Bank of Canada

On Wednesday, traders await the eurozone producer price index, which is expected to fall by 5.1% YoY in April.

2024-06-05T08:04:59+0100

FX traders braced for a rate decision from the Bank of Canada, widely expected to cut rates by 25 bps in June. The European Central Bank is also likely to ease monetary policy on Thursday.

2024-06-04T15:26:00+0100

Brace for FX and stock volatility in a week punctuated by the latest US jobs report, after inflation data showed no worrying signs of fresh upward momentum in consumer prices.

2024-05-31T15:12:47+0100

The USD could be tested later today with the release of two job-related indicators in the US. First, at 1.15 p.m., ADP employment change.

2024-03-06T08:15:55+0000

Investors will be keeping across the Bank of Canada's interest rate decision on Wednesday and the European Central Bank's on Thursday.

2024-03-04T09:05:20+0000

Wednesday is looking busy with manufacturing and services PMIs from the euro zone, UK and US, plus trade figures from Japan. The Bank of Canada is expected to keep interest rates on hold as stubborn inflation delays a cut.

2024-01-23T16:46:33+0000

This week, three major central banks are due to decide on their monetary policy path. First on Tuesday, the Bank of Japan, which will also publish its quarterly outlook report.

2024-01-22T09:32:04+0000

The Bank of Canada should keep its overnight rate at 5%, leaving borrowing costs at a 22-year high when it makes its latest monetary policy announcement.

2023-12-06T10:30:13+0000