gas, and energy products are Canada’s primary exports to the US which, alongside automobiles, could be most impacted by US tariffs. In this scenario, Canada’s trade balance is likely to suffer and have a nega
This document is being distributed in Botswana by, and is attributable to, Standard Chartered Bank Botswana Limited which is a financial institution licensed under the Section 6 of the Banking Act CAP 46.04 and is listed in the Botswana Stock Exchange.This document is being distributed in Brunei ...
But this time, the need for hydrogen is no longer theoretical, according to Janet Howard, a partner at Canadian law firm Fasken. Achieving economy-wide decarbonization will require carbon-free solutions in sectors where electrification alone seems unlikely to fit the bill. The question, many now ...
There is likely to be a lot of focus on Canadian economic growth data. The market expects an improvement in this week’s data as spending accelerated into year-end on the back of a temporary tax holiday in 2024. However, we believe the CAD is likely to remain under pressure in the near...
This document is being distributed in Botswana by, and is attributable to, Standard Chartered Bank Botswana Limited which is a financial institution licensed under the Section 6 of the Banking Act CAP 46.04 and is listed in the Botswana Stock Exchange.This document is being distributed in Brunei ...
Canadian and Mexican currencies pared gains. Oil prices slumped after Trump signed orders aimed at boosting US energy production. US stock markets were closed for a holiday on Monday, but equity futures rose. Asian equities were little changed on Tuesday, while Hong Kong rose after Trump held ...
Well-supported oil prices are likely to bolster the CAD. We expect USD/CAD to trade in a range around our 3m forecast of 1.3500, with a bearish bias. Key resistance is at 1.3610, with a vulnerable Canadian housing market and slower growth representing upside risks, while an important support...
CAD boosted as Trudeau resigned as Liberal Party leader:USD/CAD fell 0.8% after Canadian PM Trudeau resigned as head of the ruling party, triggering a contest to replace him as Prime Minister. We see limited downside for the pair, with support at 1.4130, given Canada’s weak economic backdr...
Canadian and Mexican currencies pared gains. Oil prices slumped after Trump signed orders aimed at boosting US energy production. US stock markets were closed for a holiday on Monday, but equity futures rose. Asian equities were little changed on Tuesday, while Hong Kong rose after Trump held ...
Canadian and Mexican currencies pared gains. Oil prices slumped after Trump signed orders aimed at boosting US energy production. US stock markets were closed for a holiday on Monday, but equity futures rose. Asian equities were little changed on Tuesday, while Hong Kong rose after Trump held ...