Canadian Economy Grows by 0.1%
Statistics Canada reported today that the Canadian economy grew by 0.1 percent in May. A jump in the...
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China Claims to Be World’s 2nd Largest Economy
In an interview with China Reform magazine, Yi Gang, China’s chief currency regulator, said th...
US Recession Worse Then Previously Believed
Recent revisions to US GDP figures by the Commerce Department, suggest that the recession triggered ...
US GDP Falls to 2.4%
The US Commerce Department announced today that the US Gross Domestic Product (GDP) fell to an annua...
CAD GDP m/m +0.1% vs. +0.1%
Content is for general information purposes only. It is not investment advice or a solution to buy o...
US Advance GDP q/q +2.4% vs. +2.5%
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Tough Love finally for the EUR
Month-end requirement is distorting some of the price action, especially when it comes to the JPY. E...
Euro Breaks 11-Week High Against Dollar
Encouraging data from the European bank stress tests, and a growing demand for euros from Asian cent...
US Jobless Claims Fall by 11,000
The number of new claims for jobless benefits for the week ended July 24th, fell by 11,000 from the ...
California Declares Fiscal Emergency
In a bid to pressure lawmakers to pass legislation for a new budget that has been delayed for more t...
CAN RMPI m/m -0.3% vs. +1.1%
Content is for general information purposes only. It is not investment advice or a solution to buy o...
US unemployment claims w/w +457k vs. +457k
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Dollar Bashing Favors EUR for Now
If you gave the EUR its head where would it go? Prior to this morning we had been witnessing an intr...
Schiller Says Chance of Double-Dip Recession Remains High
Robert Schiller, professor of economics at Yale University, believes the economy is still vulnerable...
Analysts Suggest Euro Could Reverse Gains
The euro has enjoyed a strong rally so far this summer. It has quietly gained on its early summer lo...
US Durable Goods on the Decline
The US Commerce Department said today that orders for US durable goods fell 1.0 percent in June afte...
US Durable Good Orders m/m -1.0% vs. +0.9%
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US Core Durable Goods Orders m/m -0.6% vs. +0.6%
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Discipline trading required as the EUR grinds higher
Without the US consumer on board, economic recovery looks vulnerable. Yesterday’s f...
Consumer Confidence Falls But Wall Street Goes to the Bulls
With the release of today’s consumer confidence report, there appears to be a growi...