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Economists, Traders See Growing Bets for Bank of Canada Hike Next Week
More economists and traders expect the Bank of Canada to hike interest rates next week, after the central bank’s latest surveys showed inflation expectations rising.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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Asian stock markets broadly fell on Monday, with the Nikkei 225 down 2% and South Korean stocks down 1.6%. Oil prices declined as Donald Trump considered exempting some sanctions against Russia, with Brent crude falling 1.6% to $108.06 per barrel. Iran reported another oil tanker hitting a mine in the Strait of Hormuz.
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Oil steadies after Friday's jump; Middle East, Ukraine flare-ups dim crude flow prospects
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The euro fell against most G10 currencies as Russian risks and French protests weighed on trader sentiment.
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Barclays: Global data center new capacity growth will slow from over 100% in 2026 to approximately 35% in 2027, affected by physical bottlenecks and financing pressure.
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