The post Canada Gross Domestic Product (MoM) registered at -0.1%, below expectations (0%) in March appeared on BitcoinEthereumNews.com.
Gold attracts fresh buying interest for a second consecutive day, this time surpassing the key $4,500 zone per troy ounce. The precious metal’s upside momentum appears limited as investors await greater clarity on the evolving US-Iran negotiations, while expectations that the Fed will maintain a hawkish stance continue to temper demand for the yellow metal. Source: https://www.fxstreet.com/news/canada-gross-domestic-product-mom-registered-at-01-below-expectations-0-in-march-202605291230
The unexpected PMI surge suggests a robust manufacturing recovery, potentially influencing national economic forecasts and Fed policy decisions.
The post Chicago PMI surges to 62.7, demolishing forecasts and signaling manufacturing rebound appeared first on Crypto Briefing.
Rising inflation complicates monetary policy, potentially delaying rate cuts and impacting risk assets like crypto due to higher borrowing costs.
The post US inflation hits three-year high as energy prices surge, complicating Fed rate cut timeline appeared first on Crypto Briefing.
Gold's fluctuating value amid geopolitical shifts highlights the complex interplay between global tensions and market stability.
The post Gold gains on US-Iran ceasefire optimism, but still set for monthly drop appeared first on Crypto Briefing.
The post Canada annualized Gross Domestic Product contracts 0.1% in Q1 appeared on BitcoinEthereumNews.com.
Canada’s Gross Domestic Product (GDP) was unchanged on a quarterly basis in the first quarter of 2026 following the 0.2% contraction recorded in the last quarter of 2025, Statistics Canada reported on Friday. In this period, the annualized GDP declined by 0.1%, falling short of the market expectation for a growth of 1.5%. On a monthly basis, the GDP contracted by 0.1% in March. Market reaction USD/CAD edged higher with the immediate reaction to disappointing GDP data and was last seen rising 0.25% on the day at 1.3820. GDP FAQs A country’s Gross Domestic Product (GDP) measures the rate of growth of its economy over a given period of time, usually a quarter. The most reliable figures are those that compare GDP to the previous quarter e.g Q2 of 2023 vs Q1 of 2023, or to the same period in the previous year, e.g Q2 of 2023 vs Q2 of 2022. Annualized quarterly GDP figures extrapolate
The Fed's steady policy stance suggests stability in economic conditions, but future shifts depend on evolving inflation and employment data.
The post Fed’s Paulson affirms current policy stance, no rate cut urgency appeared first on Crypto Briefing.
The post United States Wholesale Inventories below expectations (0.6%) in April: Actual (0.5%) appeared on BitcoinEthereumNews.com.
Gold attracts fresh buying interest for a second consecutive day, this time surpassing the key $4,500 zone per troy ounce. The precious metal’s upside momentum appears limited as investors await greater clarity on the evolving US-Iran negotiations, while expectations that the Fed will maintain a hawkish stance continue to temper demand for the yellow metal. Source: https://www.fxstreet.com/news/united-states-wholesale-inventories-below-expectations-06-in-april-actual-05-202605291230
Canada's economic contraction may lead to prolonged investor caution, potential policy shifts, and challenges in sustaining growth amid global pressures.
The post Canada enters technical recession as spending declines appeared first on Crypto Briefing.
Yardeni's bold forecast suggests a transformative economic era, potentially reshaping investment strategies and market dynamics by 2029.
The post Yardeni Research forecasts S&P 500 and gold to hit 10,000 by decade’s end appeared first on Crypto Briefing.