The Bank of Canada cut borrowing costs by 25 basis points to 4.5%. Canadian factory sales fell 2.6% in June. The US composite PMI rose to 55.0, indicating strong business…

Data on Wednesday showed a drop in eurozone business activity in July. The composite PMI rose to 55.0, indicating an increase in business activity. Forecasts show that the economy grew…

Business activity in Britain's manufacturing sector improved more than expected. Last week, the pound hit a one-year high as bets on a BoE rate cut fell. Economists expect the US…

BoC policymakers are under more pressure to cut rates than other major central banks. Economists predict two rate cuts in the US this year. Ludi came under pressure when oil…

Toshimitsu Motegi said the BoJ should be clear about raising rates. Economists expect another quarter-point increase from the Bank of Japan. US President Joe Biden has finished campaigning for the…

China unexpectedly cut rates to boost economic growth. The economic situation in China remains bleak. This week, investors will focus on PMI, GDP and inflation data from the US. AUD/USD…

The USD/CAD outlook is upbeat as Canadian retail sales fell 0.8% in May. The BoC is likely to cut rates by 25 basis points on Wednesday. A Trump victory would…

Great Britain released data showing that sales fell by 1.2%. Markets have discounted the chances of a BoE cut in August due to still high services inflation. Joe Biden announced…

Powell indicated that policymakers were more confident about lowering inflation. The US reported better-than-expected sales in June. The ECB kept rates on hold but gave no clear guidance on the…

Data on Tuesday showed upbeat US retail sales, pointing to resilience. Inflation in Canada eased more than expected, fueling bets for a July rate cut. The Bank of Canada is…