Retail sales rose 0.9% in March, exceeding the 0.6% estimate, while ex-autos sales climbed 1.4%. Canadian retail sales increased 0.9% in March, surpassing the 0.6% estimate, according to official data. Excluding autos, sales rose 1.4%, also above the 0.9% forecast, signali
The collaboration aims to launch crypto-settled perpetual futures tied to Brent and WTI crude benchmarks. Intercontinental Exchange (ICE) is collaborating with cryptocurrency exchange OKX to introduce perpetual oil futures. The new contracts will be underpinned by ICE’s be
April's Industrial Product Price Index rose faster than expected, signaling persistent inflationary pressures in manufacturing costs. Canada’s Industrial Product Price Index climbed 2.0% month-over-month in April, outpacing the 1.3% consensus forecast. The increase reflect
The Canadian investment firm can repurchase 10% of its public float, with limits on monthly purchases under TSX rules. Cymbria (CYB:CA) (CYMBF) has secured approval from the Toronto Stock Exchange to launch a normal course issuer bid. The company may purchase up to 1,556,4
Diplomatic efforts between the US and Iran yield cautious optimism, but key disputes over the Strait of Hormuz and uranium enrichment persist. The USD opened marginally higher in early US trading, reflecting cautious sentiment amid ongoing US-Iran negotiations. Secretary o
Nordea strategists forecast four ECB rate hikes this year while expecting the Fed to hold rates steady through 2025. Nordea strategists predict the Euro could gain against the Dollar as the European Central Bank delivers more rate hikes than markets currently price. The fi
U.S. executives in a Cleveland Fed survey express skepticism over the central bank’s ability to meet its inflation targets under Kevin Warsh. U.S. business leaders are voicing doubts about the Federal Reserve’s capacity to achieve its inflation objectives as Kevin Warsh as
The industrial machinery firm maintains its payout at $0.36 for the second straight quarter, yielding 0.47%. Kadant Inc. announced a $0.36 per share quarterly dividend, matching its previous payout. The dividend will be paid on August 13 to shareholders of record as of Jul
Telephone and Data Systems maintains its quarterly dividend at $0.04 per share, yielding 0.39% forward. Telephone and Data Systems (TDS) announced a $0.04 per share quarterly dividend, unchanged from its previous payout. The dividend will be payable on June 30 to sharehold
Markets show cautious optimism amid stalled US-Iran negotiations, with oil and equities reacting to geopolitical uncertainty. European equities closed mixed as investors weighed stalled US-Iran talks and economic data. The DAX rose 0.6% while the CAC 40 gained 0.3%, though
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