We are looking for cautious optimism in Canada’s manufacturing and wholesale reports for September in the coming week. Manufacturing has borne the brunt of the negative fallout from U.S. tariffs since spring. Production contracted an annualized 9% in Q2. That was the largest one quarter decline outside of the 2020 pandemic since the 2008/09 recession. […]
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Key Highlights EUR/USD extended losses and traded below 1.1480. A key bearish trend line is forming with resistance at 1.1550 on the 4-hour chart. GBP/USD also declined further and traded below 1.3320. Crude oil prices Read more…
China’s economic activity showed a stronger-than-expected start to 2026, with key indicators rebounding in the January–February period. Industrial production rose 6.3% yoy, well above market expectations of 5.1%. Retail sales increased 2.8% yoy, also beating Read more…