Mining The Markets

Canada

Toronto home prices fall 1% in November; down roughly 19% from peak

BY Reuters  • December 6, 2022December 6, 2022
TORONTO (Reuters) – Home prices in the Greater Toronto Area (GTA) fell in November as rapidly rising interest rates weighed on the city’s once-red-hot housing market, data from the Toronto[...]
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Business Canada Economy Updated

Dollar gains broadly as upbeat U.S. data muddles Fed rate hike views

BY Reuters  • December 5, 2022December 5, 2022
By John McCrank NEW YORK (Reuters) – The dollar gained against the yen, the euro and the pound on Monday after data showed that U.S. services industry activity unexpectedly picked up in November[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Global central banks extend rate hike push in November

BY Reuters  • December 5, 2022December 5, 2022
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of rate hikes delivered by central banks in November picked up speed again as policy makers around the globe battle[...]
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Africa Asia Australia Business Canada Economy Europe Middle East UK US

Canada’s deep yield curve inversion adds to BoC rate hike dilemma

BY Reuters  • December 4, 2022December 4, 2022
By Fergal Smith TORONTO (Reuters) – As the Bank of Canada considers ditching oversized interest rate hikes, it is dealing with an economy likely more overheated than previously thought but also[...]
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Business Canada Economy

Dollar gives back gains, strong wage growth complicates Fed policy

BY Reuters  • December 2, 2022December 2, 2022
By Karen Brettell NEW YORK (Reuters) – The dollar dipped on Friday as a Federal Reserve official said rate hikes are likely to slow and as investors took profits from earlier gains after jobs da[...]
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Asia Australia Business Canada Economy Europe UK Updated US

German parliament votes to ratify CETA trade agreement with Canada

BY Reuters  • December 1, 2022December 1, 2022
BERLIN (Reuters) – Germany’s Bundestag lower house of parliament voted by a majority on Thursday to back the ratification of the European Union’s free trade agreement with Canada, fi[...]
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Business Canada Economy Environment Europe Politics

Dollar slips, while yuan slumps on COVID unrest in China

BY Reuters  • November 28, 2022November 28, 2022
By Rae Wee and Harry Robertson SINGAPORE/LONDON (Reuters) – The dollar weakened on Monday as investors weighed up the recent drop in U.S. government bond yields, while anti-government protests i[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Dollar edges up in range-bound holiday markets

BY Reuters  • November 25, 2022November 25, 2022
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar edged higher across the board on Friday in a quiet session following the U.S. Thanksgiving holiday but remained near multi-month lows as the[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Dollar extends losses as Fed minutes signal slower rate hikes

BY Reuters  • November 24, 2022November 24, 2022
By Samuel Indyk LONDON (Reuters) – The U.S. dollar extended losses on Thursday after the minutes from the Federal Reserve’s November meeting supported the view that the central bank would[...]
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Asia Australia Business Canada Economy Europe UK Updated US
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