(eToro Blog) Canada reported increased CPI printing at 2.9% on an annual basis. The core CPI which excludes food and energy printed at 2.1% on an annualized basis. On a monthly basis, CPI rose 0.2% in October coming above market consensus of a 0.1% increase. The annual inflation rate eased from September draining hope for [...]
US and Canada 
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BOC’s Carney Says Liquidity Will Face Squeeze Due to Europe and Basel III
(eToro Blog) Bank of Canada governor Mark Carney sounded the alarm on global financial liquidity today in his speech to the Canada-United Kingdom Chamber of Commerce. Carney said that in the last five years, liquidity has seen a roller coaster ride. Starting with the free availability of cash before the housing bubble, then to the credit [...]
USD/CAD Rallies Over 170 Pips After BOC Rate Decision
(eToro Blog) Bank of Canada left interest rates unchanged at 1% in line with market expectations. The Bank of Canada in a statement said that the country’s economy will grow slower than expected due to the European debt crisis and U.S. slowdown. Canada is concerned about its exposure to the U.S. economy in light of [...]
