- XAUUSD
- XAGUSD
- WTI
- USDX
Markets
Analysis
User
24/7
Economic Calendar
Education
Data
- Names
- Latest
- Prev












Signal Accounts for Members
All Signal Accounts
All Contests


The US Dollar Fell About 70 Points Against The Japanese Yen (USD/JPY) In The Short Term, And Is Currently Trading At 161.70
Alumina 2609 Futures Fell Rapidly During The Session, With The Decline Widening To 1.92%, And The Latest Price Was 2867 Yuan/ton; The Trading Volume Was Approximately 4.332 Billion Yuan, With An Increase Of Nearly 8900 Lots In Open Interest During The Day, And The Market Volatility Increased
ECB President Christine Lagarde: The Eurozone Economy Is Between The ECB's Baseline Scenario And A More Moderate Scenario
European Central Bank President Christine Lagarde: Some Decoupling Has Already Occurred In The Short Term
European Central Bank President Christine Lagarde: We Have Observed A Certain Degree Of De-anchoring In Inflation Expectations
Vice Minister Of Commerce And Deputy Chief Negotiator For International Trade, Ling Ji, Met With A Delegation From The Asia-Pacific Medical Technology Association And Its Member Companies
European Central Bank President Christine Lagarde: We Will Not Use The Neutral Interest Rate Range As The Basis For Policy Decisions
Asphalt Futures Contract 2609 Weakened During The Session, With The Decline Widening To 3.37%, And The Latest Price Was 3785 Yuan/ton; The Trading Volume Was Approximately 6.417 Billion Yuan, With An Increase Of 18,600 Lots In Open Interest During The Day, Indicating A Significant Change In Open Interest
US President Trump: Of All The Statues And Fountains We've Rebuilt, Renovated, Cleaned, And Repaired, The Only One That Was Damaged Was The Reflecting Pool. The Problem With The Reflecting Pool Is Being Addressed As Quickly As Possible
U.S. Treasury Secretary Bessenter: Following Fruitful Talks In Switzerland, The U.S. Treasury Department Has Issued A 60-day Temporary General License Authorizing Iran's Oil Production And Sales
U.S. Treasury Department: General Licenses Do Not Authorize Transactions Involving Countries Such As Cuba And Ukraine
Fuel Oil Futures Contract 2609 Weakened During The Session, With The Decline Widening To 1.95%, And Last Quoted At 3063 Yuan/ton; The Trading Volume Was Approximately 1.164 Billion Yuan, With A Decrease Of Nearly 3400 Lots In Open Interest During The Day, And Open Interest Slightly Declined

Argentina Trade Balance (May)A:--
F: --
P: --
U.S. Weekly Treasuries Held by Foreign Central BanksA:--
F: --
P: --
South Korea PPI MoM (May)A:--
F: --
U.K. GfK Consumer Confidence Index (Jun)A:--
F: --
P: --
Japan National Core CPI YoY (May)A:--
F: --
P: --
Japan National CPI MoM (Not SA) (May)A:--
F: --
P: --
Japan National CPI YoY (May)A:--
F: --
P: --
Japan National CPI MoM (May)A:--
F: --
P: --
Japan CPI MoM (May)A:--
F: --
P: --
U.K. Retail Sales YoY (SA) (May)A:--
F: --
Germany PPI MoM (May)A:--
F: --
P: --
Germany PPI YoY (May)A:--
F: --
P: --
U.K. Core Retail Sales YoY (SA) (May)A:--
F: --
P: --
U.K. Retail Sales MoM (SA) (May)A:--
F: --
P: --
Turkey Capacity Utilization (Jun)A:--
F: --
P: --
Russia Key RateA:--
F: --
P: --
Canada Core Retail Sales MoM (SA) (Apr)A:--
F: --
Canada Retail Sales MoM (SA) (Apr)A:--
F: --
P: --
ECB Chief Economist Lane Speaks
Argentina Retail Sales YoY (Apr)A:--
F: --
P: --
China, Mainland 1-Year Loan Prime Rate (LPR)A:--
F: --
P: --
China, Mainland 5-Year Loan Prime RateA:--
F: --
P: --
Turkey Consumer Confidence Index (Jun)A:--
F: --
P: --
Canada National Economic Confidence IndexA:--
F: --
P: --
Canada Trimmed CPI YoY (SA) (May)A:--
F: --
P: --
Canada Core CPI YoY (May)A:--
F: --
P: --
Canada CPI MoM (May)A:--
F: --
P: --
Canada CPI YoY (May)A:--
F: --
P: --
Canada Core CPI MoM (May)A:--
F: --
P: --
ECB President Lagarde Speaks
FOMC Member Waller Speaks
Argentina Unemployment Rate (Q1)--
F: --
P: --
ECB Chief Economist Lane Speaks
Germany 2-Year Schatz Auction Avg. Yield--
F: --
P: --
U.K. CBI Industrial Prices Expectations (Jun)--
F: --
P: --
U.K. CBI Industrial Trends - Orders (Jun)--
F: --
P: --
Mexico Retail Sales MoM (Apr)--
F: --
P: --
Mexico Economic Activity Index YoY (Apr)--
F: --
P: --
U.S. Weekly Redbook Index YoY--
F: --
P: --
BOC Gov Macklem Speaks
U.S. Richmond Fed Manufacturing Composite Index (Jun)--
F: --
P: --
U.S. Richmond Fed Services Revenue Index (Jun)--
F: --
P: --
U.S. Richmond Fed Manufacturing Shipments Index (Jun)--
F: --
P: --
U.S. 2-Year Note Auction Avg. Yield--
F: --
P: --
Argentina GDP YoY (Constant Prices) (Q1)--
F: --
P: --
U.S. API Weekly Cushing Crude Oil Stocks--
F: --
P: --
U.S. API Weekly Crude Oil Stocks--
F: --
P: --
U.S. API Weekly Refined Oil Stocks--
F: --
P: --
U.S. API Weekly Gasoline Stocks--
F: --
P: --
Australia RBA Trimmed Mean CPI YoY--
F: --
P: --
Germany Ifo Current Business Situation Index (SA) (Jun)--
F: --
P: --
Germany IFO Business Climate Index (SA) (Jun)--
F: --
P: --
Germany Ifo Business Expectations Index (SA) (Jun)--
F: --
P: --
U.S. MBA Mortgage Application Activity Index WoW--
F: --
P: --
U.S. Current Account (Q1)--
F: --
P: --
U.S. New Home Sales Annualized MoM (May)--
F: --
P: --
U.S. Annual Total New Home Sales (May)--
F: --
P: --
U.S. EIA Weekly Heating Oil Stock Changes--
F: --
P: --
U.S. EIA Weekly Crude Oil Imports Changes--
F: --
P: --
U.S. EIA Weekly Gasoline Stocks Change--
F: --
P: --
U.S. EIA Weekly Crude Demand Projected by Production--
F: --
P: --













































