
🇨🇦 Canada Interest Rate Decision: BoC Lowers Rates 📉
🟢 Rate Cut: The Bank of Canada has reduced its policy interest rate by 50 basis points, lowering it from 4.25% to 3.75%. 🟢 Market Outlook: Markets are pricing in a 25% chance of another 50 bps cut in December. 🟢 Economic Forecasts: The BoC revises near-term GDP and inflation expectations, adjusti

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EBC Markets Briefing | Magnificent Seven is losing lustre
US stocks suffered heavy selloff on Wednesday, pressured by a sharp spike higher in Treasury yields as traders feared that a new US budget bill would put even more stress on already large deficit. The new plan is expected to pass as lawmakers reach a compromise on SALT deductions heading into Memori



EBC 

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EBC Markets Briefing | EU firms yet to get out of the hole
European shares reversed early declines to close higher on Thursday, with industrial stocks getting the biggest boost. In spite of the newly-minted trade truce, Europe firms still face a fog of uncertainty. Despite the relatively upbeat first quarter in which 60% of companies beat estimates, consens



EBC 

European markets open mixed – Oil jumps
European markets are unsure of their direction begins the week with a mixed session. The Dow Jones industrial average futures are trading higher while investors are keeping a close eye on the U.S.-China tension
Global Stock Market Today
The global stock market had a mixed session today. Stocks in Ch