In this Strategy Insight, we go over the RBA’s recent decision and the implications of its hawkish message for AUD trades.
In this Strategy Insight, we go over the RBA’s recent decision and the implications of its hawkish message for AUD trades.
This week, we articulate what the actions of the three major central banks that met (Fed, ECB and BoE) mean for currency markets. This is within the context of our analysis of the latest data releases in the G10, that allows us to…
The latest data show a deterioration in the housing markets in Canada and New Zealand. In particular, the 7.3% m/m decline in Canadian building permits in December fell below expectations of a more muted 3.9% m/m contraction.…
As expected, the Bank of Canada delivered its eighth consecutive rate hike on Wednesday, lifting the policy rate by 25bps to 4.5% and bringing the cumulative increase since the beginning of the tightening cycle last March to…
The Bank of Canada’s (BoC) Business Outlook Survey highlights weakening business sentiment in Q4. The overall index fell to 0.1 from 1.7 in Q3, below the average that has prevailed over the past decade. Notably, most firms…
While the housing downturn will be fairly mild in the US, it will be more severe abroad. Continue to favor bonds of countries whose housing fundamentals will limit rate hikes.
This week, we look at the latest data releases in the G10, along with implications for all the major currencies.
In this Strategy Outlook, we present the major investment themes and views we see playing out next year and beyond.