Wholesale »

  • H.S. Borji

    Canadian wholesale sales advanced at a slower rate than forecast in June, but the pace of growth during the second quarter suggests the economy was stronger following a disappointing start to the year. Wholesale sales increased 0.6 percent in June to $53 billion, following an upwardly revised gain of 2.3 percent in May that was

  • H.S. Borji

    Canadian wholesale sales rebounded sharply in April, a sign the economy was expanding at a steady pace after a disappointing first quarter. Wholesale sales increased 1.2 percent in April to $51.2 billion, following a revised decline of 0.3 percent in March, Statistics Canada reported today in Ottawa. Economists forecast a gain of 0.6 percent. Sales

  • The Canadian dollar weakened Tuesday after wholesale sales unexpectedly declined in March following two consecutive months of gains. Canadian wholesale sales declined 0.4 percent to $50.5 billion in March, following a gain of 1.1 percent the prior month, Statistics Canada reported today in Ottawa. Economists forecast a gain of 0.4 percent. Excluding motor vehicle and

  • H.S. Borji

    The US service economy accelerated at a faster rate in April, with overall activity rising at the fastest rate since early 2008. The Institute for Supply Management’s gauge of national service activity rose from 53.1 to 55.2. A median estimate of market analysts called for a gain of 1 percentage point. The US service economy

  • The Canadian dollar was relatively unchanged in the early North American session as investors digested upbeat Canadian wholesale sales data and awaited latest US home sales figures. Canadian wholesale sales increased 1.1 percent in February, following a gain of 0.5 percent the previous month, Statistics Canada reported today in Ottawa. Economists forecast a gain of

  • Forex » Canada Wholesale Sales Sharply Higher
    April 22, 2014, 12:32 GMT

    Canada recorded higher Wholesale Sales figures during the month of February according to a release just published by Statistics Canada. The Month on month number has come in at 1.1% against a January reading of 0.8%. A print of just 0.7% had been expected. The Bank of Canada (BoC) last week left the economy’s benchmark