Weekly Economic & Financial Commentary: Balanced Risks Drive the FOMC Closer to a September Rate Cut
Summary United States: Fed’s Challenge: Making Sure Fire Is Out vs. Water Damage We learned […]
June Inflation Report and BOS Survey Set the Stage for BoC’s Next Rate Cut
The Bank of Canada’s quarterly Business Outlook Survey (BOS) and June’s inflation data will be […]
A September Fed Rate Cut Could Lead to Easing Spree During end-2024
Market prices in at least two rate cuts from Fed ECB, BoE expected to follow […]
Week Ahead – ECB Set to Hold Rates, Plethora of Data on the Way
ECB is not expected to cut in July but will it signal one for next […]
USD/CAD Price Outlook: 200-day MA Holds Ahead of US CPI Release
USD/CAD has been range-bound, reflecting US Dollar Index consolidation and potential rate differential between Canada […]
The Weekly Bottom Line: Gearing Down
U.S. Highlights This week’s data all flashed signs of an economy slowly gearing down. Both […]
Softer U.S. Inflation Expected in June Ahead of Another Hold from Fed
June’s consumer price index data for the U.S. will be key in revealing whether the […]
Canada’s Job Market Softens Further in June
Canadian employment was essentially unchanged in June (-1.6k), disappointing expectations for a modest 25k gain. […]
Yen Hits Multi-Decade Lows, Euro Bounces Back, Dollar Remains Indecisive
Yen remained in the spotlight last week, dominating headlines even as some significant global inflation […]
The Weekly Bottom Line: Services Spending and Prices Starting to Settle
U.S. Highlights Headline PCE inflation came in flat for the month of May and core […]
Labour Markets in Canada and the U.S. to Show Key Signs of Weakness
Central banks in Canada and the United States will be closely watching labour market data […]
Canada’s employment falls -1.4k in Jun, unemployment rate rises further to 6.4%
Canada’s employment contracted -1.4k in June, much worse than expectation of 25.0k growth. Unemployment rate […]