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Canadian Highlights A call for a jumbo cut to head off mortgage reset rates must be assessed carefully. Surprisingly, roughly a quarter of mortgages will reset at a LOWER interest rate next year. For those renewing into higher rates, the shock might be milder than expected, given a 30% increase in home prices and wages. […]

The post The Weekly Bottom Line: Canada’s interest rate conundrum; Too much of a good thing appeared first on Action Forex.

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31/05/2024

Week Ahead – ECB Rate Cut Might Get Eclipsed by BoC Surprise and NFP Report

ECB set to slash rates on Thursday, focus on forward guidance But will the BoC take the lead when it meets on Wednesday? US jobs report eyed on Friday as Fed unyielding on cuts OPEC+ might extend some output reductions into 2025 ECB poised to cut rates, but what’s next? The path by central banks […]
23/09/2024

Carry Trade to Give Way to Longer-Term Investment in Asian Growth

Attractive growth opportunities in Asia will support currencies and yields despite a narrowing rate differential with the FOMC. With the US FOMC having started its rate easing cycle, central bankers across emerging markets (EMs) are also getting ready to adjust policy. At the end of this cycle, policy rates across the region are likely to […]
24/07/2024

Oil Price Update: Brent Holds Critical Support Amid US Inventory Decline

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