Canada August PPI climbs 1.3% m/m versus 0.6% prior
Canada's August producer price index rose 1.3% m/m, up from 0.6%. Annual PPI increased 13.5%, and raw materials prices also surged.
Canada's August producer price index rose 1.3% m/m, up from 0.6%. Annual PPI increased 13.5%, and raw materials prices also surged.
US August housing starts at 1.275m missed estimation; permits also lower. Mortgage rates near 7%; relief may come after Iran war, if ever.
US weekly initial jobless claims totaled 196,000, well below the 208,000 estimate, signaling a stronger-than-expected labor market.
Latin America grapples with whether to require stablecoin issuers to hold reserves locally or offshore, as dollar scarcity grows.
Dollar trades mixed as markets digest the Fed's 25bp hike and BOE's hold. Equities rebound, yields fall, oil dips toward $100.
European markets saw gains as oil prices and bond yields eased following the Fed and BOE rate decisions.
Solana recovers after Clarity Act vote failure and Fed rate hike, with key upgrade and macro factors ahead.
Bitcoin held steady after a Fed hike and failed Senate vote, but a second close below the True Market Mean signals a break, with on-chain data showing no new…
Gold rebounded after a dip below $4,300 as the Fed's decision was seen as less hawkish than markets expected. Focus shifts to Middle East and data.
The bond yield curve's shape shifts—bear/bull flattening and steepening—signal market expectations about policy, growth, and inflation, but context remains key.
The BOE is expected to hold rates at 3.75%, with focus on whether the vote split narrows to 5-4.
The Fed's 25bp hike and 2026 projection matched expectations, but markets overreacted. The dot plot and Warsh's presser were less hawkish than perceived.
European stocks opened higher as bond yields steadied following the Fed's 25 bps rate hike and oil prices fell.
Long-term Treasury yields remain steady near 5% as markets digest the Fed's hawkish 25 bps rate hike, with the curve flattening.
Fed raises rates to 3.75%-4.00% unanimously; Warsh signals more hikes ahead, with markets pricing in a 90% chance of another move this year.