Risk Sentiment Sours on US GDP Contraction, Recession Fears Mount
Risk sentiment soured as US session commenced after data showed the economy unexpectedly contracted in the first quarter. Although the […]
Canada
Markets Steady as Trade Headlines Stir Little Reaction
Global trading remains subdued, with Japanese markets closed for Showa holiday and investors showing little urgency to take new positions.
Markets Steady as US Yields Dip Amid Continuous Tariff Rumors
Global financial markets are relatively stable heading into the end of the week, with risk appetite showing further signs of
USD/CAD holds gains above 1.3850 on optimism over potential US trade deals
USD/CAD edges higher as the US Dollar strengthens due to optimism surrounding potential US trade deals. Washington appears to be
USD/CAD falls toward 1.3850 as Fed’s Beige Book suggests deteriorating economic conditions
USD/CAD weakens as the Fed’s April Beige Book underscores the potential negative impact of tariffs on the economic outlook. The
Falls back to near 1.3800
USD/CAD retraces to near 1.3800 as the US Dollar surrenders initial gains. US President Trump has signaled a de-escalation in
Strong China Data Fails to Buoy Risk Sentiment; BoC Stuck Between Cutting and Holding
Risk sentiment turned a bit subdued in Asia today. Markets are broadly soft, continuing to digest the sharp tariff-driven selloff
Euro Softens on ZEW Shock, Loonie Dips on CPI, Kiwi Leads
Euro is trading on the softer side in relatively quiet markets today, weighed down by a fresh round of weak
Markets Catch Breath After Tariff Chaos; Focus Turns to BoC, ECB and Economic Data
Financial markets opened the week on a relatively steady footing in Asia, offering investors a brief respite after last week’s
CAD holds range but USD undertone is softening – Scotiabank
There was a little confusion around the temporary roll-back of US tariffs yesterday. Canada was not included in the round
Reciprocal Tariffs Take Effect; China Hit with 104% Rate
The rebound in US stock markets proved short-lived, with major indexes slipping back into the red by the end of
China Retaliates, Risk Sentiment Collapses as Market Turmoil Deepens
Risk aversion deepened across global markets today as China unveiled a forceful response to the sweeping US tariffs announced earlier
Markets Sluggish Despite Data Surprises, Caution Prevails Ahead of Tariff Unveil
The forex markets are ending the week in a sluggish and indecisive mood, despite a flurry of notable economic data
We will fight the US tariffs with actions of our own
Canadian Prime Minister Mark Carney cautioned markets that the Canadian government is both ready and willing to start retaliatory trade
Auto Tariff Hits Wall Street, But Currencies Shrug Off the Drip Feed
The steady drip of tariff news from US President Donald Trump continued overnight, pushing US equities lower and weighing on
Commodities Lift AUD and CAD as Tariff Speculation Builds
Commodity currencies are finding a bid in Asian session today, though still largely range-bound against Dollar. A sharp rally in
US President Donald Trump may impose escalating tariff levels, Canada could be on the lower end of tariffs
Citing sources, the Toronto Star reported on Wednesday that Canada could be on the lower end of the April 2 tariffs. Key quotes