Outlook stable for the Canadian banks.
USD/CAD consolidating gains as CAD is kicked to the curb as the euro and dollar attract flows that were once destined only for commodity-linked and emerging markets.
Outlook stable for the Canadian banks.
USD/CAD consolidating gains as CAD is kicked to the curb as the euro and dollar attract flows that were once destined only for commodity-linked and emerging markets.
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SpaceX rockets 19% on debut! Traders cheer its valuation, ignoring broader market jitters.
The Bank of Japan is expected to raise its policy rate to 1% on Tuesday, a 31-year high, with Deputy Governor Uchida to brief markets on the outlook amid uncertainty over the Iran peace deal.
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Explosions heard in the Strait of Hormuz
Analysts warn Hormuz will reopen gradually despite a US-Iran deal, with mine clearance, war-risk insurance and stranded vessel backlogs keeping energy flows well below prewar levels for months.
S&P Global Ratings says the US-Iran Hormuz framework aligns with its base case but won't alter forecasts, warning shipping recovery will remain well below pre-war levels into 2027.
Nvidia eyes $20B bond sale, retaking key levels. AI boom fuels debt offering, boosting yields.
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