Real-time Financial News

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2024-10-30 Wednesday
  • 22:25:11

    French President Macron: We will continue to promote the restoration of power to Gaza hospitals. The situation is very urgent.

  • 22:17:17

    Egyptian President Sisi: French President Macron believes that asking Palestinians to move from their homes is not feasible.

  • 22:15:19

    Egyptian President Sisi said during a meeting with French President Macron that the transfer of Palestinians from the Gaza Strip to Egyptian territory would be "extremely dangerous."

  • 22:06:37

    Bank of Canada: The central bank’s preferred core inflation indicator shows weak downward momentum, and the central bank hopes to see downward momentum in core inflation.

  • 22:06:22

    Bank of Canada: In addition to rising mortgage interest costs, inflation in rent and other housing costs remains high.

  • 22:06:09

    Bank of Canada: Inflation forecast is 3.9% in 2023 (3.7% in July), 3.0% in 2024 (2.5% in July), and 2.2% in 2025 (2.1% in July).

  • 22:05:49

    The U.S. dollar against the Canadian dollar USD/CAD rose 40 points in the short term and is now at 1.3806.

  • 22:05:27

    Bank of Canada: Annualized GDP is expected to be 0.8% in the third quarter (1.5% in July) and 0.8% in the fourth quarter.

  • 22:05:11

    Bank of Canada: Overall, progress toward lower inflation has been slower than expected.

  • 22:04:50

    Bank of Canada: Inflation expectations remain high in the short term, and there is a risk that they may become a driver of wage and price setting behavior.

  • 22:04:38

    Bank of Canada: Growth forecasts are 1.2% in 2023 (1.8% in July), 0.9% in 2024 (1.2% in July), and 2.5% in 2025 (2.4% in July).

  • 22:03:41

    Bank of Canada: The central bank continues to remain vigilant as underlying inflation persists; the Palestinian-Israeli conflict is a new source of geopolitical uncertainty.

  • 22:03:23

    Bank of Canada: Continue to focus on supply and demand balance, inflation expectations, wage growth and corporate pricing behavior.

  • 22:03:12

    Bank of Canada: High interest rates are slowing inflation for many goods people buy on credit, and this is spreading to services.

  • 22:03:11

    Market news: Apple will increase the price of TV+ service from US$6.99 to US$9.99 per month.

  • 22:02:39

    Bank of Canada: Expected annualized GDP growth in the third and fourth quarters to be 0.8%.

  • 22:02:30

    Bank of Canada: CPI expectations and corporate pricing behavior will "gradually" return to normal in the short term.

  • 22:02:20

    Bank of Canada: There is growing evidence that past interest rate hikes are suppressing economic activity and easing price pressures.

  • 22:02:00

    Bank of Canada: Will further increase policy rates if necessary.

  • 22:01:42

    Bank of Canada: Food inflation has eased, housing costs remain high.

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