8 result(s) for “Financial Markets”
With the Bank of Canada scheduled to release its interest rate decision and Monetary Policy Report on October 28, markets and major Canadian banks have shifted toward expecting a quarter point hike as oil and gasoline prices push up inflation risks.
Markets pushed the Canadian dollar higher and bond yields up on October 26, 2026, as investors priced a near-certain policy rate increase when the Bank of Canada meets next week. The move tightens conditions for Canadian businesses and households already coping with elevated borrowing costs.
Statistics Canada reported a modest uptick in headline inflation for September, driven by a sharp rise in gasoline prices. The data keeps pressure on policymakers ahead of the Bank of Canada decision on October 28 and has pushed markets to reprice the likelihood of further rate moves.
Statistics Canada data show Canada lost about 68,000 jobs in September, reversing earlier gains this year and raising questions about the labour market outlook ahead of the Bank of Canada decision.
Donald Trump and Xi Jinping are preparing to meet in Washington on September 24, with tariffs, rare earths, agriculture and a potential $30 billion energy-related trade package among the issues drawing global business attention.
China's fiscal revenue increased 5.7% year-on-year during the first eight months of 2026 as Beijing prepares additional fiscal and financial measures to support the world's second-largest economy.
GlobalFoundries and Marvell are expanding semiconductor production capacity for high-speed optical connectivity as increasingly powerful AI data centres require faster links between thousands of computing components.
British government bonds rallied after the Bank of England paused active sales from its nearly £500 billion bond portfolio, offering markets relief even as policymakers warned that energy costs could push inflation above 4%.