Major US stock indices are opening lower despite better earnings to kickstart the earnings calendar. Worries about US/China relations, and the US government shutdown leading …
The fresh salvos in the trade war have the market pricing in 49.3 bps in easing this year, which would get the Fed to 3.50-3.75%. …
The USDCAD is making a decisive “break for it” with a move above the 38.2% retracement of the 2025 trading range at 1.40212. That level …
Global 2025: 3.2% vs 3.0% Global 2026: 3.1% vs 3.1% U.S. 2025: 2.0% vs 1.9% U.S. 2026: 2.1% vs 2.0% IMF says U.S. outlook aided …
The US Ambassador To NATO just said to expect a ‘big’ Ukraine weapons announcements tomorrow. I don’t think it’s a mystery as to what it …
Prior was -0.1% (revised to -1.1%) Permits down 5.9% y/y Residential -2.4% m/m The Canadian construction pipeline is going to slow dramatically in the year …
The USD is mixed with the EURUSD down marginally (higher USD), the USDJPY lower (lower USD) and the GBPUSD the biggest moveer with a decline …
Current view is a preponderance of downside risks Upside risks to inflation low compared to the downward trajectory in output and inflation fundamentals I see …