The morning’s biggest movers are the yen and euro as EGB-JGB spreads narrow in the wake of inflation readings that moved in opposite directions—warm in Japan, cool in the Eurozone. They could be ...
I thought the overall tone and details behind the numbers were solid. Markets didn’t care one bit as Canada 2s rallied in lock-step with US 2s after US core PCE inflation undershot consensus by a tick ...
On Monday, September 30 th, BanRep will hold its sixth monetary policy meeting of 2024. The main debate will be around whether there is room to accelerate the easing cycle. Macro data gives space to ...
The coming week’s main focal points are likely to be US nonfarm payrolls and wages, Eurozone CPI, and potentially key central bank speak from Federal Reserve and ECB officials. As the seasons shift to ...
In a divided decision, Banco de México’s Governing Board met expectations by cutting the target rate by 25 basis points to 10.50%. The dissenting vote came this time from Deputy Governor Jonathan ...
Global equities are rallying on the back of vague guidance from China. Chinese equities are leading the way with overnight gains of about 4%, but positive sentiment is spilling over elsewhere. China's ...
On Tuesday, September 24 th, the Senate approved the Tax Compliance (anti-evasion and avoidance) Bill sent by the government, which includes initiatives such as the Tax Council, changes to bank ...
In the first fortnight of September, headline inflation dropped for the fourth consecutive time, to 4.66% y/y from 4.83% (vs. 4.71% consensus). Core inflation moderated more than expected to 3.95% ...
Chinese equities posted further gains overnight but western markets are not following suit. For that to happen there would have to be greater confidence that what China is doing with its stimulus ...
This report has been prepared by Scotiabank Economics as a resource for the clients of Scotiabank. Opinions, estimates and projections contained herein are our own as of the date hereof and are ...
How Phyllis Webstad’s new toddler book, Today is Orange Shirt Day, and Medicine Wheel Publishing are contributing to learning ...
Migrating from Multifunds to Target-Date Funds (TDF) would mean mobilizing slightly more than USD50 bn (16% of GDP) given the relevant assets under management (AUM) and the high degree of ...