The price of natural gas futures in the United States continued to rise, with an increase of 5%.Bank of Canada: Other federal and provincial policies will affect the dynamics of demand and inflation; The central bank will pay attention to potential trends. The decline in the level of immigration shows that the GDP growth in 2025 will be lower than the forecast of the central bank in October; Its impact on inflation will be more moderate.The Canadian dollar expanded its gains to an intraday high.
Market analysis: The US CPI report is in line with expectations, and the stock market will breathe a sigh of relief. Wasif Latif, chief investment officer of Sarmaya Partners, said that according to the latest US CPI report, the market will not be further impacted. Everything is in line with expectations, and the stock market seems to breathe a sigh of relief, because this is another steady report with no surprises. The stock market seems to be ready for higher-than-expected data, but since there is no accident, the market is relieved. Although the short-term bond market has some reaction, the long-term bond market has no reaction.After the announcement of the Bank of Canada's interest rate decision, USD/CAD fell 50 points to 1.4140.Industry ETFs generally rose at the beginning of the US stock market, with semiconductor ETFs rising by 1.2%, regional bank ETFs, banking ETFs and internet stock index ETFs also rising by at least 1%, while medical ETFs fell by more than 0.4%.
U.S. Department of Justice: An insider of Dominion Bank was arrested for assisting in money laundering.Goldman Sachs CFO Coleman: US President-elect Trump announced the chairman of the Federal Trade Commission (FTC). It is expected that this progress will lead to more M&A transactions.Head of Consumer Investment at Bank of America: It is estimated that consumer spending will increase by 7% this holiday season in the United States.
Strategy guide 12-13
Strategy guide
12-13
Strategy guide
Strategy guide 12-13