Markets steady as trade talks loom; Canadian inflation rises, influencing rate expectations ahead of BoC decision.
Premier Li urges market diversification, stabilising trade, boosting domestic demand, and addressing global economic challenges calmly.
Canada’s core CPI dropped to 2.2% in March, signaling potential shifts in monetary policy and spending.
Canada’s core CPI slowed to 0.1% in March, highlighting reduced inflationary pressure month-over-month. Trade cautiously.
China’s March oil imports surged to 12.1 million barrels daily, driven by Iranian and Russian supplies.
Brent oil’s time spread narrows, reflecting market calm, with contango seen from spring 2026 onward.
US, UK trade deal may ease tariffs; India, US seek liberalisation, shaping market expectations and future rates.
AUD/USD nears 0.6390 as trade tensions rise; Australian Dollar shows resilience amid global economic uncertainty.
Waller outlines two tariff scenarios impacting inflation, growth, unemployment, and timing of potential interest rate cuts.
GBP/USD rebounds from 50-day average, targets 1.3270 and 1.3430 amid strong upward channel momentum.
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