Forward Guidance: BoC to Hold Rates Steady, Despite Vaccine Advancements
A lot has changed in the weeks leading into the Bank of Canada’s policy update next Wednesday. But don’t expect any significant shift in the Bank’s commitment to support the economy by keeping interest rates low for an extended period....
Week Ahead: Brexit, Vaccines, and Stimulus
“How much longer?” asks the child from the back seat of his car. This is how many people feel as we wait for a Brexit deal to “get there”. No one knows for sure, and headlines on Friday confirm that. ...
The winner today in Employment Data was Canada
The US added only +245,000 jobs to the economy for November vs. 469,000 expected. This number is not only nearly half of what was expected, but it would be considered an average print during a pre-coronavirus month. The winner today...
Here’s how worried you should be about your stake in Alibaba, now that the U.S. is going after Chinese stocks
President Donald Trump has a bill on his desk that could kick several Chinese companies off U.S. stock exchanges and inflame an already strained relationship between Washington and Beijing. The Holding Foreign Companies Accountable Act would force companies to give...
Biden warns the economy is stalling after ‘dire’ jobs report, calls for ‘urgent action’ on Covid stimulus
President-elect Joe Biden said Friday’s underwhelming jobs report foreshadows a “dark winter” that demands “urgent action” from President Donald Trump and Congress, as Covid spreads out of control across the U.S. and Americans face benefit cuts if Congress does not...
4 warning signs in the November jobs report: ‘This feels like the calm before the storm’
People receive food at a distribution site during the coronavirus pandemic. Spencer Platt | Getty Images News | Getty Images The U.S. economy added 245,000 jobs in November and the unemployment rate fell to 6.7%, the Bureau of Labor Statistics...
Biden says ‘dire’ jobs report shows stalling economy, calls on Trump and Congress to pass stimulus
U.S. President-elect Joe Biden speaks during an event to name his economic team at the Queen Theater December 1, 2020 in Wilmington, Delaware. Alex Wong | Getty Images President-elect Joe Biden said Friday’s underwhelming jobs report foreshadows a “dark winter”...
Stocks making the biggest moves midday: Big Lots, Carvana, Cloudera, DocuSign & more
A customer exits a Big Lots store in Clifton, New Jersey. Emile Wamsteker | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Big Lots — The retail stock sank 9% after the company declined to...
Jobs report shows weakening trend heading into holidays, increasing the case for stimulus
Food Bank for New York City distributes turkeys and Thanksgiving fixings with support from Stop & Shop and WBLS’ The Steve Harvey Morning Show on November 16, 2020 in New York City. Michael Loccisano | Getty Images Entertainment | Getty...
ECB Preview: Recalibrating, Not Easing
Danske Bankhttp://www.danskebank.com/danskeresearch This publication has been prepared by Danske Markets for information purposes only. It is not an offer or solicitation of any offer to purchase or sell any financial instrument. Whilst reasonable care has been taken to ensure that...
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