Expected Fed rate cuts and increases by the Bank of Japan will affect the carry trade as investors reassess the use of the yen to finance speculative activity elsewhere. … READ MORE >
Market minute
Market Minute: Equity market downturn has likely run its course
Our preferred metric of equity market performance implies that the recent market downturn, led by artificial intelligence firms, has reached its end, or is about to. … READ MORE >
Market Minute: Financial conditions easing amid reassessment of risk
The RSM US Financial Conditions Index has drifted lower in recent weeks, with its subcomponents showing greater volatility and lackluster results. … READ MORE >
Market Minute: World shipping costs continue to drop
The number of container ships sailing from China to the United States dropped considerably in October, pushing down costs. … READ MORE >
Market Minute: Canada’s financial conditions and its monetary policy path
Policy rate cuts by the Bank of Canada and the U.S. Federal Reserve are in response to both countries’ economies absorbing adverse policy shocks along with a slowing pace of hiring and wage growth. … READ MORE >
Market Minute: Financial conditions, rate cuts and the FOMC
The Federal Open Market Committee is likely to reduce its policy rate by 25 basis points to a range between 3.75% and 4% at its next meeting on Oct. 29. … READ MORE >
Market Minute: Tech’s influence on global stock markets
In Japan, technology firms have a 52% share of the Nikkei index, exceeding the 40% share that tech firms have in the S&P 500 in the U.S. … READ MORE >
Market Minute: Impact of the shutdown goes nonlinear
As the government shutdown continues, we expect a 0.25% drag on GDP per week, or 1% per month. … READ MORE >
Market Minute: Increased risk appetite for high-yield bonds
Despite uncertainty caused by changing economic policies, investor interest in high-yield corporate debt is providing a tailwind for the economy. … READ MORE >
Market Minute: Subdued forecasts for growth in developed economies
The OECD points to further downside risks to international trade, increased concerns about the fiscal health of the economies, renewed inflation pressures and financial instability. … READ MORE >