First Squawk
2.92K subscribers
31 photos
193 links
Download Telegram
CANADA BOC INTEREST RATE DECISION ACTUAL: 2.25% VS 2.25% PREVIOUS; EST 2.25%
(@FirstSquaw)
BOC MPR ASSUMES PRICE OF BRENT WILL DECLINE TO AROUND $70 BY END-2027, SAYS OUTLOOK FOR OIL PRICES REMAINS HIGHLY UNCERTAIN
(@FirstSquaw)
BANK OF CANADA SEES 2026 GROWTH AT 0.7% (VS 1.2% IN APRIL MPR), SEES 1.8% GROWTH IN 2027 (VS 1.6%), 1.8% IN 2028 (VS 1.7%) || ANNUALIZED Q2 GDP SEEN AT 2.5% (VS 1.5% IN APRIL), 1.5% IN Q3 || INFLATION TO AVERAGE 2.5% IN 2026 (VS 2.3% IN APRIL), 2.0% IN 2027 (VS 2.1%), 2.1% IN 2028 (VS 2.0%)
(@FirstSquaw)
BOC: Q2 OUTPUT GAP IS ESTIMATED TO BE IN RANGE OF -1.5% TO -0.5%, UNCHANGED FROM APRIL MPR || POTENTIAL OUTPUT GROWTH IN 2026 SEEN AT 1.1% (VS 1.2% IN APRIL) || NOMINAL NEUTRAL INTEREST RATE IS ASSUMED TO BE AT THE MIDPOINT OF ESTIMATED 2.25% TO 3.25% RANGE, UNCHANGED FROM APRIL
(@FirstSquaw)
BOC MPR ASSUMES USMCA TRADE DEAL WILL REMAIN IN PLACE WITH ANNUAL REVIEWS, ASSUMES SHIPPING THROUGH HORMUZ STRAIT GRADUALLY RETURNS TO NORMAL
(@FirstSquaw)
BANK OF CANADA GOVERNOR TIFF MACKLEM SAYS INFLATION IS POISED TO EASE GRADUALLY PROVIDED GLOBAL OIL PRICES DECLINE, PREPARED REMARKS SHOW
(@FirstSquaw)
MACKLEM: DATA WE HAVE RECEIVED SINCE APRIL HAVE INCREASED OUR CONFIDENCE THAT THE ECONOMY IS WORKING ITS WAY THROUGH PERIOD OF GLOBAL UPHEAVAL
(@FirstSquaw)
MACKLEM: LONGER TERM INFLATION EXPECTATIONS REMAIN WELL ANCHORED
(@FirstSquaw)
MACKLEM: BIGGEST RISKS ARE CONFLICTS WITH THE MIDDLE EAST AND TRADE RELATIONSHIP WITH THE US
(@FirstSquaw)
BOC SAYS UNCERTAINTY IS STILL HIGH
(@FirstSquaw)
BOC SAYS RECENT INDICATORS POINT TO CONTINUED SOLID CONSUMER SPENDING
(@FirstSquaw)
BOC SAYS SOURCES OF ECONOMIC GROWTH APPEAR TO BE BROADENING
(@FirstSquaw)
BOC SAYS CANADA’S ECONOMY IS SHOWING SIGNS OF IMPROVEMENT
(@FirstSquaw)
BOC SAYS CANADA’S ECONOMY IS SHOWING SIGNS OF IMPROVEMENT
(@FirstSquaw)
BOC HAS DROPPED REFERENCE TO CONSECUTIVE HIKES
(@FirstSquaw)
BOC ALSO DROPS REFERENCE TO CUT
(@FirstSquaw)
SENATE COMMITTEE ADVANCES BLS NOMINEE MATSUMOTO TO FLOOR VOTE
(@FirstSquaw)
SENATE COMMITTEE VOTES 12-11 IN FAVOR OF TRUMP’S PICK FOR BLS
(@FirstSquaw)
ANTHROPIC,BLACKSTONE,HELLMAN & FRIEDMAN LAUNCH AI SERVICES FIRM
(@FirstSquaw)
IMF STRATEGY CHIEF: GOVERNMENTS MUST PAY CLOSE ATTENTION TO DEBT, INFLATION, GROWTH, JOBS FINANCIAL STABILITY
(@FirstSquaw)
SENIOR AMERICAN OFFICIAL: THE TALKS BETWEEN THE US, ISRAEL, AND LEBANON HAVE CONCLUDED AFTER TWO DAYS OF FRUITFUL AND POSITIVE DISCUSSIONS IN ROME. WE HAVE AGREED ON THE STRUCTURE AND GUIDELINES FOR THE REGIONAL PILOT PROCESS, WHICH WILL BE FINALIZED AND IMPLEMENTED IN THE COMING DAYS. WE WILL NOW MOVE TO EXPANDED TECHNICAL TALKS, WHICH WILL FOCUS ON IMPLEMENTING ALL AREAS OF THE FRAMEWORK AGREEMENT WITH THE AIM OF REACHING A COMPREHENSIVE AGREEMENT BETWEEN ISRAEL AND LEBANON.
(@FirstSquaw)