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Markets

Canadian Stocks Underperform
Canada’s S&P/TSX Composite index inched lower on Friday, underperforming its US counterparts on pressure from energy producers and banks as…
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Economics

US Manufacturing Growth Steady in April
The ISM Manufacturing PMI for the US remained unchanged at 52.7 in April 2026, matching its highest level since August…
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Metals

Gold heads for second weekly loss as higher-for-longer rate bets dominate
Gold heads for a second straight weekly decline as higher-for-longer rate bets weigh. Strong central bank buying and retail investment…
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Banks

USD/JPY: Intervention risk and oil focus shape outlook – BNY
BNY’s Bob Savage highlights that suspected FX intervention has driven a sharp Japanese Yen rebound, with the Ministry of Finance…
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Economics

UK Manufacturing PMI Revised Slightly Higher While Consumer Credit Inches Lower
The S&P Global UK Manufacturing PMI climbed to 53.7 in April 2026 from 51 in the prior month, slightly above…
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Metals

Aluminum Rebounds from 3-Week Low
Aluminum futures in the UK rebounded to $3,520 per tonne from the three-week low of $3,480 on April 29th amid…
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Markets

U.S. Futures Hold Rally
Futures tracking US equities were muted higher on Friday, holding their recent rally with support from fresh corporate earnings as…
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Economics

ECB’s Makhlouf: Will pay attention to indirect effects of higher energy prices
European Central Bank (ECB) governing council member and Governor of the Central Bank of Ireland, Gabriel Makhlouf, said in his…
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Banks

Bank of England: Active hold with June risks – Rabobank
Rabobank’s RaboResearch notes the Bank of England kept rates unchanged while striking an “alert but careful” tone, with Governor Bailey describing an…
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Banks

USD/JPY: Intervention buys time as risks persist – MUFG
MUFG’s Derek Halpenny argues that recent Japanese authorities’ action around the 160 level in USD/JPY likely reflects renewed intervention, with…
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