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Canadian Dollar claws back ground after Greenback softens on Thursday
The Canadian Dollar (CAD) is rebounding on Thursday, recovering ground previously lost in the midweek market session as broad market flows in the Greenback dictate overall market sentiment.
Canadian Core Inflation Measures Set to Remain Relatively Muted -- Market Talk
The stage is set for Canadian headline and core inflation to reach the central bank's 2% target on a sustained basis by early next year, even if core price growth accelerates somewhat from the muted start to the year, Capital Economics' Olivia Cross suggests.
Canada Q1 Current Account Deficit Expands to $5.4 Billion; Canadians Buy Record $37 Billion in Foreign Bonds in Quarter
Canada posted a seasonally adjusted current account deficit of $5.4 billion in the first quarter, $900 million more than the previous quarter as the goods balance moved from a surplus into a deficit, the country's statistical agency said on Thursday.
Swiss Growth Unexpectedly Maintains Pace on Services, Consumers
Switzerland’s economy unexpectedly maintained momentum at the start of the year on services and private consumption, while concerns about struggling exporters persist.
Swiss Trade Surplus Jumps in April
Switzerland's trade surplus climbed to 3.91 billion francs in April from the revised 3.06 billion francs in March, the Federal Office for Customs and Border Security said Thursday.
SNB's Jordan:There Is Small Upward Risk to the Central Bank's Inflation Forecast
Swiss National Bank (SNB) Thomas Jordan said early Thursday that there is a small upward risk to the bank's inflation forecast.