1230 GMT / 0830 Eastern time:
- Bank of Canada Governor Tiff Macklem is giving a speech at the National Bureau of Economic Research
- Economics of Artificial Intelligence Conference
BoC is on a rate cutting cycle. Earlier in the week we heard from:
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Bank of Canada Governor Tiff Macklem will speak on AI on Friday
- The Bank of Canada has been cutting rates
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
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- JPMorgan sees China property stabilising, boosting outlook for equities.
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- Japan exports beat but rising import costs squeeze trade surplus
- PBOC sets USD/ CNY mid-point today at 6.8635 (vs. estimate at 6.8233)
- Australia’s growth pulse cools, Leading Index dips below trend
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