Market context
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US equity futures edged higher as Nasdaq contracts led a pre-market rebound driven by recovering semiconductor shares and lower oil prices. However, trading remains cautious ahead of retail sales dat…
President Trump announced a de-escalation of tensions in the Hormuz Strait, including the lifting of a naval blockade and cooperation on nuclear material disposal. The prospect of unrestricted shippi…
Dollar rebounds amid Fed cut pricing and U.S. data gaps while BOJ caution keeps yen under pressure; euro and sterling little changed, and the Canadian dollar weakens as oil falls to four-month lows.
Canadian 10-year yields fell while U.S. yields rose and oil prices slid, weakening the loonie; USDCAD traded around C$1.3916 after an intraday 1.3897-1.3935 range.