Explore the world.

Assess underlying market conditions and fundamentals in the world's major economies.

World
Global
Americas
United States
Canada
Mexico
Europe
Euro Area
United Kingdom
Asia Pacific
China
Japan
Australia

Stay ahead.

Follow the biggest stories in markets and economics in real time.

Analysis
Blog
Views
Calendar

Subscribe

Get insight into the latest trends and developments in global currency markets with breaking news updates and research reports delivered right to your inbox.

After signing up, you will receive regular newsletters from Corpay, and may unsubscribe at any time. View Corpay’s Privacy Policy

Market Wire, North America

16 Aug 2022

Market Wire: Canadian Inflation Cools, But Broadens, Raising September Rate Expectations

Canadian headline inflation rates slumped again last month, but price pressures broadened across many services sectors, keeping the Bank of Canada on a tightening trajectory. Data released by Statistics Canada this morning showed consumer prices rising 7.6 percent year-over-year in July, with the month-over-month gain amounting to 0.1 percent, down sharply from 1.4 percent in June. Core inflation, computed as the average of the three price measures preferred by the Bank of Canada (trim, median, and common), increased an annualized 5.3 percent, up from June’s revised 5.23 percent as costs rose in a broader range of economic sectors. Core measures...

Read More Read More
10 Aug 2022

Market Wire: US Inflation Decelerates More Than Expected

Headline US consumer prices rose by less than anticipated in July, putting downward pressure on short-term yields as market participants brace for a more cautious approach from the Federal Reserve. According to data released by the Bureau of Labor Statistics this morning, the consumer price index climbed 8.5 percent in July from the same period last year, essentially flat on a month-over-month basis. Economists polled by major data providers expected a 9.1 percent annual gain and 0.2 percent relative to June. A 4.6 percent month-over-month drop in energy prices — helped by an 7.7 percent tumble in the gasoline sub-index....

Read More Read More
05 Aug 2022

Market Wire: US Job Growth Smashes Expectations, Dollar Rises

528,000 jobs were created in the United States last month – far above expectations, and sufficient to compel a larger rate increase at the next Federal Reserve meeting. According to data released by the Bureau of Labor Statistics this morning, the unemployment rate fell to 3.5 percent in July, and the participation rate moved down to 62.1 percent. Overall payroll employment has now exceeded pre-pandemic levels – hardly indicative of an economy toppling into recession. Average hourly earnings rose 0.5 percent month-over-month, accelerating from 0.3 percent in June. Ahead of the release, investors were positioned for a 250,000-job gain, with...

Read More Read More

About

Contact

Data and information on this website is provided “as is” and for informational purposes only. Information on the website does not bind Corpay in any way; nor is it not intended as advice, a recommendation or an offer or solicitation for the purchase or sale of any financial products. Data and other information are not warranted as to completeness or accuracy and are subject to change without notice. All charts or graphs are from publicly available sources, or our proprietary data. Nothing in this material should be construed as investment, financial, tax, legal, accounting, regulatory or other advice or as creating a fiduciary relationship. Corpay disclaims any responsibility or liability to the fullest extent permitted by applicable law, for any loss or damage arising from any reliance on our use of the data in any way. You should contact your Corpay sales representative for clarification on the range of financial instruments available in your jurisdiction. Copyright Cambridge Mercantile Corp. 2022.