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Bank of Canada cuts rates to 2.50%, FOMC coming up!— North American mid-week Market update
['Elior Manier', 'Market Analyst']
MarketPulse
Log in to our mid-week North American Markets overview, where we examine the current themes in North America and provide an overview of indices and currency performances.
This week finally lands some fundamental change for the currency space, and this will influence Markets for the time to come.
Governor Tiff Macklem is actually speaking as I write this piece, and the speech is dovish/pessimistic on the Canadian Economy.
Also check out our most recent piece on the data right here.
Furthermore, with the negative PPI print and a not-too-hot CPI, the green light is here for the FED to start cutting.
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