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- Wall Street Journal The Wall Street Journal provides economic data news, articles, and videos on its website. Topics range from economic data to the latest economic news and developments. The data and news are provided in the form of reports, briefs, and videos. Reports cover a wide range of topics such as GDP, employment, inflation, housing market, and the stock market. Briefs provide quick summaries of the latest economic news and developments. Videos provide insight into the current economic environment and how it affects individuals and businesses. The Wall Street Journal also provides commentary and analysis from top economists and financial professionals.
Futures tied to Canada's main stock index nudged up on Friday, supported by precious metal prices, while cautious investors awaited domestic and U.S. economic data due later in the day. The TSX leaped 354.22 points, or 1.4%, to close Thursday at ...
USD/JPY is trading a touch lower in the 154.30s on Friday as the Japanese Yen (JPY) strengthens against the US Dollar (USD) due to the release of higher-than-expected Japanese macroeconomic data, and Tokyo’s announcement of a $250 billion economic stimulus package.
Taylor Swift may still be in Toronto, but it was the steady stream of economic data that dominated headlines this week. Canadian Consumer Price Index (CPI) inflation was supposed to be the star with a big upwards move in October (Chart 1), but the Federal government’s large pre-election stimulus to support consumer spending took center stage. Retail sales data for September also came in hot, showing that Canadian consumers may have entered a new ‘Era’ of elevated spending. Housing starts data also showed strength in October, likely reacting to the revival happening in the resale market. Financial markets responded by pricing a greater likelihood that the Bank of Canada (BoC) will revert to cutting by 25 bps at its December meeting.
Strong economic data, recent comments by Fed officials and the potential of higher inflation in 2025 due to tariff increases have led market participants to dial back their expectations of Fed rate cuts in coming months.
GBPUSD dipped below 1.2500 handle and hit new lowest in 6 ½ months on Friday, after disappointing UK October retail sales and November PMI numbers further weakened sterling, adding to worsened geopolitical picture on threats of stronger escalation of war in Ukraine.
EURUSD sold off to 1.0332 earlier today after weak Eurozone economic data led traders to raise their bets on a big rate cut by the ECB. This drop comes on the back of a bigger selloff from 1.1214, which has been accelerated by Donald Trump’s election victory earlier this month. Needless to say, we had […]