Cautious hold as oil lifts inflation – TD Securities

Cautious hold as oil lifts inflation – TD Securities

TD Securities strategists expect the Bank of Canada (BoC) to keep its policy rate at 2.25%, with a cautious statement in the April decision. The April Monetary Policy Report (MPR) is seen upgrading headline inflation forecasts on higher energy prices, while core revisions remain modest. Strategists anticipates a higher neutral rate range and notes the […]

AI concerns weigh before tech earnings – Deutsche Bank

AI concerns weigh before tech earnings – Deutsche Bank

Deutsche Bank strategists note that United States (US) equities turned lower as AI-related worries resurfaced after a report that OpenAI missed internal 2025 targets. The S&P 500, NASDAQ and Mag 7 all pulled back, with semiconductors hit hardest, though Nasdaq futures later recovered part of the loss as investors look ahead to earnings from four […]

Holds post-CPI losses near 0.7160 as Fed looms

Holds post-CPI losses near 0.7160 as Fed looms

The AUD/USD pair continues with its struggle to conquer the 0.7200 mark and attracts some sellers during the Asian session on Wednesday, following the release of Australian consumer inflation figures. The data falls short of expectations and exerts some pressure on the Australian Dollar (USD). Furthermore, the US-Iran peace talks uncertainty underpins the safe-haven US […]