The January retail sales report is one of those rare occasions where looking at the 12-month change makes more sense than the monthly metric. … READ MORE >
USA
The impact of tariffs: Balancing costs, supply chain and profitability
Raising tariffs can drive up consumer prices, lower demand and hurt business profitability. … READ MORE >
Market minute: Clash of the titans to cause further currency manipulation
The relative yield differentials between the U.S. and China point to the possibility that China will engineer a gradual, but large, depreciation in the yuan this year. … READ MORE >
Diversified trading, AI, client engagement: Early 2025 trends for capital markets organizations
The financial services industry is in a transformative phase, as shown by these developments in risk management, client engagement, technology and artificial intelligence upgrades. … READ MORE >
Producer inflation topped forecasts in January, led by food and energy prices
The producer price index rose by 0.4% in January, following an upwardly revised 0.5% increase in December, making it the hottest two-month stretch of inflation since February last year. … READ MORE >
Market minute: Money markets signal an easing in 10-year yields
A look at the spread between the two-year and 10-year U.S. Treasury yields in comparison with the Treasury term premium implies room for further easing in long-term yields. … READ MORE >
Inflation accelerates in January amid concerns about rising expectations
The CPI data for January will feed into expectations that the Fed is done cutting rates just as policy uncertainty on trade and immigration is likely to feed into rising inflation expectations.
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Market minute: The problem of sticky and stubborn inflation
While housing inflation is easing, owners’ equivalent rent remains one of the two major catalysts for rising cost pressures on American households. … READ MORE >
Consumer products M&A update: Rebound remains out of reach
The long-awaited rebound in consumer products deal volume remained out of reach in the second half of last year. … READ MORE >
Trump’s steel and aluminum tariffs turn uncertainty into concern for Canada
While new U.S. tariffs apply to all steel and aluminum imports, Canada will be the most impacted country as it is the largest source of U.S. imports by far. … READ MORE >