U.S. inflation is showing renewed upward pressure, with our expectations for May CPI to rise 0.5% and the year‑over‑year rate pushing to 4.2%, largely driven by an 8% surge in energy goods and firmer food prices. We believe core inflation will be 0.2% as goods stabilize and services stay broadly steady outside of pockets like […]
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Canadian Highlights Markets swung on hopes of a Middle East truce, but the outlook remains fragile. Canada’s economy has stalled out over the past two quarters, with weak domestic demand and patchy investment pointing to Read more…
Bitcoin is under strong selling pressure, falling over 17% in a week and dropping below USD 60,000. The decline was intensified by USD 532 million in long liquidations on Binance, which triggered additional forced selling. Read more…