Russia Central Bank Reserves $ down to $775.4B from previous $776.8B
Russia Central Bank Reserves $ down to $775.4B from previous $776.8B
Rabobank’s Senior FX Strategist Jane Foley discusses recent Swiss inflation data and implications for the Swiss Franc. Foley notes that low Swiss CPI reduces pressure on the SNB to cut rates below zero, while credible FX intervention and safe-haven demand should keep CHF firm.
According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance decreased to 202K for the week ending March 28.
United States Continuing Jobless Claims registered at 1.841M above expectations (1.84M) in March 20
United States Goods Trade Balance dipped from previous $-81.8B to $-84.6B in February
United States Initial Jobless Claims 4-week average declined to 207.75K in March 27 from previous 210.5K
United States Initial Jobless Claims below expectations (212K) in March 27: Actual (202K)
Canada Imports increased to $72.05B in February from previous $66.13B
Canada International Merchandise Trade came in at $-5.74B below forecasts ($-2.3B) in February
Canada Exports increased to $66.31B in February from previous $62.48B
United States Goods and Services Trade Balance came in at $-57.3B, above expectations ($-59.2B) in February
TD Securities analysts characterize the Bank of Canada’s (BoC) March Summary of Deliberations as slightly dovish, consistent with the March 18 decision. They stress patience, citing inflation near target, weaker GDP, housing softness and labour market headwinds.