NY Open: Inflation surge boosts CAD
A surprisingly strong Canadian inflation print has placed USDCAD on its back foot in the early New York session. Could this clear a path towards a September rate hike from the Bank of Canada?
Global trade is in the spotlight as Washington prepares to announce tariffs, with beijing's reaction the next major inflection point.
Join Saxo Bank head of commodity strategy Ole Hansen in his latest webinar where he discusses the risks and implications of various scenarios, including a full-blown trade war.
In focus are global growth, steel- and aluminium-dependent industries, and precious metals. Hansen also discusses fund positioning in the wake of the latest Commitment of Traders reports.
For more from Saxo Bank's webinars, see the calendar and archive here.