- BoC Governor Macklem:
- Canadian inflation likely to stick close to 2.9% for a few months, thanks to gas prices.
- There’s a limit to how far Canadian and US rates can diverge.
- Even when rates start to come down, likely to be a pretty gradual path.
- Need to take into account any potential weakening of the CAD when considering interest rate cuts.
- Canadian International Merchandise Trade declined -2.28 billion in March versus the forecast improvement to 1.5 billion. The previous month was revised sharply lower to 480 million from 1.39 billion.
- US Q1 Unit Labor Costs rose to 4.7% QoQ versus the forecast 3.2%, yet another thorn in the side of inflation-fearing rate-cut hopefuls.
- Friday’s US Nonfarm Payrolls (NFP) labor report to be a key reading of US employment figures.
- Median market forecasts expecting a print of 243K compared to the previous month’s 12-month peak of 303K.
Peringatan: Pendapat yang disampaikan sepenuhnya merupakan milik penulis dan tidak mencerminkan posisi resmi Followme. Followme tidak bertanggung jawab atas keakuratan, kelengkapan, atau keandalan informasi yang disediakan, serta tidak bertanggung jawab atas tindakan apa pun yang diambil berdasarkan konten ini, kecuali dinyatakan secara tertulis.
Suka artikel ini? Tunjukkan apresiasimu dengan memberi hadiah untuk penulis.
Belum ada komentar. Jadil yang pertama untuk membagikan komentar.