Commentary
Add as a preferred source on GoogleQuotes from BofA Merrill Lynch:- Following Governor Poloz's recent speech, we expect the BoC to forgo rate cuts in March.- We see risks that the BoC cuts again due to downside risks to GDP and oil prices. We see April as…
Quotes from BofA Merrill Lynch:
- Following Governor Poloz's recent speech, we expect the BoC to forgo rate cuts in March.
- We see risks that the BoC cuts again due to downside risks to GDP and oil prices. We see April as the most likely candidate.
- We are neutral on duration but recommend paying 5s on the curve; near-term USD/CAD upside limited as BoC in wait and see mode.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
