One of the major weaknesses of trading key macro fundamentals is that markets can move violently in one direction in a seemingly ‘irrational’ way. So, if you have a bias…
This week’s Canadian CPI print could provide some short-term volatility in the CAD. The Bank of Canada surprised markets with a lower than expected 50bps hike at its last rate…
Major central bank rundown It’s time for your central bank catch up. The link to the latest statement is at the bottom of each section, so just click there to…
Last Friday Canadian jobs printed below expectations with drops in the headline figure and the participation rate. However, the labour market is still fairly robust with the unemployment rate falling…
Major central bank rundown It’s time for your central bank catch up. The link to the latest statement is at the bottom of each section, so just click there to…
Global growth worries were stoked once again this week as commodities bore the brunt of heavy selling pressure and the USD surged higher. Stagflationary, inflationary, and recession fears continue to…
Major central bank rundown It’s time for your central bank catch-up. The link to the latest statement is at the bottom of each section, so just click there to read…
BoC hikes by 50 bps and takes another hawkish tilt At the prior central bank meeting, the Bank of Canada delivered a hawkish surprise. They did this to tackle rising…
The Canadian dollar has been benefitting from the surge higher in commodities, especially oil. Lack of investment in oil longer-term, shrewd management during lockdowns of oil production levels from OPEC+,…
Going into the Bank of Canada meeting markets had priced in around an 80% chance of the BoC hiking interest rates. This had fallen from around 100% and was due…