Foreign investment in Canadian securities declined; AUD/USD neared 0.6400; gold prices hovered around $3,000 per ounce.
US NAHB housing index fell to 39 in March 2025, matching the lowest level recorded in 2024.
Retail sales rose 0.2%, missed expectations. AUD/USD neared 0.6400, Gold hovered $3,000, central banks monitor tariffs.
Hassett optimistic on trade; reciprocal tariffs start April 2; border, fentanyl progress aids talks; USD/CAD drops.
Canada’s portfolio investment in foreign securities dropped to -$3.15 billion in January, indicating significant withdrawal.
USDCAD remains bearish, breaching key technical levels. Further downside targets 1.4299, while resistance lies at 1.4383-1.4402.
GBP/USD saw modest losses but stabilized near 1.2950 as traders remained cautious before key economic events.
US stock futures steady; mixed retail sales; S&P 500 target adjusted; Fed rate cut expectations unchanged; investor sentiment mixed.
Canada’s housing starts fell short, while gold stays stable and cryptocurrencies recover amid economic concerns and central bank insights.
Empire manufacturing index contracted to -20.0, new orders fell, prices paid rose, employment declined, and future outlook weakened.
Insights 
VT 
