US headline CPI rose 0.4% in October, down from 0.6% in September but above the 0.3% consensus. Core CPI rose 0.3% for a third consecutive month, pointing to persistent inflation beyond energy. A 25-basis-point Fed hike in December remains the base case. Fed Governor Christopher Waller said a 50-basis-point move could warrant discussion if core […]
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Canadian Highlights Bond yields have risen this week as hawkish commentary from central bankers and a hot inflation report in the U.S. raised worries about future rate increases. Canadian yields were pulled higher by U.S. Read more…
Next week’s U.S. data releases should point to continued resilience in consumer spending, with October retail sales expected to rise 0.2%, while housing activity remains constrained by high mortgage rates. We expect housing starts to Read more…
AUDUSD: ⬇️ Sell – AUDUSD broke support zone – Likely to fall to support level 0.6675 AUDUSD currency pair recently broke the support zone between the support levels 0.6915 and 0.6865 (which reversed the price Read more…