Producer prices in Canada went down to -0.8% MoM in February, from 0.4% in January and against market expectations of a 0.4% rise. On an annual basis PPI dropped to 1.4% from 5.4% in previous month.
USDCAD saw relatively small reaction to today’s data PPI release. Currency pair continued to trade above 1.3700 level. Source: xStation5
The situation on Wall Street is improving despite a negative start. The US500 is reaching new historic highs, gaining 0.3%. The US100 is gaining 0.6%,...
17:47Microsoft has announced another round of layoffs, affecting approximately 9,000 employees, nearly 4% of its global workforce. This marks the second wave...
15:32United States - EIA Data: EIA Weekly Distillates Stocks: Actual: 3.845M. forecast -1.650M; previous -4.066M; Gasoline Inventories: Actual:...
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