Canadian portfolio investment in foreign securities dropped to $15.63 billion in March from $27.15 billion.
South Korea eyes trade deal post-election, focusing on autos and steel; talks may resume mid-June.
US building permits fall; Dollar strengthens, impacting EUR/USD, gold dips; Ethereum surges post-upgrade; Trump secures trade deals.
Eurozone trade balance hits €36.8 billion in March, with exports rising faster than imports.
USD/CAD hovers near 1.3960; weak Canadian data, rate cut risks pressure Loonie despite stable US Dollar.
LVMH lags; Europe’s luxury market weakens, while US tech rebounds, challenging European stocks’ recent lead.
EUR/USD steady near 1.12; U.S. inflation expectations rise, supporting Dollar; Ethereum adoption surges.
South Korea seeks US tariff waiver, raising global concerns about fairness and consistency in trade policy.
Canadian Dollar stable; USD/CAD resists above 1.4000 amid US data, oil prices, and policy expectations.
Raphael Bostic sees one rate cut in 2024, citing inflation concerns and modest economic growth ahead.
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