Explore the world.

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

World

Stay ahead.

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

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

Weekly Chartbook, January 24

The Bank of Canada set the stage for rate cuts. 

Overnight Index Swap-implied change in policy rate, %

US growth and rate expectations keep rising.

Consensus 2024 gross domestic product growth forecasts, %

But other economies might be bottoming. 

Composite purchasing manager indices, >50 = expansion, <50 = contraction

ECB policymakers will likely punt rate cuts to June.

M3 Money Supply, Adjusted Loans to Households, Adjusted Loans to Non-Financial Corporations, 12-month % change, NSA

Inflation could impact March rate cut odds, moving the dollar.

Implied likelihood of a March rate cut v. USDCAD exchange rate

Dollar Firms As US Inflation Accelerates, Loonie Tumbles On Disappointing Growth Data
Australian CPI surprise
Powell Turns Dovish in Jackson Hole, Triggering Dollar Plunge
US Rate Cut Expectations Tumble Ahead of Jackson Hole
What will Chair Powell say?
Outlook Improves As Global Private Sector Activity Rebounds