Month: April 2018

• 
  CAD in the balance today with CPI data coming out

  On Wednesday this week the Bank of Canada did not raise interest rates and the CAD immediately sold off.  It was a dovish hold as[...]
  2018-04-22 19:25:15

---

• 
  Carney's concern over a mixed bag of UK data

  Carney presses pause on market expectations of May rate hike. Bank of England's Governor Mark Carney has responded to the three bearish data points out[...]
  2018-04-22 19:25:15

---

• 
  Canada February retail sales +0.4% vs +0.4% m/m expected

  Canada February retail sales data - was +0.3% (revised to +0.1%) - Prior ex autos +0.9% (revised to +1.0%) The ex-autos number is poor and[...]
  2018-04-22 19:25:08

---

• 
  Canada March CPI +2.3% vs +2.4% expected

  Canada March consumer price index data - Prior was +2.2% - CPI +0.3% m/m vs +0.4% m/m expected (prior +0.6%) - Core common +1.9% vs[...]
  2018-04-22 19:25:08

---

• 
  EUR/USD falls to the lowest since April 8 as the US dollar climbs

  EUR/USD falls below the April 11 low The euro has stumbled for the second day and is now down 60 pips to a session low[...]
  2018-04-22 19:25:08

---

• 
  Eurozone April advance consumer confidence +0.40 vs -0.10 expected

  Eurozone April consumer confidence data - Prior was -0.10 There was a skew in the polls with Reuters at -0.20 and Bloomberg at -0.10. This[...]
  2018-04-22 19:25:08

---

• 
  ECB's Weidmann: We have had indications recently that Q1 in Germany was 'not so brilliant'

  Upbeat comments from Weidmann on Germany - Don't see any reason to assume we're at an economic turning point, we're still experiencing economic boom -[...]
  2018-04-22 19:25:08

---

• 
  Congress could be the big problem for a NAFTA deal

  A new deal would need to be ratified The White House may be forced into a game of brinkmanship to get a new NAFTA deal[...]
  2018-04-22 19:25:08

---

• 
  Canadian CPI and retail sales are coming up

  Canadian data on the docket USD/CAD is a quarter-cent lower on the day to 1.2646 but the drama has just begun. At the bottom of[...]
  2018-04-22 19:25:08

---

• 
  Trump rails against OPEC

  Calls prices artificially high This tweet doesn't make a lot of sense, but it is 4/20 after all.
  2018-04-22 19:25:08

---