Dollar Gains After Retail Sales Boost; Gold Nears New Record
Dollar bounces higher in early US session, buoyed by stronger-than-expected retail sales data. This resilience […]
September 25 bps Fed Rate Cut Fully Discounted
Markets Fed Chair Powell in an interview at the Economic Club of Washington DC didn’t […]
The Weekly Bottom Line: U.S. – Inflation Cooling
U.S. Highlights U.S. inflation eased by more than expected in the month of June, raising […]
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. […]
Canada CPI slows to 2.7% yoy in June, down-0.1% mom
Canada’s CPI slowed from 2.9% yoy to 2.7% yoy in June. The deceleration was largely […]