Mexico will not be rushed into revamping the North American Free Trade Agreement (NAFTA) just to get a deal, Economy Minister Ildefonso Guajardo said on Friday ahead of trilateral talks with his U.S. and Canadian […]
The FOMC meets today at 14 EDT/18 GMT and while no rate move is expected, the policy statement should have a hawkish hue.
The Bank of Canada (BoC) is due to announce its interest rate decision at 10:00 am EDT and a full rate increase of +25 bps is almost priced in already. …
It’s a very light week for the economic calendar. In the U.S, today’s JOLTS data will update job openings, which have been far exceeding hiring’s. This is strong evidence that the U.S economy is at […]
The October U.S jobs report is set for release at 08:30 am EDT and after the September headline print revealing the first monthly drop in seven-years – attributed to a hurricane effect – investor expectations […]
Ahead of the September FOMC minutes release at 14 EDT/18 GMT later today, the US Dollar is broadly stable.
If there is an event to keep an eye on, however, it will be the 10 EDT/14 GMT speech by Federal Reserve Bank of Minneapolis President Neel Kashkari.
Today’s U.S consumer inflation is forecast to have rallied only +1.7% y/y last month. On a month-on-month basis, the core-CPI is expected to rise +0.2% after a +0.1% increase the previous month. Expect the data […]
Wednesday July 12: Five things the markets are talking about The Bank of Canada is widely expected today (10:00 am EDT) to raise its benchmark policy rate for the first time in seven years. It […]
Japanese yen drops ahead of the BOJ Decision The Bank of Japan (BOJ) will release its monetary policy statement around midnight EDT of Thursday, June 15. BOJ Governor Haruhiko Kuroda will host a press conference […]