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Tag: Bank of Canada

Risk Aversion Seen Ahead of Hostile G6+1 Summit

Trade a Touchy Subject as Trump Isolates US Ahead of Quebec Meeting Financial markets are in risk aversion mode ahead of the G7 summit in Quebec on Friday, with investors potentially concerned as leaders clash over trade and other issues. While Trump has at times appeared friendly with certain other heads of state in the […]

Markets Mixed as Focus Turns to Brexit Talks

EUR Adds to Gains as ECB Mulls Over QE Exit It’s been a relatively quiet start to trading on Thursday, with much of the focus falling on the UK as it prepares for more Brexit talks with the European Union. Stock markets are trading relatively mixed while US futures are pointing to a similar open […]

Markets Pare Losses as Talks Continue in Italy

Five Star and Lega Reopen Discussions on Forming Government US futures are paring losses ahead of the open on Wednesday, similar to the moves we’re seeing in Europe as political uncertainty in Italy continues to act as a drag on risk appetite. It looked as though we were headed for fresh elections as early as […]