No Data
Bank of Canada June Rate Cut Depends on 'Cool' CPI Report -- Market Talk
0955 ET - BMO Capital Markets says it is sticking to its call for a June rate cut from the Bank of Canada amid a strong employment growth in April.
ECB April Meeting Minutes: Ready to Cut Interest Rates in June
The minutes show that most people think June will not be a single one-time interest rate cut. Currently, the market believes that interest rates will be cut at most three times this year, or two after June, most likely in September and December.
CIBC Comments on Canada's Labor Report for April
After stalling in the prior month, Canada's Labour Force Survey (LFS) growth returned and easily beat consensus expectations in April, said CIBC. Friday's 90,000 increase was well above the 20,000 exp
Bank of Canada: Canadian households can repay their debts at higher interest rates
According to the Bank of Canada's latest annual financial stability report, Canadian households seem to be able to bear this burden despite rising borrowing costs
Goldman Sachs strategist: Long-term high US interest rates will have the biggest impact on the Swedish krona, Australian dollar, and Canadian dollar
Goldman Sachs strategists said that the Swedish krona, Australian dollar, and Canadian dollar are the most vulnerable to long-term high US interest rates. They said that, like the yen, these currencies have also been hit hard against the US dollar since April because the real interest rate curve steeped as expectations of US interest rate cuts were delayed.
Canadian Dollar Gains Ground as Greenback Recedes on Thursday
Canadian Dollar propped up by broad-market, risk-on sentiment.