net_left Phương Thức Thanh Toán

Canadian firms expect mild recession and inflation to remain high

17 Tháng Giêng 2023
Canadian firms expect mild recession and inflation to remain high © Reuters. FILE PHOTO: People are seen shopping at a supermarket in Ottawa, Canada July 13, 2022. REUTERS/Patrick Doyle

By Steve Scherer and David Ljunggren

OTTAWA (Reuters) - Most Canadian businesses expect a mild recession over the next year because higher interest rates are curbing investment plans and consumer spending, while at the same time more see inflation staying high for longer, the Bank of Canada said on Monday.

Business sentiment continued to weaken in the fourth quarter and expectations for slower sales growth increased for a fourth consecutive quarter, according to a quarterly survey. Some two-thirds of firms expect a recession over the next 12 months, with 90% of those expecting it to be mild.

Almost 30% of firms see sales falling over the next year, mainly because of weakening domestic demand. Several businesses said rising interest rates were slowing household demand and housing market activity.

When it hiked rates in December at its last policy meeting to 4.25% - the highest level in almost 15 years - the Bank of Canada said it would study economic data to gauge whether to raise interest rates further.

"The Bank of Canada's aggressive rate hikes through 2022 have clearly weighed on economic sentiment among both businesses and consumers," Shelly Kaushik, an economist at BMO Capital Markets, said in a note.

"However, still-elevated inflation expectations will keep the Bank on alert. This survey is consistent with our call of a 25 basis-point rate hike at next week’s meeting, after which we anticipate the Bank will hold interest rates steady through the remainder of 2023," she said.

December consumer price figures will be released on Tuesday, and the Bank of Canada will publish new forecasts and its next policy decision on Jan. 25.

The Canadian 2-year yield fell 9.5 basis points to 3.585%, its lowest in more than four months. The Canadian dollar was trading 0.1% higher at 1.3388 to the greenback, or 74.69 U.S. cents.

In his most recent remarks, Bank of Canada Governor Tiff Macklem cited the risk of sticky - or persistent - inflation, which might require "much higher" rates.

The survey showed that 84% of firms expect inflation to remain above 3% for the next two years, up from 77% in the third quarter.

Canada's annual inflation rate eased to 6.8% in November as gasoline prices rose more slowly, still well above the central bank's 2% target, data showed last month.

Around 71.5% of consumers also expect "a mild to moderate recession" and just under half of those expect it to be "moderate in severity and length", according to a separate quarterly survey.

Almost 64% of consumers said they would reduce spending and save more to cope with inflation and rising interest rates. Consumer expectations for inflation one year from now rose to 7.18%, a record, according to the central bank.

Để lại bình luận
Hot Auto Trade Bot Phương Thức Thanh Toán
BROKERS ĐƯỢC CẤP PHÉP
net_home_top Ai VIF
28-01-2023 03:24:49 (UTC+7)

EUR/USD

1.0870

-0.0019 (-0.17%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (10)

EUR/USD

1.0870

-0.0019 (-0.17%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (10)

GBP/USD

1.2392

-0.0014 (-0.11%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (8)

USD/JPY

129.88

-0.32 (-0.25%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (3)

Sell (8)

AUD/USD

0.7110

-0.0004 (-0.06%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (1)

USD/CAD

1.3304

-0.0016 (-0.12%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (9)

Sell (0)

EUR/JPY

141.18

-0.61 (-0.43%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (2)

Sell (5)

EUR/CHF

1.0013

-0.0008 (-0.07%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (2)

Gold Futures

1,929.80

-0.20 (-0.01%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

Silver Futures

23.700

-0.320 (-1.33%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (8)

Copper Futures

4.2257

-0.0418 (-0.98%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (0)

Sell (8)

Crude Oil WTI Futures

79.48

-1.53 (-1.89%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (3)

Sell (4)

Brent Oil Futures

86.37

-1.10 (-1.26%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (8)

Natural Gas Futures

2.875

+0.027 (+0.95%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (1)

US Coffee C Futures

169.25

+2.10 (+1.26%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (7)

Euro Stoxx 50

4,178.01

+4.03 (+0.10%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

S&P 500

4,087.90

+27.47 (+0.68%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (0)

Sell (7)

DAX

15,150.03

+17.18 (+0.11%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (1)

FTSE 100

7,765.15

+4.04 (+0.05%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (1)

Hang Seng

22,688.90

+122.12 (+0.54%)

Summary

Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (2)

Sell (2)

US Small Cap 2000

1,915.35

+17.39 (+0.92%)

Summary

Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (3)

Sell (3)

IBEX 35

9,060.20

+24.60 (+0.27%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (9)

Sell (0)

BASF SE NA O.N.

52.790

+0.170 (+0.32%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Bayer AG NA

56.28

+0.24 (+0.43%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (3)

Allianz SE VNA O.N.

221.65

+0.05 (+0.02%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Adidas AG

148.30

+3.02 (+2.08%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (7)

Deutsche Lufthansa AG

9.755

+0.028 (+0.29%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (10)

Sell (0)

Siemens AG Class N

144.50

+0.44 (+0.31%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (10)

Sell (1)

Deutsche Bank AG

12.340

+0.208 (+1.71%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

 EUR/USD1.0870↑ Sell
 GBP/USD1.2392↑ Sell
 USD/JPY129.88↑ Sell
 AUD/USD0.7110↑ Buy
 USD/CAD1.3304Neutral
 EUR/JPY141.18Sell
 EUR/CHF1.0013↑ Buy
 Gold1,929.80↑ Sell
 Silver23.700Sell
 Copper4.2257Sell
 Crude Oil WTI79.48↑ Sell
 Brent Oil86.37↑ Sell
 Natural Gas2.875↑ Buy
 US Coffee C169.25Sell
 Euro Stoxx 504,178.01↑ Buy
 S&P 5004,087.90Neutral
 DAX15,150.03↑ Buy
 FTSE 1007,765.15↑ Buy
 Hang Seng22,688.90Buy
 Small Cap 20001,915.35Buy
 IBEX 359,060.20↑ Buy
 BASF52.790↑ Buy
 Bayer56.28↑ Buy
 Allianz221.65↑ Buy
 Adidas148.30Sell
 Lufthansa9.755↑ Buy
 Siemens AG144.50↑ Buy
 Deutsche Bank AG12.340↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,720/ 6,820
(0/ 0) # 1,331
SJC HCM6,750/ 6,850
(0/ 0) # 1,361
SJC Hanoi6,750/ 6,852
(0/ 0) # 1,363
SJC Danang6,750/ 6,852
(0/ 0) # 1,363
SJC Nhatrang6,750/ 6,852
(0/ 0) # 1,363
SJC Cantho6,750/ 6,852
(0/ 0) # 1,363
Cập nhật 28-01-2023 03:24:55
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,929.89-0.68-0.04%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V23.01023.470
RON 95-III22.15022.590
E5 RON 92-II21.35021.770
DO 0.05S21.63022.060
DO 0,001S-V23.39023.850
Dầu hỏa 2-K21.80022.230
ↂ Giá dầu thô thế giới
WTI$79.64+1.61.97%
Brent$86.15+1.231.40%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.260,0023.630,00
EUR24.857,5526.249,47
GBP28.270,1829.475,66
JPY175,71186,02
KRW16,4320,02
Cập nhật lúc 18:54:25 27/01/2023
Xem bảng tỷ giá hối đoái
Phương Thức Thanh Toán