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Macklem speech: Timing of any further interest rate cuts will depend on data
Tiff Macklem, Governor of the Bank of Canada (BoC), explains the BoC decision to lower the interest rate by 25 basis points to 4.75% after the June policy meeting and responds to questions from the press.
Fxstreet
Jun 5, 2024
US ISM Services PMI rises to 53.8 in May vs. 50.8 expected
Business activity in the US service sector expanded in May, with the ISM Services PMI recovering to 53.8 from 49.4 in April.
Fxstreet
Jun 5, 2024
United States ISM Services PMI above expectations (50.8) in May: Actual (53.8)
United States ISM Services PMI above expectations (50.8) in May: Actual (53.8)
Fxstreet
Jun 5, 2024
United States ISM Services New Orders Index increased to 54.1 in May from previous 52.2
United States ISM Services New Orders Index increased to 54.1 in May from previous 52.2
Fxstreet
Jun 5, 2024
United States ISM Services Prices Paid down to 58.1 in May from previous 59.2
United States ISM Services Prices Paid down to 58.1 in May from previous 59.2
Fxstreet
Jun 5, 2024
United States ISM Services Employment Index up to 47.1 in May from previous 45.9
United States ISM Services Employment Index up to 47.1 in May from previous 45.9
Fxstreet
Jun 5, 2024
United States S&P Global Composite PMI above forecasts (54.4) in May: Actual (54.5)
United States S&P Global Composite PMI above forecasts (54.4) in May: Actual (54.5)
Fxstreet
Jun 5, 2024
United States S&P Global Services PMI meets forecasts (54.8) in May
United States S&P Global Services PMI meets forecasts (54.8) in May
Fxstreet
Jun 5, 2024
Canada BoC Interest Rate Decision in line with forecasts (4.75%)
Canada BoC Interest Rate Decision in line with forecasts (4.75%)
USD/CAD
Fxstreet
Jun 5, 2024
Canada Labor Productivity (QoQ) came in at -0.3% below forecasts (0.4%) in 1Q
Canada Labor Productivity (QoQ) came in at -0.3% below forecasts (0.4%) in 1Q
Fxstreet
Jun 5, 2024
US ADP private sector employment increases 152,000 in May vs. 173,000 expected
Private sector employment in the US rose by 152,000 in May and annual pay was up 5%, the Automatic Data Processing (ADP) reported on Wednesday.
Fxstreet
Jun 5, 2024
United States ADP Employment Change came in at 152K, below expectations (173K) in May
United States ADP Employment Change came in at 152K, below expectations (173K) in May
Fxstreet
Jun 5, 2024
Mexico Consumer Confidence s.a down to 46.7 in May from previous 47.3
Mexico Consumer Confidence s.a down to 46.7 in May from previous 47.3
USD/MXN
Fxstreet
Jun 5, 2024
Mexico Consumer Confidence: 46.7 (May) vs previous 47.7
Mexico Consumer Confidence: 46.7 (May) vs previous 47.7
USD/MXN
Fxstreet
Jun 5, 2024
United States MBA Mortgage Applications: -5.2% (May 31) vs -5.7%
United States MBA Mortgage Applications: -5.2% (May 31) vs -5.7%
Fxstreet
Jun 5, 2024
ECB’s Kazimir believes that central bank is nearing its first interest rate cut
European Central Bank (ECB) policymaker and Slovakian central bank Governor Peter Kazimir said on Wednesday, he “believes that ECB is nearing its first interest rate cut.” “Inflation is on a good trajectory,” Kazimir said while presenting the Slovakian central bank's financial stability report (FSR).
Fxstreet
Jun 5, 2024
United Kingdom S&P Global/CIPS Services PMI in line with forecasts (52.9) in May
United Kingdom S&P Global/CIPS Services PMI in line with forecasts (52.9) in May
GBP/USD
Fxstreet
Jun 5, 2024
United Kingdom S&P Global/CIPS Composite PMI came in at 53, above expectations (52.8) in May
United Kingdom S&P Global/CIPS Composite PMI came in at 53, above expectations (52.8) in May
GBP/USD
Fxstreet
Jun 5, 2024
Spain HCOB Services PMI came in at 56.9, above expectations (56) in May
Spain HCOB Services PMI came in at 56.9, above expectations (56) in May
Fxstreet
Jun 5, 2024
France Industrial Output (MoM) in line with expectations (0.5%) in April
France Industrial Output (MoM) in line with expectations (0.5%) in April
Fxstreet
Jun 5, 2024
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