The aftermath of the FOMC’s more hawkish pivot continues to reverberate through global markets. US equity futures are a little more stable with small gains this morning and the US yield curve is ...

Four more years of this stuff folks, and he hasn’t even taken office yet. Four years of chasing volatile and erratic policy threats and measures with real consequences for markets and the global ...

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 ...

The FOMC took a page from what its northern neighbour did last week and delivered a hawkish 25bps cut. Birds of a feather I ...

Eat, shop, and not necessarily in that order. American Thanksgiving on Thursday and the 1pmET (NYSE) and 2pmET (bond market) closes the day before will likely mean that most of the week’s developments ...

North America’s automotive sector has seen years of recovery and rebalancing from supply and demand-related shocks. While many of these effects have abated, new policy-related risks loom. The highly ...

Canadian CPI, m/m %, October, NSA: Actual: 0.4 / 2.0 Scotia: 0.4 / 2.0 Consensus: 0.3 / 1.9 Prior: -0.4 / 1.6 ‘Core’ gauges, m/m % SAAR: Trimmed mean CPI: 4.1 Weighted median CPI: 3.4 Avg of TM and WM ...

The way is paved for a further cut of “no less” than 25bps in the policy rate. GDP in 2024 could grow below the central bank’s baseline scenario. This morning, the central bank released October GDP, ...

Tariff man skewers CAD, MXN, RMB A baker’s dozen of musings on Trump’s tariff threats FOMC minutes should be a stale snoozer US confidence, home sales data will seem stale now BoC speech spoke about a ...

Trump has won the 2024 election, Republicans have taken the US Senate and may also take the House. The overnight waves of results have delivered a faster conclusion to the presidential (and Senate) ...

There are very light developments to consider this morning. France is in a holding pattern with the government likely to fail a confidence motion tomorrow. Data releases are of little consequence. Fed ...

The Consumer Confidence Index (CCI) stood at -3.7 percentage points in October 2024, increasing 12.3 ppts compared to September and 10.3 ppts compared to October 2023 (chart 1). The result showed an ...