The Canadian dollar’s best rally in 2 1/2 years will run out of steam before the currency revisits its high for 2014, the nation’s biggest lender predicts.
Russian President Vladimir Putin comments on Ukraine’s energy debt to Russia in a letter to the leaders of 18 European nations that import Russian natural gas.
The recent decline in the Chinese yuan was a product of market forces, said central bank Deputy Governor Yi Gang, addressing speculation that it was policy makers that engineered the depreciation.
Barbados trade deficit widened to 185.9 million BDS$ in February from the same time last year, according to the Central Bank in Bridgetown.
Britain’s trade deficit narrowed in February as a drop in imports, driven by aircraft, outpaced a decline in exports.
The International Monetary Fund and World Bank will hold their spring meetings in Washington as finance ministers and central bankers from the Group of 20 plan a parallel gathering.
Canada’s merchandise trade balance swung to a surplus in February, with rising exports of automobiles and energy outpacing record imports.
Canada’s dollar gained to the strongest level in more than six weeks after the economy added more jobs than forecast in March, rebounding from a decline the previous month, and the unemployment rate unexpectedly fell.
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South Africa posted its third trade surplus in four months in February as a weaker rand stoked exports and curtailed imports.
BMO's Gregory Discusses Initial Jobless Claims
Brusuelas Discusses March Trade Balance Report