The Day Ahead North America: Canadian Employment, U.S. Trade Balance, Jobless Claims
Canadian Economy |  Written by CEP News |  Apr 08 09 21:31 GMT | 
(CEP News) - Markets will receive several key data releases to end the week on Thursday, including Canada's Labour Force Survey, the U.S. trade balance and weekly U.S. jobless claims.
Read more...
 
The Day Ahead Europe: Bank of England Rate Decision
Canadian Economy |  Written by CEP News |  Apr 08 09 21:14 GMT | 
(CEP News) - Thursday will be a busy day for European markets, but all eyes will be on the Bank of England's interest rate decision.
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The Day Ahead Asia Pacific: Australian Employment, Japanese Machine Orders
Canadian Economy |  Written by CEP News |  Apr 08 09 21:10 GMT | 
(CEP News) - Data on the Australian labour market and Japanese machine orders will be the key releases during the Asia Pacific session.
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Canadian Foreign Direct Investment Up Sharply in 2008
Canadian Economy |  Written by CEP News |  Apr 08 09 19:22 GMT | 
(CEP News) - A weaker Canadian dollar caused a spike in the amount of foreign investment made by Canadians in 2008, according to Statistics Canada.
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Canadian Domestic Gas Sales Fell in February
Canadian Economy |  Written by CEP News |  Apr 08 09 19:07 GMT | 
(CEP News) - The domestic sale of refined petroleum products in Canada fell 9.8% in February compared to a year ago, Statistics Canada reported.
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CA Preview: Markets Expecting More Miserable News on Employment
Canadian Economy |  Written by CEP News |  Apr 08 09 15:22 GMT | 
(CEP News) - The free-fall in Canadian employment is expected to continue with the release of the March labour report on Thursday.
Read more...
 
Vancouver Leads the Way in Home Price Declines in Q1
Canadian Economy |  Written by CEP News |  Apr 08 09 15:11 GMT | 
(CEP News) - Real estate prices were down across Canada in the first quarter, with Vancouver posting the steepest declines, according to a new report from Royal LePage.
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Canadian Gas Prices at the Pump Mostly Unchanged
Canadian Economy |  Written by CEP News |  Apr 08 09 14:32 GMT | 
(CEP News) - The average price of gas in Canada was mostly unchanged in the week ending April 7, according to Calgary-based MJ Ervin & Associates.
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Canadian Housing Starts Unexpectedly Rise in March
Canadian Economy |  Written by CEP News |  Apr 08 09 12:21 GMT | 
(CEP News) - The pace of new housing starts in Canada climbed to a seasonally adjusted annual rate of 154,700 in March, after coming in at 136,100 in February, the Canada Mortgage and Housing Corporation (CMHC) reported Wednesday.
Read more...
 
Wednesday's Events: SEC Considers Uptick Rule, FOMC Minutes
Canadian Economy |  Written by CEP News |  Apr 08 09 10:25 GMT | 
(CEP News) - The SEC's meeting on the possible resurrection of the "uptick rule" and the release of the FOMC's minutes from the March 17 and 18 meeting are the main highlights of Wednesday's economic events. The U.S. Treasury will also hold an auction of three-year notes.
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Day Ahead Asia-Pacific: Japan's Current Account, Aussie Consumer Confidence
Canadian Economy |  Written by CEP News |  Apr 07 09 21:27 GMT | 
(CEP News) - Japan's current account balance and Australian consumer confidence reports will be the key releases out of the Asia-Pacific session.
Read more...
 
Day Ahead North America: FOMC Minutes, Wholesale Inventories
Canadian Economy |  Written by CEP News |  Apr 07 09 21:26 GMT | 
(CEP News) - The key event on Tuesday will be the release of Federal Reserve minutes from the March 17-18 meeting where the Fed surprised markets by announcing it would buy up to $300 billion in government bonds to support private credit markets.
Read more...
 
Day Ahead Europe: German Factory Orders
Canadian Economy |  Written by CEP News |  Apr 07 09 21:23 GMT | 
(CEP News) - Economists forecast German factory orders to extend their declines into February, with weakness likely in both domestic and foreign demand.
Read more...
 
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