Markets React to Cooling Inflation, But Trade Risks Loom Large Stock markets posted modest gains on Wednesday, with investors initially cheering softer U.S. inflation data before shifting focus back to the ongoing trade war. While the *February CPI report showed a weaker-than-expected increase of 0.2% MoM and 2.8% YoY, a closer look at subcomponents suggested …
Ontario’s Energy Policy and U.S. Tariff Developments: Trade Frictions Persist Ontario’s decision to suspend its 25% surcharge on electricity exports to the U.S. was a welcome development for North American trade relations. However, this was overshadowed by the Trump administration’s decision to move forward with a 25% tariff on steel and aluminum imports from Canada, …
China is back in focus as its latest consumer price index (CPI) data showed a surprising contraction of -0.7% year-on-year admist the global market uncertainty. While this raised some eyebrows, the Lunar New Year effect likely distorted the numbers. When adjusted for seasonal factors, the CPI remains positive, but the headline figure still stirs conversations …