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The Week Ahead (Canada Housing Starts and US Retail Sales in Focus)
There aren't any significant earnings reports on the horizon for this week, so everyone's going to be watching some key economic developments instead.
Earnings Call Summary | THERALASE TECHNOLOGIES INC(TLTFF.US) Q1 2024 Earnings Conference
The following is a summary of the Theralase Technologies Inc. (TLTFF) Q1 2024 Earnings Call Transcript:Financial Performance:Theralase's Q1 2024 total revenue decreased by 15% year-over-year.Gross mar
BoC Cuts Rates: Which Sector Is Poised to Benefit?
In a groundbreaking move, the Bank of Canada has reduced its key interest rate as revealed at the Monetary Policy Decision Conference, positioning itself as the pioneer among the Group of Seven to initiate a cycle of monetary easing. Governor Tiff Macklem, demonstrating confidence in managing inflation, also shared a positive view on the future of Canada's economy.
Expect More Rate Cuts If Inflation Eases
The Bank of Canada (BOC) cut the key interest rate by 25 basis points for the first time in four years to 4.75%. Now, investors are eager to know the trajectory of the interest rate policy. Will the BOC continue to reduce the rate? How many times and how far will they go? Let's dive in to see the details.
Earnings Call Summary | SNIPP INTERACTIVE INC(SNIPF.US) Q1 2024 Earnings Conference
The following is a summary of the Snipp Interactive, Inc. (SNIPF) Q1 2024 Earnings Call Transcript:Financial Performance:Revenue for Q1 2024 stood at $4.7 million, representing a 29% decrease from Q1
BoC June Interest Rate Decision Preview: A Critical Juncture for Monetary Policy
While central banks across Latin America, Switzerland, and Sweden have already been cutting interest rates, the world's most powerful central banks have yet to follow suit. This week may mark a turning point, with the European Central Bank (ECB) expected to take the lead. The Bank of Canada's decision is more uncertain, with the markets betting on a 65% chance of a rate cut. The outcome is more than just a domestic m...