Canadian New Housing Price Index MoM (Dec) M/M -0.2% vs. Exp. -0.2% (Prev. 0.0%)
The Canadian New Housing Price Index's MoM decline of 0.2% aligns with expectations, indicating no surprise in the market.
US President Trump's Greenland deal reportedly allows NATO to increase security in the Arctic region; framework entails the establising of US missiles and mining rights, via Bloomberg
France says board of peace charter does not correspond with UN Gaza resolution, some elements contrary to UN charter; will not join board of peace for now
Canadian New Housing Price Index MoM (Dec) M/M -0.2% vs. Exp. -0.2% (Prev. 0.0%)
US President Trump says will probably be issuing dividend if they win tariff case; will be paying off debt if win SCOTUS tariff case
Vitol is reportedly making preparations to begin fuel oil exports from Venezuela, according to sources
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This print underscores the ongoing challenges in the housing sector, potentially influencing the central bank's stance on rates as it reflects softening demand. Traders should watch for implications on inflation and broader economic growth as this data feeds into the overall economic outlook.
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