Month: December 2025

Fed rate cut widely expected; dot plot and overall meeting rhetoric also matter. Risk appetite is supported by Fed rate cut expectations; cryptos show signs of life. RBA, BoC and SNB also meet; chances of Read more…

Over the last month, market expectations have increasingly turned towards a 25bp rate cut when the Fed makes its decision on Wednesday next week. This has been driven by lower inflation expectations and weaker forward-looking Read more…

We expect the Fed to cut its policy rate target by 25bp to 3.50-3.75% next week, in line with consensus and market pricing. We expect an equal reduction to all administered rates, but an additional Read more…

Some change is starting to appear for Canada after consecutive rough years. Subject to a red-hot post-COVID boom, the Land of the Maple Syrup had severely tightened its policy rates and immigration rules, leading to Read more…

In the final months of 2025, a number of companies overseeing various hotels and resorts have filed for bankruptcy in different parks of the U.S. and the world. The company behind Tuscany and Hotel 27 Read more…

Canadian Dollar climbed sharply after a blockbuster November jobs report, which easily surpassed expectations and reinforced the view that the BoC will leave policy unchanged next week. The strength of the data has effectively shut Read more…

US consumer sentiment improved in December, with the University of Michigan headline index rising to 53.3 from 51.0, beating expectations of 52.0. The gain was driven by a sharp rise in Expectations Index, which climbed Read more…

US personal income rose 0.4% mom in September, in line with expectations, while personal spending increased 0.3%, a touch below the 0.4% consensus. The combination suggests consumer demand remains resilient but is moderating gradually. Inflation Read more…