Canadian inflation rate disappoints markets in May

Source: WBP Online
© Reuters

Canada's Consumer Price Index dropped to 1.5% in May, following the previous month's 1.7%, Statisctics Canada announced on Friday. Meanwhile, analysts anticipated a slight decrease to 1.6% in the fifth month of the year. On an annual basis, the BoC's core CPI declined to 2.1% from April's 2.2%, in line with analysts' expectations.



Back to articles

Actual Topics

Fri, 17 Jun 2016 13:40:06 GMT

US stocks open in negative on Friday

US stock markets opened Friday's trading session slightly in the red, following mixed housing data. Thus, the Standard & Poor's 500 Index lost 0.12% to 2,075.45, whereas the Dow Jones Industrial Average Index dropped 0.13%, opening at 17,710.25, and the Nasdaq Composite Index declined 0.29%, starting at 4,830.75 points.

Fri, 17 Jun 2016 13:27:03 GMT

Housing starts beat expectations in May

Housing starts in the United States rose a to a seasonally adjusted annual figure of 1.164 million units in the fifth month of the year, surpassing the 1.15 million market forecast, the Department of Commerce  said on Friday. Meanwhile, April and March readings were revised to 1.167 million and 1.113 million starts respectively.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.