NY Manufacturing Index Soars to Highest on Record, Prices Accelerate to Unprecedented Level
The index measuring manufacturing levels in New York soared to the highest on record, echoing a strong acceleration in orders
Read more
Macro
Canadian Housing Starts Trend Lower in June
Housing starts across Canada cooled slightly in June, but still remained elevated as real estate activity maintains its momentum well
Read more
Janet Yellen Says US Economy Will See ‘Several More Months of Rapid Inflation’ Before Moderating
Treasury Secretary Janet Yellen has finally acknowledged that surging price levels are a lot higher than expected, but said that
Read more
Canadian Manufacturing Sales Slump in May Amid Supply Chain Issues
Manufacturing sales across Canada slumped for the second consecutive month in May, as companies continue to face numerous supply chain
Read more
The Great Rotation Is Coming To Natural Resources – The Daily Dive
For our final episode of the trading week, we are joined on the Daily Dive by that of Tavi Costa,
Read more
Industrial Product Price Index Declines for First Time Since November 2020
Following what were several months of skyrocketing price increases, the Industrial Product Price Index (IPPI) fell by 0.4% in June,
Read more
Jerome Powell Once Again Defends Fed’s Dovish Response to Surging Inflation
Fed Chair Jerome Powell spent Wednesday and Thursday defending the central bank’s ultra-dovish monetary policy, as he faced a bombardment
Read more
Canadian Home Sales Down For Third Straight Month in June
Home sales across Canada slumped for the third consecutive month in June, as the real estate market cooled off from
Read more
Building Construction Investment Cools Off 1.9% in May
Investments into Canadian building construction fell slightly in May, marking the first decline in seven months. According to Statistics Canada,
Read more
European Central Banks Throw Shade At Bitcoin, Launch Digital Euro Project
The European central bank is evidently focused on the topic of digital currencies. This morning, the Governing Council of the
Read more