Canada

Two central banks meet next week and are expected to cut interest rates. The Bank of Canada will announce its interest rate decision at 9:45 a.m. on Wednesday. They are expected to reduce the interest rate to 4.75% from 5.0%. The last…

MacklemWe are one week away from the Bank of Canada's interest rate decision on June 5 and it looks like it will be tense in the FX market. Currently, the market expects a 61% chance of a rate cut and a 39% chance of no change to the…

Canada has moved to a T+1 settlement cycle for equity and long-term debt market trades. The shift, which is in line with similar regulatory changes in the US, promises to simplify the settlement process and reduce the risks associated with…

A 45-storey tower will be built on the site between Dubnov Street and Leonardo da Vinci Street, which is currently used as a car park. The parking lot located at…

By Ismail Shakil OTTAWA (Reuters) - Canada said on Monday it would issue visas to 5,000 residents of the Gaza Strip, more than it initially pledged, and said it was “horrified” by the Israeli air strike on Rafah that caused a fire that…

Article contentDavid Rosenberg, founder and president of Rosenberg Research, recently told the Financial Post's Larissa Harabin that he expects a rate cut in the central bank's next announcement in June.“I think the bank should…

Previous month 2.9%Consumer Price Index (CPI) monthly: 0.5% vs. 0.6% estimateBasic measuresBank of Canada Core Consumer Price Index (CPI) YoY +1.6% vs. 2.0% previouslyBank of Canada Consumer Price Index (CPI) monthly core at 0.2% versus…

By Fergal SmithTORONTO (Reuters) - The Bank of Canada would be willing to cut interest rates three times before the Federal Reserve's first move before a currency decline threatens to jeopardize inflation expectations, the average…

Passengers wishing to fly directly between Israel and North America this month can only do so on El Al Israel Airlines. Air Canada has suspended the resumption of…

Mon: UK Bank Holiday; EZ Final Composite & Services PMIs (Apr), Sentix (May) Producer Prices (Mar).Tue: RBA Announcement, EIA STEO; Swiss Unemployment (Apr), German Trade Balance (Mar), EZ Construction PMI (Apr).Wed: Norges Bank H1…