Topic: Daily Market Updates
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Risk sentiment improves as yields retreat
Ackman puts the lid on US yield surge. Pound surrenders early gains after pessimistic PMIs. Euro breaks above $1.06 on lower oil and US yields. CAD holds steady in anticipation for BoC.
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Dollar surprisingly flat despite risk aversion
Three implications from two weeks of war. Big week for Europe – is the continent bottoming? Risk-sensitive sterling suffers.
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Markets cautiously cheer China’s data
Strong US data amid rising tensions. UK stagflation fears persist. Euro is hoping for a Chinese comeback. CAD softer after inflation miss.
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Risk appetite rebounds after dovish Fed and China stimulus
Dollar slips before Fed minutes. Sterling’s recovery could extend higher. Supported by oil, CAD awaits upcoming US data.
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Crunch time for markets as US jobs report beckons
Jobs report to leave Fed on fence? CA jobs figures key for BoC rate expectations. Neutral euro at $1.05 before big data.
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Volatile bond and oil markets steer FX
ADP report does not matter, until it does. Yield and oil slip, euro back above $1.05. CAD hits a 6-month low amid 12% drop in oil.