Canada has been hit with its largest trade shock in nearly 100 years. RBC Economics now finds itself balancing the desire to produce a clear analysis with the recognition that the evolution of trade policies, and policymakers’ responses to them, still remains highly uncertain. Still, we now have a growing list of “knowns” compared to a week […]
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BoJ’s Summary of Opinions from the January 23-24 meeting indicates a growing shift toward policy normalization, as multiple board members highlighted mounting inflationary pressures. Rising import costs driven by the weak yen have led more Read more…
Key Highlights EUR/USD declined heavily and opened lower below 1.0320. It traded below a key bullish trend line with support at 1.0370 on the 4-hour chart. Bitcoin and Ethereum declined heavily and the greenback rallied. Read more…
All weekend long, there’s been a nonstop flood of talk and worse about what the tariffs the Trump Administration plans to impose early Tuesday on Canada, Mexico, and China actually mean. Details are still coming Read more…