We are forecasting a 25,000-job increase and a 4.1% unemployment rate when the August jobs data is released on Friday. … READ MORE >
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Bank of Canada holds interest rate again as volatility threatens growth
The Bank of Canada held its key interest rate again as it works to show stability amid ongoing trade volatility and economic uncertainty. … READ MORE >
Market Minute: Regime change in rates rolls higher
Investors are pushing up rates as inflation rises, nations add to their debt and as geopolitical risk continues unabated. … READ MORE >
Strong manufacturing and jobs data ahead of Fed meeting
Tariff refunds, rising business and government spending on defense and AI-related products have been the main tailwinds for overall manufacturing demand. … READ MORE >
Market Minute: Diesel inventories near 20-year low as prices rise
Distillate inventories fell by 2.2 million barrels to 103.4 million for the week ending Aug. 26, according to the U.S. EIA. … READ MORE >
Market Minute: Canada’s financial conditions as trade war begins
The RSM Canada Financial Conditions Index stands at a mildly accommodative 0.7 standard deviations above zero as a trade war threatens to escalate. … READ MORE >
Cautious optimism for Canada’s economy despite tariff tension
The latest data shows a solid, growing Canadian economy despite the concerns elicited by recent trade tensions and new U.S. tariffs. … READ MORE >
Market Minute: $40 trillion in debt and rising as free lunch expires
Even an artificial intelligence-driven boom over the next few years will not be sufficient to avoid hard budget choices in Washington. … READ MORE >