Trade deficit surge and 2026 outlook – RBC

Trade deficit surge and 2026 outlook – RBC

Royal Bank of Canada (RBC) analysts note Canada’s trade deficit widened sharply in February to CAD 5.7 billion, far above expectations, as both exports and imports jumped. They highlight one-off Gold imports, stronger equipment and consumer goods demand, and surging motor vehicle exports. RBC expects March’s nominal deficit to narrow and sees 2026 trade as […]

Payroll gains have been pretty weak

Payroll gains have been pretty weak

Lorie Logan, President of the Federal Reserve (Fed) Bank of Dallas, said that the Fed should not let balance sheets distract them from their main mission. Logan also claimed that central bank balance sheet growth isn’t bad if it meets the public’s need during a speech at her bank on Thursday. Fed should not let […]

Yield spreads and policy risk cap upside – MUFG

Yield spreads and policy risk cap upside – MUFG

MUFG’s Lee Hardman argues the US Dollar’s response to the Middle East-driven energy shock has lost momentum. He cites lingering optimism about a relatively quick end to the conflict, a higher US policy risk premium, and yield spreads moving against the Dollar as key factors. Fed officials signal rates may stay on hold while markets […]