Author: Robert Jessi

US and Iran renew attacks. Oil prices spike – US inflation data on tap. – US is clawing back some overnight losses. USDCAD open: 1.4086, overnight range 1.4084-1.4158, close 1.4159, WTI 80.59, Gold 4, …

Open this photo in gallery:The Bank of Canada building is on track to keep the policy rate at 2.25 per cent for the sixth consecutive time.Sean Kilpatrick/The Canadian PressThe Bank of Canada is expected to remain in cruise control this week with lower oil prices and a string of positive economic data providing an easier backdrop for a stand-pat interest rate decision. Since the start of the U.S.-Iran war in February, the central bank has been pulled in two directions, creating what Governor Tiff Macklem has called a “dilemma” for monetary policy. The surge in global oil prices drove up…

Form 4 Lattice Semiconductor Corporation For: 14 July

Canada’s need for a national office for climate adaptation is clear. Despite notable adaptation initiatives by various financial institutions and forward-looking municipalities, major gaps in adaptation funding, policy and implementation continue to hamper federal and provincial governments. The lack of a national office to help address these public-sector weaknesses is remarkable given the escalating costs and rising risks of extreme weather from climate change. Since 1983, Canada has experienced more than 300 catastrophic weather events (extreme weather occurrences causing more than $30 million in insured losses; $25 million prior to 2022). Four decades ago, Canada averaged about two catastrophic events annually;…

has jumped, but still isn’t fully pricing in a fully-fledged new supply shock, meaning short-term risks remain on the upside for the dollar. So far, the rate differential is keeping afloat thanks to hawkish repricing of ECB expectations alongside the Fed’s, but further energy price increases should overcome rates as a primary driver USD: Room to Rally Short-term momentum is swinging back in favour of the dollar as the FX market is finally starting to take the Gulf re-escalation more seriously. Still, both oil ( is at $84/bl this morning) and the USD are showing reluctance to fully price back…

USD The dollar closed Monday firmer against every G10 currency, with the back above 101 by the close of play, though the session was choppy. Early buck strength faded through the London morning before President Trump’s announcement that the US would reinstate a blockade on Iranian shipping, alongside a 20% levy on cargo transiting the Strait of Hormuz, reignited a haven bid. rose roughly 10%, breaking above $80 per barrel, while ground up towards 4.6%, and Governor Waller hinted that hot core inflation readings this week could prompt near-term tightening, all to the benefit of the dollar. Overnight, the US…

US and Iran renew attacks. Oil prices spike – US inflation data on tap. – US is clawing back some overnight losses. USDCAD open: 1.4086, overnight range 1.4084-1.4158, close 1.4159, WTI 80.59, Gold 4, …

The Canadian Dollar (CAD) trades firmly against its major currency peers, but is flat at around 1.4160 against the US Dollar (USD) during the European trading session on Monday.The Loonie outperforms as Oil prices have increased significantly, following the announcement that Iran has closed the Strait of Hormuz, a vital passage to almost one-fifth of the global energy supply, again. As of writing, the WTI Oil price is up 3.75%, above $74.00. Given that Canada is a net energy exporter, higher oil prices bode well for the Canadian Dollar. Canadian Dollar Price Today The table below shows the percentage change…

US consumer inflation likely increased at a slow pace in June as gasoline prices retreated

Canada’s financial services sector continues to swim on the tide of technology. While banks have long embraced digital channels, 2026 marks a turning point where two technology-driven trends are moving from pilot projects and policy discussions into large-scale implementation: Artificial intelligence (AI) and consumer-driven banking, which is often referred to as open banking. For a few years, Canada lagged behind countries such as the U.K. and Australia in implementing open banking. That is now changing as the federal government’s consumer-driven banking framework rolls out during 2026, giving Canadians greater control over their financial data and allowing them to securely share…