Trends - Bank of Canada - Business Recorder

World

Canada loses 24,800 jobs, but January unemployment rate hits 16-month low

Full-time employment in January rose by 44,900 jobs while part time employment fell by 69,700 positions

Published 06 Feb, 2026 08:27pm

Markets

Canadian dollar gains against the greenback

TORONTO: The Canadian dollar strengthened to a near five-month high against its US counterpart on Wednesday as...

Published 29 Dec, 2025 05:16am

Markets

Stocks settle at new all-time high as IMF approves $1.2bn for Pakistan

Benchmark KSE-100 Index closes at 169,456.38

Updated 09 Dec, 2025 05:17pm

Print

Gold is set for another predictable week

The Federal Reserve’s interest rate decision is set to be the major highlight of the week. While the market is...

Published 08 Dec, 2025 02:51am

Markets

Canadian dollar gains against the greenback

TORONTO: The Canadian dollar strengthened by the most in six months against its US counterpart on Friday and bond...

Published 08 Dec, 2025 02:51am

Print

Impact of tariffs less severe than initially anticipated

This week might start off on a challenging note due to ongoing uncertainties surrounding the US federal government...

Updated 27 Oct, 2025 07:17am

Markets

Stocks hesitate in Asia with a lot riding on the Fed

MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.1%

Published 15 Sep, 2025 07:39am

Markets

Toronto stocks rise as soft inflation data boosts rate cut hopes

TORONTO: Canada’s main index edged up on Tuesday, helped by gains in industrials and telecom stocks, as...

Published 20 Aug, 2025 03:24am

Business & Finance

Bank of Canada holds key rate steady, but says a future cut is possible

OTTAWA: The Bank of Canada on Wednesday held its key benchmark rate at 2.75%, citing the need to probe the effects...

Published 04 Jun, 2025 08:29pm

Business & Finance

Canadian dollar heads for seventh straight weekly gain

TORONTO: The Canadian dollar moved closer on Thursday to a recent five-month high against its US counterpart as oil...

Published 19 Apr, 2025 05:45am

Business & Finance

Canadian dollar pares weekly gain

TORONTO: The Canadian dollar weakened against its US counterpart on Friday, giving back some of its weekly gain, as...

Published 07 Apr, 2025 02:49am

Business & Finance

Bank of Canada cuts rates to counter tariffs, will be cautious about future moves

OTTAWA: The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 2.75% and warned of “a new...

Published 12 Mar, 2025 07:38pm

World

Trump, not yet in office, already a figure in global economic policy

WASHINGTON: The world’s economic reckoning with the incoming administration of U.S. President-elect Donald Trump...

Published 19 Dec, 2024 08:23am

Business & Finance

Bank of Canada cuts rates by 50 bps, frets over possible Trump tariffs

OTTAWA: The Bank of Canada slashed its key policy rate by 50 basis points to 3.25% on Wednesday and indicated that...

Published 11 Dec, 2024 09:56pm

Markets

Aussie drops after RBA softens tone; US dollar steady before CPI

TOKYO: The Australian dollar sank towards a four-month low on Tuesday after the central bank softened its tone on...

Published 10 Dec, 2024 09:50am

Markets

Loonie, Aussie in focus while US dollar idles

SINGAPORE: The Canadian dollar and Australian dollar were in focus on Monday ahead of their central bank meetings...

Published 09 Dec, 2024 09:52am

Print

Canada economic growth slows

OTTAWA: Canada’s economic growth slowed in line with expectations to 1.0 percent in the third quarter, the ...

Published 30 Nov, 2024 06:26am

Business & Finance

Bank of Canada head raises prospect of rate cuts as growth fears mount, FT reports

Bank of Canada Governor Tiff Macklem opened the door to increasing the pace of interest rate cuts, the Financial...

Published 15 Sep, 2024 10:13am

Business & Finance

Canadian dollar falls against the greenback

TORONTO: The Canadian dollar weakened to a two-week low against its US counterpart on Friday as oil prices fell and...

Published 09 Sep, 2024 07:25am

Business & Finance

Bank of Canada cuts rates for third time in a row, frets over weak growth

OTTAWA: The Bank of Canada on Wednesday cut its key policy rate by 25 basis points to 4.25% as forecast but...

Published 04 Sep, 2024 09:07pm

Business & Finance

Canadian dollar posts longest losing streak in six years

TORONTO: The Canadian dollar weakened for an eighth straight day against its US counterpart on Friday as oil prices...

Published 29 Jul, 2024 06:37am

Markets

Nikkei little changed ahead of key US data

TOKYO: Japan’s Nikkei share average was little changed on Friday as investors sought further direction from a key...

Published 08 Jun, 2024 07:00am

Markets

Euro steadies ahead of ECB decision, dollar dips

SINGAPORE: The euro firmed a touch on Thursday ahead of a policy decision from the European Central Bank (ECB) where...

Published 06 Jun, 2024 09:58am

Markets

TSX falls near 1% as traders dial back rate cut expectations

Canada’s main stock index fell nearly 1% on Wednesday after the Bank of Canada (BoC) ruled out rate cuts until there...

Published 10 Apr, 2024 08:17pm

Business & Finance

Bank of Canada: can’t cut rates until it sees more inflation progress

OTTAWA: The Bank of Canada (BoC) kept its key interest rate unchanged at a near 23-year high of 5% on Wednesday and...

Published 10 Apr, 2024 07:58pm

Business & Finance

Bank of Canada keeps rates on hold, says too early to consider a cut

OTTAWA: The Bank of Canada (BoC) kept its key overnight rate steady at 5% on Wednesday as expected and said it was...

Published 06 Mar, 2024 09:07pm

Business & Finance

Economists pilloried for getting forecasts wrong

PARIS: Economists are taking flak after missing the mark on inflation, failing to anticipate disruptions in global...

Updated 04 Feb, 2024 10:10pm

Business & Finance

Dollar touches 2-week high, euro weaker

NEW YORK: The US dollar touched a two-week high on Wednesday, while the euro was weak across the board as markets...

Published 07 Dec, 2023 04:35am

Business & Finance

US dollar gains as risk sentiment sours

NEW YORK: The US dollar edged higher against a basket of currencies on Wednesday, as investors’ appetite for...

Published 26 Oct, 2023 06:08am

Markets

J.P.Morgan, Goldman Sachs expect Canada central bank to hold rates next week

J.P.Morgan and Goldman Sachs now expect the Bank of Canada to keep policy rates unchanged at 5% for the second...

Published 18 Oct, 2023 12:19pm