22:20:00
The U.S. EIA crude oil inventory, Cushing crude oil inventory, and strategic petroleum reserve inventory for the week ending July 19 will be announced in ten minutes.
22:00:16
The total number of new home sales in the United States in June was 617,000 units on an annualized basis, the lowest since November 2023.
22:00:04
The annualized monthly rate of new home sales in the United States in June was -0.6%, in line with expectations of 3.40% and the previous value of -11.30%.
22:00:03
The Nasdaq 100 index fell more than 2%, Nvidia (NVDA.O) fell more than 3%, Apple (AAPL.O) fell 1.6%, and Alphabet (GOOG.O) fell more than 3%.
21:57:35
U.S. stocks opened lower and fell throughout the day, with the Nasdaq down 2%, the S&P 500 down 1.5%, the Dow down 0.8%, and Tesla (TSLA.O) down more than 12%.
21:56:58
Bank of Canada: Monetary policy decisions will be guided by incoming information and our assessment of its implications for the inflation outlook.
21:56:51
According to Interfax: The Russian Ministry of Defense said that it has urgently dispatched fighter jets in response to three British planes flying over the Black Sea.
21:55:37
Canadian money markets are pricing in about a 50% chance that the Bank of Canada will cut interest rates again in September.
21:52:52
Bank of Canada: The expected slowdown in the U.S. economy is becoming a reality and U.S. inflation appears to have returned to a downward track.
21:47:53
Bank of Canada: Downside risks become more important in policy decisions.
21:47:42
Bank of Canada Governor Macklem: I am increasingly confident that the factors that will push the consumer price index back to 2% are in place
21:47:11
Bank of Canada Governor Macklem: Household savings increased and spending on discretionary items decreased.
21:46:58
Bank of Canada: GDP growth is expected to return to above potential levels in 2025.
21:46:41
Bank of Canada Governor Macklem reiterated that further interest rate cuts are likely if inflation continues to slow.
21:46:30
Bank of Canada: Inflation is expected to reach the 2% target by the end of 2025.
21:46:20
Bank of Canada Governor Macklem said: It is necessary to strike a balance between the upward risks to inflation and the weak economic backdrop.
21:46:09
Bank of Canada: GDP is forecast to grow by 1.5% in the second quarter and 2.8% in the third quarter.
21:46:04
Bank of Canada: The Consumer Price Index (CPI) is expected to average 2.3% in the third quarter, and the core Consumer Price Index is expected to average 2.5% in the second half of the year.
21:45:53
Bank of Canada: Household consumption is weak.
21:45:43
Bank of Canada: Spare capacity in the economy has increased.