-
Bank of Canada set to cut again despite inflation uptick
October has delivered broadly hawkish hard data for the Bank of Canada. The September jobs report showed solid 60k employment gains while unemployment held stable at 7.1%. Earlier this week, headline inflation (also for September) rose faster than consensus to 2.4%, with both core measures – median and trim – also accelerating by 0.1-0.2% above 3.0%. Yet, markets are pricing in 21bp of easing for the 29 October meeting. We are aligned with the consensus majority in expecting a 25bp cut to 2.25% next week. The rationale lies – once again – in the bleak Canadian economic outlook. The Bank of Canada’s ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From sprott.com|Oct 23, 2025Copper surged decisively in September, breaking through the $10,000 per metric ton threshold and closing the month with a gain of 4.11%. This move marked the highest copper spot ...
From @zerohedge|Oct 23, 2025|13 comments*TRUMP TO MEET WITH XI JINPING NEXT THURSDAY
From msn.com|Oct 23, 2025|1 commentThe Trump administration is weighing export restrictions against China that would bar the purchase of a wide swath of critical software, a White House official said Wednesday. The ...
-
- Newer Stories
From morningstar.com|Oct 23, 2025Since its biggest one-day drop in over a decade on Tuesday, the debate has surrounded whether gold will regroup and push higher. Goldman Sachs, for one, is sticking to its ...
From @Top_Bloomberg|Oct 23, 2025|15 comments*TRUMP: THINK WE'RE GONNA COME OUT VERY WELL ON XI MEETING TRUMP REITERATES TARIFF ON CHINA STARTS NOV. 1
From youtube.com/cmegroup|Oct 23, 2025The December Gold futures contract saw a modest rebound, trading up 2.33% today after a significant two-day drop of 6.7%. The decline on Tuesday was a historic move of 4.5 sigma, ...
- Story Stats
- Oct 23, 2025 1:58pm Posted byFundamental Analysis5,153
- Linked events:
