Tag Archives: CAD
The Week Ahead in FX
In the week ahead, U.S. data releases will be in focus after the shutdown delayed the release of some key economic reports.
Canada’s Consumer Price Report Confirms Limited Price Pressures in Third Quarter of 2013
Canada’s headline consumer price index rose 0.2% on a not seasonally adjusted month-over-month basis in September 2013, which was above market expectations for a 0.1% gain.
Canadian Manufacturing Sales Dip 0.2% in August
Canadian manufacturing sales dipped 0.2% in August 2013, slightly below market expectations for a 0.2% increase,
The Week Ahead in FX
In the week ahead, investors will continued to closely monitor political developments in Washington.
Bank of Canada’s Q3/13 Business Outlook Survey Provides Mixed Picture
The outlook for future sales improved with the diffusion measure jumping to 31 in Q3 from 9 in Q2.
Canada’s Unemployment Rate Fell to 6.9% in September; Averaged 7.1% in Q3
Canadian employment increased by 11,900 in September, in line with market expectations for a 10,000 rise
FX Daily Strategist: US
US political to discussions to extend into next week; still cautious on risk rebound Markets have been riding a wave of optimism that a compromise on the debt ceiling is within reach,
Canadian Housing Starts Rebounded in September
* Housing starts rose 5.3% to 193,600 annualized units in September 2013, thereby beating market expectations for a 185,000 reading in the month.
Canadian August Merchandise Trade Deteriorates
* The August 2013 merchandise trade deficit unexpectedly deteriorated to $1.3 billion from an upwardly revised deficit in July of $1.2 billion (originally $0.9 billion).
G10 Macroprudentials and FX implications
For much of the past 3-4 years, our quarterly Currency Strategy has recommended small, fundamentally strong peripheral G10 currencies at the expense of their money-printing G4 counterparts.
The Week Ahead in FX
In the week ahead, investors will continued to closely monitor political developments in Washington.