Fixed-income markets are signaling a shift in perceptions of financial stability and raising a caution flag for investors. … READ MORE >
Economics
Canada’s supply chain healthy as demand slows
The RSM Canada Supply Chain Index reached 2.31 in August, one of the highest readings since 2000, thanks to improvements across delivery time, prices, and inventory levels, signaling sufficient health of the supply chain. … READ MORE >
Japan intervenes in the currency market
With the yen in freefall, Japan on Thursday took the unusual step of intervening in currency markets to prop up its value. … READ MORE >
Fed raises its policy rate by 75 basis points and sees more increases
The Federal Reserve raised its policy rate by 75 basis points on Wednesday, the third straight increase of that size and a sign that it is continuing its aggressive push to tame inflation. … READ MORE >
Canada’s inflation declines amid cooling gas prices
Inflation declined by 0.3% in August for the second monthly decline in a row thanks to cooling gasoline and energy prices, … READ MORE >
Are we entering an era of central bank intervention in currency markets?
Central banks may be reconsidering their long-held reluctance to intervene in currency markets, notably the Japanese yen. … READ MORE >
Consumer sentiment rises to highest level since May
Consumer sentiment improved to 59.5 in September as inflation concerns eased, according to the University of Michigan’s index. … READ MORE >
Canada housing starts fall amid rising rates
Canada’s housing starts fell to 267,443 in August, a 3% drop from July, continuing the decline in the housing sector because of rising interest rates. … READ MORE >
Industrial production falls for the first time since June
Industrial production fell by 0.2% in August, the first decline in three months, amid a slowdown in manufacturing and a sharp drop in electricity production. … READ MORE >
Retail sales rebound on strong autos spending
The U.S. retail sales picked up slightly in August, rising by 0.3%, according to government data released on Thursday. … READ MORE >