Economic Indicators

How U.S. dollar, trade talks are affecting currencies

Currencies are moving based on both fundamentals and trade disputes

By Katie Keir |August 8, 2018

3 min read

Saudi Arabia reportedly directing selloff of Canadian assets

According to a report by Financial Times

By The Canadian Press |August 8, 2018

1 min read

Pace of U.S. consumer borrowing slowed in June

Americans increased their borrowing in June at the slowest annual pace in three months as the level of credit card debt fell slightly. The Federal Reserve says consumer debt rose a seasonally adjusted $10.2 billion in June from the prior month to a total of $3.91 trillion. Consumer borrowing increased at an annual rate of […]

By Josh Boak, The Associated Press |August 7, 2018

1 min read

Canadian exports surge while U.S. trade deficit widens

Canada’s merchandise trade deficit with the rest of the world shrank dramatically in June to $626 million, the smallest in 17 months, while the U.S. trade deficit widened—including politically sensitive trade gaps with China, Mexico and Canada. Statistics Canada says the improvement was due to a 4.1% increase in exports compared with May, to a […]

By Wire services |August 3, 2018

3 min read