No matching data
Bank of Canada warns of multi-year economic restructuring due to tariffs, demographics, and AI, posing policy dilemmas.
Bank of Canada Governor Tiff Macklem has issued a stark warning: the Canadian economy is facing a multi-year restructuring that could be painful. Speaking to the Empire Club in Toronto, Macklem outlined major challenges that will require significant adjustment from policymakers and businesses alike.
He cautioned that this transition will be measured in years, not quarters, and that economic growth will be modest throughout the process. "The transition could be faster than we expect," Macklem noted, "but it could also be more painful than we'd like."
Macklem identified three primary forces driving this necessary economic overhaul:
• U.S. Tariffs: Ongoing trade friction requires Canada to adapt its economic structure.
• Slower Population Growth: Changing demographics will impact the labor force and overall potential.
• Artificial Intelligence: The rise of AI presents both opportunities and disruptions that the economy must navigate.
He stressed that failure to adapt is not an option and urged leaders to do everything possible to manage these new realities. The situation could become particularly difficult if "the trade situation darkens or other shocks disrupt the economy."
This complex outlook creates a challenge for the Bank of Canada. The central bank recently held its key policy rate at 2.25% for the second consecutive time, stating that rates would remain steady as long as the economy performs as expected. However, Macklem acknowledged an unusually high level of uncertainty clouds this forecast.
A key difficulty for the bank is distinguishing between structural economic change and cyclical fluctuations. Misdiagnosing the cause of economic weakness could lead to policy errors.
For instance, lowering interest rates to combat what appears to be a cyclical downturn in demand could accidentally stoke inflation if the weakness is actually due to a lower productive capacity—a structural problem. Macklem added that overstimulating demand when the issue is structural could simply delay necessary and unavoidable economic adjustments.
Despite the headwinds, Macklem said he does not expect the jobless rate to trend higher. The Bank of Canada's forecasts suggest the nation's labor force will experience very little growth over the next few years.
Regarding artificial intelligence, Macklem noted that while it has the potential to significantly boost the economy, its adoption by Canadian companies remains modest. "It may be a while before we see a significant impact," he concluded.
The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
No decision to invest should be made without thoroughly conducting due diligence by yourself or consulting with your financial advisors. Our web content might not suit you since we don't know your financial conditions and investment needs. Our financial information might have latency or contain inaccuracy, so you should be fully responsible for any of your trading and investment decisions. The company will not be responsible for your capital loss.
Without getting permission from the website, you are not allowed to copy the website's graphics, texts, or trademarks. Intellectual property rights in the content or data incorporated into this website belong to its providers and exchange merchants.
Not Logged In
Log in to access more features
Log In
Sign Up