Bank of Canada Archives - Financial Mirror

Strong US surveys, cautious BoC, Eurozone struggles

By Craig Erlam US economic data was surprisingly strong on Wednesday, with both the services and manufacturing PMIs comfortably exceeding expectations and reinforcing the message that the economy is in good shape,

24th January 2024

Markets/World

Positive US data ahead of NFP, BoC holds

By Craig Erlam US stocks were off to a decent start again on Wednesday, buoyed by data that pointed to further weakness in the jobs market and additional disinflationary pressures. There’s no

7th December 2023

Markets/World

Markets enter standby mode

Βy Lukman Otunuga, Senior Market Analyst at FXTM Asian stocks crawled higher on Wednesday, following the positive cues from Wall Street overnight after the S&P500 closed at its highest level in 2023.

7th June 2023

Markets/World

Stock futures trade mix, German industry shows more weakness

By Naeem Aslam US and European markets are set for a mixed open Wednesday as traders pay close attention to weak economic numbers out of China and another surprise interest rate hike

7th June 2023

Markets/World

Thank you Canada, BOC’s dovish surprise

By Edward Moya This bear market rally was about to run out of steam, but the Bank of Canada had other plans. A Canadian dovish surprise gave risky assets an unexpected

27th October 2022

Markets/World

On the ropes

By Craig Erlam Equity markets are tumbling again on Wednesday as the latest batch of inflation data delivered another heavy blow to sentiment. US inflation reached 9.1% in June, up from 8.6%

13th July 2022

Markets/World

Asian assets mixed as US, China data point to economic stability

By Han Tan, Market Analyst at FXTM Asian stocks and currencies were mixed Friday, despite global investors being given positive signals on the world’s two largest economies. US retail sales climbed 0.3%

17th January 2020

Markets/World