After cutting three times already since June, the Bank of Canada fulfilled market expectations and cut the overnight rate by 50 bps to 3.75%. The BoC sees risks around inflation as roughly balanced over its projection horizon,…
This Insight looks at the likely direction of bond yields and the dollar, from the lens of money velocity.
This Insight looks at the likely direction of bond yields and the dollar, from the lens of money velocity.
This report looks at the likely path for the dollar and bond yields over the next 6-to-12 months.
We’ve highlighted over the past week that while Beijing’s stimulus package remains unlikely to trigger a meaningful business cycle revival, it nevertheless administered a shot of adrenaline leading to a sentiment-…
Canadian headline CPI inflation decelerated at a faster-than-anticipated pace from 2.5% y/y to 2.0% in August, the slowest since 2021. Notably, core median and trimmed-mean CPI ticked 0.1 ppt and 0.3 ppt lower to 2.3% and 2.4%,…
This report looks at the latest developments in G10 economies and implications for bond and FX market strategy.
In this monthly review, we give our take on where bond yields and the dollar are headed. This is within the lens of revisiting our fundamental indicators.
In this week's report, we review the impact of political developments, as well as incoming fundamental data, on our positioning.
Concerns about the global economy have shifted from sticky inflation to faltering growth. Tight monetary policy is finally starting to bite. We suggest increasing portfolio defensiveness.