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Robert Kavcic, capital markets economist at BMO, says Canada has clearly moved beyond two consecutive quarters of GDP weakness as a strong net trade recovery—driven by higher oil prices—supports growth. Statistics Canada's May trade report showed exp

2026-07-07

Robert Kavcic, capital markets economist at BMO, says Canada has clearly moved beyond two consecutive quarters of GDP weakness as a strong net trade recovery—driven by higher oil prices—supports growth. Statistics Canada's May trade report showed exports rose 0.9% and were up 26% YoY, with energy sales accounting for most of the gain. Despite weak volumes in May, Kavcic expects net trade to boost Q2 GDP by up to 2.0 percentage points.

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2026-07-08

According to Iran's Fars News Agency, Iranian Major General Razai stated that it is clear the United States will cause the negotiations to fail.

According to Iran's Fars News Agency, Iranian Major General Razai stated that it is clear the United States will cause the negotiations to fail.
2026-07-08

The winning bid percentage for the 3-year U.S. Treasury bond auction up to July 7 was 2.17%, compared to 42.92% previously.

The winning bid percentage for the 3-year U.S. Treasury bond auction up to July 7 was 2.17%, compared to 42.92% previously.
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