US benchmark 10-year yield plummeted overnight, breaking below 4% mark for the first time since February, signaling heightened investor anxiety. This sharp decline came amidst a broad market sell-off, with DOW dropping nearly -500 points, or -1.21%, and even the small-cap Russell 2000 index plunging -3%. The rise in initial jobless claims to their highest […]
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US Dollar Index rally continues and the impact of a strong US dollar on global markets. Examining upcoming PMI data from the Euro Area and UK CPI figures, and their potential market implications. Assessing the likelihood Read more…
Canadian Highlights Canada continues to digest the implications of last week’s U.S. election result, as interest and exchange rates adjust to expectations for policy changes south of the border. Existing home sales came in strong Read more…
Summary United States: Inflation Redux The descent in inflation remains slow-going. Stubborn services prices lifted the Consumer Price Index 2.6% annually in October, the first acceleration in this measure since Q1. Sticky inflation does not Read more…