Indigenous economic power is seeing “hockey-stick growth” and is an opportunity, Indigenomics Institute CEO tells Scotiabank ...

Eat, shop, and not necessarily in that order. American Thanksgiving on Thursday and the 1pmET (NYSE) and 2pmET (bond market) closes the day before will likely mean that most of the week’s developments ...

The global line-up of calendar-based risks contains several gems but is generally in intermission between acts. A few emerging market central banks will weigh in with decisions and there is ...

On Thursday of last week—the day before the Economic Package presentation—the credit rating agency Moody’s changed Mexico’s credit rating outlook from stable to negative. The statement indicates that ...

Budget balance projections: -$11 bn (-1.8% of nominal GDP) in FY25, -$9.2 bn (-1.5%) in FY26 (all figures after deposits into Generations Fund)—a slight deterioration from Budget 2024 projections; a ...

Budget balance forecasts: $4.6 bn (1.0% of nominal GDP) in FY25—an improvement of $4.2 bn versus Budget 2024 (chart 1). Net debt: revised down by $4 bn in FY25; as a share of nominal output, net debt ...

In September, retail and wholesale activity signaled a further contraction in consumption. Retail sales dropped for the fifth consecutive month, this time by -1.5% y/y (vs -1.2% expected, -0.8% ...

Canadian CPI, m/m %, October, NSA: Actual: 0.4 / 2.0 Scotia: 0.4 / 2.0 Consensus: 0.3 / 1.9 Prior: -0.4 / 1.6 ‘Core’ gauges, m/m % SAAR: Trimmed mean CPI: 4.1 Weighted median CPI: 3.4 Avg of TM and WM ...

Canada’s consumers are alive and kicking and on track to post the strongest back-to-back quarterly gains in retail sales volumes in a decade (chart 1). The last time we saw 5%+ quarterly annualized ...

Stocks are mostly higher and sovereign bond yields mostly lower so far this morning. NA equity futures and European cash markets are broadly higher. Sovereign bonds are mostly bid with yields ...

Data released by DANE on Monday, November 18 th, showed that Colombia’s real GDP grew 2.0% y/y in Q3-2024, below the 2.3% expected by market consensus and BanRep’s forecast of 2.4%, and slightly above ...