Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
DOLLAR-CANADA: A steady recovery in crude oil prices has boosted the loonie and
USD/CAD trades -67 pips at C$1.3635. CAD is the best G10 performer and one of
the two currencies in the basked (alongside NOK) which outperforms the
greenback. USD has drawn support from remarks re: fiscal stimulus from U.S. Pres
Trump & Tsy Sec Mnuchin.
- Speaking in the NY/Asia crossover, Canadian FinMin Morneau said that the gov't
is working on its own targeted fiscal measures to address the economic fallout
from the coronavirus epidemic. He stressed that Canada is in a strong position
to deliver appropriate responses. At the same time, he noted that "we shouldn't
think of the budget as the only way to respond," instead inclining towards
continuous monitoring of "facts on the ground."
- The initial bearish target is provided by y'day's low of C$1.3462, a breakout
from Monday's range would fuel bearish hopes for a meaningful reversal. Bulls
continue to watch y'day's multi-year high of C$1.3766.
- Canadian Q4 capacity utilization rate hits on Weds, with existing home sales
due on Fri. BoC speaker slate is empty this week.