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Adam Button

Canada August GDP +0.1% vs 0.0% expected

Prior was +0.1% m/mServices-producing industries +0.3%Goods-producing industries -0.3%Increases in the oil and gas extraction subsector, the manufacturing sector and the public sector were partially offset by declines in constructionAdvance Sept GDP +0.1%Advance Q3...

US PCE, employment cost index and Canadian GDP coming up

The US PCE report is due at the bottom of the hour and with the deflator low in yesterday's GDP report, there's scope for a downward surprise. That said, core PCE in the...

Timiraos leaking economic data as well now?

WSJ Fedwatcher Nick TImiraos is tweeting about economic data at the moment and warning that PCE inflation "is expected to be on the high side".Given that he leaked a softening in the Fed...

US stocks sink at the close and sink even further afterwards on earnings

Closing changes:S&P 500 -0.6%Nasdaq Comp -1.6%DJIA +0.6%Russell 2000 +0.1%About half the loss in the S&P 500 was directly due to the 25% decline in Meta and the news is even worse after hours...

Lagarde Q&A: We are deliberately turning our backs on forward guidance

> Lagarde Q&A: We are deliberately turning our backs on forward guidance ...

The longer the energy crisis lasts, the more permanent damage is done to Europe

If you don't have cheap energy or cheap labour, what do you have?Europe might be about to find out. Chemical giant BASF today said it will have to downside "permanently" in Europe due...

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