CAD

CAD is pumping stronger to open the new week

• USD/CAD back to 1.4400

CAD PM Trudeau expected to announce resignation before national caucus meeting Wednesday

• Canada PM Trudeau

Newsquawk Week Ahead: US NFP, FOMC Minutes, ISM Services PMI, China and EZ inflation

• Next week highlights include the December US and Canadian Jobs reports, Minutes from the December FOMC as well as the US ISM Services PMI. There will also be inflation reports from China, Europe, Australia, Switzerland, Sweden and Norway.

Canadian Dollar Futures Today

• Professional analysis of the Canadian Dollar futures trading map for Jan 03, 2025, with key price levels for investors and traders.

Canada December S&P Global PMI 52.2 vs 52.0 prior

• Canadian December manufacturing PMI from S&P Global

Canada November PPI +2.2% vs +1.1% y/y prior

• Canadian November producer price index data

Canada GDP for October 0.3% m/m vs 0.1% expected

• The Canada GDP for October 2024

Canadian PM Trudeau not planning to step down -- report

• Looks like an election will be called when parliament returns

Canada's NDP says they will vote to defeat the Liberal government

• That should be all

Canada October budget balance C$-1.49 billion vs previous C$-3.17 billion

Canada retail sales for October 0.6% versus 0.7% expected

• Canada retail sales for October 2024

Keep a close eye on Canadian politics today. Trudeau could step down

• Could this be the end of Trudeau

RBC card spending data shows softer Canadian spending ahead of today's retail sales report

• Card spending data trended lower in November

Canadian Prime Minister Justin Trudeau to further shuffle cabinet on Friday

• Global News report

The USDCAD retraces lower but finds support buyers ahead of support target

• Can the buyers keep the bias firmly in their favor