Canada building permits plunge 17.3% in July, far exceeding forecasts
Canadian building permits fell 17.3% in July, far exceeding the 6.4% decline expected, driven by broad weakness in non-residential and residential sectors.
Inflation, employment, growth data and central bank decisions, and how they reprice risk across markets.
Canadian building permits fell 17.3% in July, far exceeding the 6.4% decline expected, driven by broad weakness in non-residential and residential sectors.
US August retail sales rose 1.2% versus 0.8% expected. Prior month revised to -0.6%.
European markets steady before Fed decision, with oil and bond yields easing.
UK inflation rose to 3.1% in August, a five-month high, ahead of the Bank of England's interest rate decision.
The S&P 500 has reached a pain point with oil above $100, and a hawkish Fed could worsen losses.
Bitcoin fell below $75,500 after the Clarity Act vote failed, with the FOMC decision now in focus.
Markets expect a 25 bps Fed hike today, testing Kevin Warsh's credibility on forward guidance and independence.
Bitcoin and XRP fell after a Senate vote failed to advance the CLARITY Act, with markets now awaiting the Fed's rate decision.
Gold traders await the FOMC decision, with focus on Dot Plot and Middle East developments.
A source-checked analysis traces 75 AI agent statistics back to original reports, showing adoption figures vary by what is measured.
EU chief von der Leyen proposed Canada become the first 'associate member' of the EU, backing Carney's security and economic alliance pitch.
The Fed is set to hike by 25 bps, with traders watching the dot plot for clues on further tightening.
European stocks opened higher on Wednesday as oil prices eased and bond yields retreated, providing a respite ahead of the Fed's rate decision.
UK headline CPI rose to 3.1% in August, while core inflation held steady at 2.6%, in line with forecasts.
Ten-year bond yields in the US, UK, Japan, Germany and France hit multi-decade highs as oil above $100 fuels inflation fears.