Results for Bank of Canada
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Dollar Gains Pared

June 02, 2022
Overview: Asia Pacific equities were mostly lower.  China and India bucked the trend.  Europe’s Stoxx 600 is steady with no follow through selling after yesterday reversal. US index futures are posting modest gains and are trying to snap a two-day drop.  The US 10-year yield is firm at 2.91%, while European benchmark rates are 2-3 bp higher.  Asia…
Dollar Gains Pared Dollar Gains Pared Reviewed by Marc Chandler on June 02, 2022 Rating: 5
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Bank of Canada's Turn

June 01, 2022
Overview: The recent equity rally is stalling. Asia Pacific equities were mixed, with Japan, South Korea, and Australia, among the major bourses posting gains. Europe’s Dow Jones Stoxx 500 is slipping lower for the second consecutive session, ending a four-day bounce. US equity futures are little changed. The US 10-year yield is edging higher at 2…
Bank of Canada's Turn Bank of Canada's Turn Reviewed by Marc Chandler on June 01, 2022 Rating: 5
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Risk Appetites Challenged by Lavrov's Warning about Nuclear Conflict

April 26, 2022
Overview: The recovery attempt of risk appetites, reflected in the recovery and strong close in US stocks yesterday was dealt a blow by Russia's Foreign Minister's warning of a "serious" danger of nuclear conflict.  In Asia-Pacific, most of the large equity markets advanced.  China was an exception even though the currency snappe…
Risk Appetites Challenged by Lavrov's Warning about Nuclear Conflict Risk Appetites Challenged by Lavrov's Warning about Nuclear Conflict Reviewed by Marc Chandler on April 26, 2022 Rating: 5
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Yields Continue to Climb

April 11, 2022
Overview: Macron's victory in the first round of the French presidential contest lifted the euro, which is resilient to the broader greenback gains scored on the back of the continued rise in yields.  The US 10-year yield is up around five basis points to 2.75% after increasing by more than 30 bp last week. European yields are higher, but the …
Yields Continue to Climb Yields Continue to Climb Reviewed by Marc Chandler on April 11, 2022 Rating: 5
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Fed Campaign toward Neutrality and the Difficult Row to Hoe for the ECB

April 09, 2022
The coming days are eventful. And that is with the known unknown, Russia's actions in Ukraine, held in abeyance.  It does not seem as if either side is truly serious about negotiations. Kyiv's proposal of a security guarantee by Poland or the US is not realistic. It would be tantamount to joining NATO. Ukraine President Zelensky appears to…
Fed Campaign toward Neutrality and the Difficult Row to Hoe for the ECB Fed Campaign toward Neutrality and the Difficult Row to Hoe for the ECB Reviewed by Marc Chandler on April 09, 2022 Rating: 5
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European Currencies Continue to Bear the Brunt

March 03, 2022
Overview: Russia's invasion of Ukraine and the global response is a game-changer, as Fed Chair Powell told Congress yesterday.  The UK-based research group NISER estimated that world output will be cut by 1% next year or $1 trillion, and global inflation will be boosted by three percentage points this year and two next.  The recovery in US sto…
European Currencies Continue to Bear the Brunt European Currencies Continue to Bear the Brunt Reviewed by Marc Chandler on March 03, 2022 Rating: 5
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War, What's It Good For?

March 02, 2022
Overview: There is much talk about how the sanctions being imposed on Russia will hasten the demise of the dollar's role in the world economy, but today the dollar rides high.  There is no sign of its abandonment as its safe haven appeal shines.  The dollar-bloc currencies, helped perhaps by the commodity exposure are faring best.  The Canadia…
War, What's It Good For? War, What's It Good For? Reviewed by Marc Chandler on March 02, 2022 Rating: 5
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