United States Initial Jobless Claims 4-week average declined to 207.75K in March 27 from previous 210.5K
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)
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 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 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
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
United States Goods and Services Trade Balance came in at $-57.3B, above expectations ($-59.2B) in February
BoC: Dovish patience with geopolitical risks – TD Securities
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.
CEE FX: Limited relief for regional currencies – ING
ING’s Frantisek Taborsky notes that Central and Eastern European currencies remain under pressure despite recent gains in the Forint, Zloty and Koruna.
Brazil Industrial Output (YoY) registered at -0.7% above expectations (-1%) in February
Brazil Industrial Output (YoY) registered at -0.7% above expectations (-1%) in February
Brazil Industrial Output (MoM) came in at 0.9%, above forecasts (0.7%) in February
Brazil Industrial Output (MoM) came in at 0.9%, above forecasts (0.7%) in February
India: Growth trimmed as energy shock bites – Standard Chartered
Standard Chartered’s India economists Anubhuti Sahay and Saurav Anand cut India’s FY27 GDP growth forecast to 6.4% from 7.0% and FY26 to 7.3% from 7.6%, citing elevated energy prices and Middle East tensions.
Silver Price Forecasts: XAG/USD dips below $71.00 amid overall US Dollar strength
Silver (XAG/USD) has lost more than $10, hammered by a risk-averse reaction to US President Trump's televised message on Wednesday. The precious metal is testing levels below $71.00 at the time of writing, after peaking at $81.13 on Wednesday, as the Dollar prevails in risk-averse markets.