As widely expected, the BoE cut by 25bps to 4.75% this morning, in an 8–1 cautious decision and Monetary Policy Report that were shy on (unchanged) guidance—alike Bailey’s presser. The BoE did not ...

Powell & Co are on watch for policy changes and will incorporate when they arrive ...

Scotiabank is deeply saddened to hear about the untimely loss of the Honourable Murray Sinclair at the age of 73.

The Banxico Survey of Expectations showed that the deterioration in growth expectations persists, albeit to a lesser extent (table 1). Analysts now forecast average growth of 1.41% for 2024, down from ...

Canada threw cold water on its immigration ambitions last week with a plan that would see a modest population contraction over the next two years. Our immediate reaction questioned the practicalities ...

A Strong US Economy Generated Light Inflation For Now, as ADP Payrolls Signal Nonfarm Upside and Home Sales Surged ...

Tuesday‘s US election and Thursday’s concentration of central bank decisions will be the biggest days of the week capped off by Canadian jobs on Friday. Which effect on markets comes first is unclear ...

The highly uncertain US election is around the corner, with the risk of a tight race that may take a while to be called while the Fed holds its two-day policy meeting ahead of Thursday’s rate decision ...

The outcome of the U.S. presidential race remains a coin-toss. Given former President Trump’s focus on trade policy in this campaign and the ongoing threat of tariffs that are central to his economic ...

Markets are playing defence this morning. Stocks are broadly lower across N.A. futures and European cash markets. US Treasuries are slightly bid versus cheapening across Europe led by underperforming ...

Canada’s economy ended Q3 on a firmer than expected note but the Bank of Canada’s growth forecasts for 2024H2 will still need a fair amount of help to come true. That’s by no means impossible, but the ...

US GDP, q/q SAAR, Q3: Actual: 2.8 Scotia: 3.0 Consensus: 2.9 Prior: 3.0 Ok that title won’t win any prizes, but it gets ...