The USDCAD is trading modestly higher on the day, up about 0.11%, as it retraces a portion of yesterday's North American session decline. That move lower brough...
For monetary policy, the key issue is the risk of second round effectsMarket expectations point to a declining path for oil prices but uncertainty remainsThere ...
Prior was +0.5%Details:Ex-autos +0.8% vs 0.5% expectedPrior ex autos +0.7% Ex autos and gas +0.5 vs +0.5% priorControl group +0.7% vs +0.4% expectedPrior contro...
Prior month -0.4%Canada new housing Price Index -0.3%Recent Canada housing data has been mixed but still soft overall.Housing starts: Fell 6% in May to 261,377 ...
US retail sales are due at the bottom of the hour in an important check on the consumer. The consensus is that sales rose 0.5% in May, with the ex-autos number ...
Fed Day. What is key?Key ExpectationsFed expected to leave rates unchanged at 3.50%-3.75% in a unanimous decision. The statement is expected to remove the easin...
Headlines:Welcome to Fed dayFed preview: Warsh is the noise, the Board is the signalECB policymaker Simkus sees at least one more rate hike aheadIEA sees 'signi...
FUNDAMENTAL OVERVIEWSilver broke down last week as continued escalations in the Strait of Hormuz and hawkish Fed expectations after the strong NFP raised real y...
FUNDAMENTAL OVERVIEWThe Nasdaq was on the verge of a breakdown last week as continued escalations in the Strait of Hormuz and hawkish Fed expectations sapped ma...
The FOMC is widely expected to keep the federal funds rate unchanged at 3.50-3.75% and remove the easing bias from the statement in an unanimous decision. At th...
World oil demand to fall by 1.1 mil bpd in 2026 amid US-Iran conflict (previous forecast 420k bpd drop)World oil supply to fall by 3.9 mil bpd in 2026 (unchange...