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Canadian Highlights The Bank of Canada delivered a quarter-point interest rate cut, but indicated it is comfortable with the current policy rate, making further cuts unlikely in the near term. Export-reliant sectors continue to struggle in the face of U.S. tariffs. The federal budget is due next week and expected to lay the groundwork for […]

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Markets Weekly Outlook – BoE Meeting in Focus, US Government Shutdown Continues

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17/08/2024

Weekly Economic & Financial Commentary: Fishing in Jackson Hole for Clues About the Fed Rate Path

Summary United States: Solid Activity Raises Questions About the Degree of Policy Easing Financial markets were volatile last week as they digested a troubling rise in the unemployment rate in July. The economic calendar this week was packed with solid data that helped quell recession jitters. Inflation continues its gradual descent, and small business optimism […]
11/06/2025

Prices in the US Rising More Slowly than Expected, Putting Pressure on Dollar

Consumer prices in the US rose by 0.1% in May against the expected 0.2%, falling below analysts’ average forecasts for four months in a row. The annual growth rate was 2.4% for the overall index and 2.8% for the core index (excluding food and energy). In the latter case, the current rate of price growth […]
07/10/2024

Russell 2000: Soft to No-Landing Supporting Another Bullish Upleg

Better than expected US non-farm payrolls & unemployment rate for September have revived the soft to non-landing narrative. The Citigroup US Economic Surprise Index has improved significantly since August. The improvement in US economic growth prospects is likely to benefit the Russell 2000 at least in the medium-term. Since our last publication, the performance of Russell […]