Is The Bank Of Canada Done Easing?
Some unexpectedly strong employment estimates from Statistics Canada last Friday caused markets to reprice abruptly.
Consumer Credit Growth Remains Tepid Signaling Consumer Stress
Consumer borrowing remained tepid in October, possibly indicating that Americans are feeling increasing financial stress.
$9.5 Trillion Per Day: Foreign Exchange Markets
The size of the global economy in 2025 is about $117 trillion, according to the IMF. The volume of trading in foreign exchange markets is now up to $9.5 trillion per day, according to the Bank of International Settlements (BIS).
