Topic: Daily Market Updates
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End of conflict optimism sends oil lower
End of conflict optimism sends oil lower. Yield differential pushes USD/CAD higher. Peso strength defies weak domestic backdrop.
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US-Iran headlines keep markets whipsawing
US-Iran headlines keep markets whipsawing. March retail sales beat estimates. From stability to building downside pressure.
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Hawkish Fed meets oil shock, again
Hawkish Fed meets oil shock, again. Small business sentiment dips. Moody’s downgrade fails to break Peso resilience.
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Bond selloff, dollar gains
Bond selloff, dollar gains. Markets expect BoC to move by October. Soft inflation meets hard constraints.
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When higher yields start to bite
When higher yields start to bite. Canada CPI picks up in April. Pound firms as Burnham fears recede.
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Rising yields underpin US Dollar demand
Rising yields underpin US Dollar demand. Four-week high. Pound tumbles on political uncertainty.