We expect the U.S. jobs report for February to show a net increase in employment of 160,000 and an unemployment rate of 4%. … READ MORE >
USA
February capital markets roundup: Blockchain, digital assets, strategic partnerships
Blockchain, digital assets, client experience and strategic partnerships were prominent themes for the capital markets industry in February. These trends will continue to be a driving force when capital markets organizations are determining their strategies and operations. … READ MORE >
Market minute: Goods deflation, food inflation and a lack of exemptions
Consumers face the possibility of double-digit increases in many grocery items given the quantity of fruit and vegetables imported from those two countries. … READ MORE >
U.S. tariffs and their impact on growth and inflation
While it is too early to quantify the tariffs’ overall impact, a rough estimate implies between a 0.5% and 0.75% drag on growth this year and a one-time 0.6% increase in prices. … READ MORE >
U.S. tariffs promise volatility, recession for Canada
Canada’s economic landscape is set to change dramatically as U.S. tariffs take effect. A recession is anticipated this year if all measures remain in place. … READ MORE >
Defense buildup in Europe points to a broader fiscal realignment
The financial implications of higher European defense spending implies that a broader fiscal realignment could take place. That is what is behind the rising equity valuations and the rise in the benchmark German 10-year yield. … READ MORE >
Market minute: The volatility smile in a time of trade disruption
One way to understand the financial impact of policy uncertainty is to look at the implied volatility of important bilateral currency pairs. … READ MORE >
Manufacturing prices rise in February amid higher tariffs
The prices paid subindex in the ISM manufacturing report rose to 62.4 in February, the highest level since June 2022, from 54.9 in January. … READ MORE >
Market minute: Credit availability and consumer expectations
Despite a strong jobs market and rising real wages, expectations around the provision of credit remain low. … READ MORE >
5 things to know in life sciences: Week of Feb. 24, 2025
The biopharma sector reported strong fourth quarter earnings. This and more in this week’s update. … READ MORE >