Treasury Yields Climb As Investors Await Bank of Canada and Beige Book

Interest rate and central bank news dominates the calendar today and tomorrow. The Bank of Canada’s latest interest rate decision and statement is due at 10:00 am EDT with the Governing Council widely expected to announce a 0.75% rate increase,

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Bank of Canada Preview

North American stock markets have returned to trading this morning with traders in more of an upbeat mood. The three main US index futures contracts are up 0.4% to 0.5%, clawing back some of Friday’s losses of 1.0% to 1.3%

Bank of Canada
Consumer Prices and Central Banks In the Spotlight Today

US index futures had been trying to mount a comeback this morning, but the bottom has fallen out and gains have quickly turned into losses following the release of a red-hot US consumer price inflation report. US inflation continued to

Bank of Canada
June Arrives to a Bank of Canada Decision and a Deluge of Data

US index futures are up to start the new month with gains this morning of 0.1% to 0.3%. These appear moderate, however, which compared with Tuesday’s declines of 0.4% to 0.6% for US indices. Overseas trading has been mixed with

Bank of Canada
Central Bank Tightening and Earnings Season Starting In Focus

Central banks are in the spotlight today with accelerated tightening on the agenda. Last night, the Reserve Bank of New Zealand, who had been raising rates at a pace of 0.25% per meeting for their last few meetings and had

A Short But Busy Week Starts With Stocks Sliding and Traded Rates Rising

With markets closed on Friday it’s a short trading week but one with a lot of potential news on the way. Three central banks meet this week, the Bank of Canada, the Reserve Bank of New Zealand and the European

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Bank of Canada and OPEC+ Meet As Oil Keeps Climbing

As the war in Ukraine continues, concerns about the potential impact that military actions and sanctions could have on oil supply continue to drive energy prices higher. WTI and Brent crude are both up another 7.0% this morning with WTI

Ruble Wrecked, Stocks Smashed as a Busy Week for Market News Begins

The war in Ukraine continued through the weekend with reports of more fighting and more sanctions offset by the possibility of initial peace talks. The situation remains volatile as has action across global markets. Dow futures have been trading down

Stocks Rebound as Central Bank Day Arrives

For a second straight day, US markets tried to bounce back from morning losses on Tuesday afternoon but were unable to make it back to the green with NASDAQ finishing down 2.3% and the S&P losing 1.2%. Today, bulls and

Investors Stay Defensive While Waiting for Wednesday

Another winter weekend has come and gone, and stock markets have picked up where they left off Friday in full broad retreat. In early US trading, Dow futures are down 0.4% while NASDAQ futures are down nearly 0.9%, adding to