The Consumer Price Index (CPI) of the eurozone came in below expectations in August, after the revised data showed that inflation rose by a smaller 0.1 percent against the flash estimate of a 0.2-percent increase.
US tariffs are starting to take a toll on the Chinese economy, with the September manufacturing PMI stalling at 50.0 after expanding for 15 months in a row
The Bank of Canada (BoC) in its final monetary-policy committee (MPC) meeting for the year left benchmark interest rates on hold at 1.0 percent and the bank rate at 1.25 percent after raising them for the first time in seven years by 25 basis points in July and September respectively.
The Bank of Canada (BOC) in its monetary-policy meeting in September increased the key interest, or overnight, rate by 25 basis points to 1.00 percent, surprising a large number of market experts who were expecting a rate hike later in the year.
Global crude-oil production has risen about 30 percent this century; expanding from around 75 million barrels per day in 2000 to 95 million barrels in 2016, with the top 10-producing countries accounting for more than 60 percent of the total production.
Written By: Mary Windsor – Forex Focus Amid fears surrounding the country’s overheated housing market, the Canadian banking sector exceeded…