KEY TAKEAWAYS: Today’s speech by Federal Reserve Chairman Jerome Powell is highly anticipated due to the Friday’s blockbuster US employment report and recent re-pricing of the interest rate space. Investors will be closely monitoring Powell’s take on the labor market and any signals on how high US interest rates may go this year. U.S. interest-rate […]
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Discover our Weekly Market Outlook, exploring themes and events that forged financial flows throughout the week. This week saw the commencement of large wartime impacts on volatility. With the FOMC coming up, it’s not easy Read more…
Gold (XAU/USD) is under pressure, sliding this week as its safe haven appeal was overshadowed by a strengthening US dollar. Rate cut bets were slashed significantly due to fears over the Middle East conflict’s impact Read more…
Canadian Highlights Canada’s labour market weakness continued in February, with losses concentrated in full-time and private sector jobs. The unemployment rate rose to 6.7%. Canada’s trade deficit widened substantially in January, and we expect trade Read more…