Australia’s c. bank under pressure to ease rates
Australia's central bank is under pressure to ease its monetary policy soon as government relief measures lower…
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Canada
Canadian home sales drop 0.7 in July – CREA
Canada's housing market displayed signs of stability as sales decreased by 0.7 per cent in July from June.
URGENT: OPEC+ lowers ’24 oil demand forecast
OPEC+ has revised its oil demand forecast for 2024, lowering it by 135 thousand barrels per day (tb/d) to 2.1…
Oil, gold boost Canada’s $461m trade surplus in June
Canada posted a trade surplus of C$638 million ($461 million) in June, driven by strong exports of oil and gold.
Canada mulls tariffs on Chinese EV imports
Canada is considering imposing tariffs on Chinese electric vehicle (EV) imports, with support from General Motors…
US manufacturing sector suffers first contraction in seven months
The US manufacturing sector faced a downturn in July, as reported by the S&P Global US Manufacturing PMI.
Oil prices rebound as US inventories drop
Oil prices bounced back on Wednesday driven by a decline in US crude inventories and growing supply concerns due to…
Canada achieves soft landing – IMF
The International Monetary Fund (IMF) has assessed Canada's economic performance as a soft landing.
Canadian housing market falls 9% in June
Canadian housing market starts in June fell by nine per cent from the previous month, with a decline in…
Canada to explore trade barriers against Chinese vehicles next week
Canada's Finance Minister, Chrystia Freeland, will discuss potential trade barriers against Chinese-made vehicles…
