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North American Morning Briefing: Stock Futures Fall as Bond Yields Top 4%

North American Morning Briefing: Stock Futures Fall as Bond Yields Top 4%
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North American Morning Briefing : Stock Futures Fall as Bond Yields Top 4% - 2024-01-16

MARKET WRAPS

Watch For:

Empire State Manufacturing Survey for January; Canada Housing Starts for December; Canada CPI for December; earnings from Goldman Sachs, Morgan Stanley

Today s.
-January 16, 2024 at 06:09 am EST
- MarketScreener ....

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Cooling housing market could spur Bank of Canada to cut rates sooner

Bank of Canada could cut interest rates quicker than expected as higher borrowing costs chill housing market, says economist. Read more ....

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Marketmind: Bland China data leaves market hungry for stimulus

It could have been worse, is about the best that can be said of China's data dump today. Industrial output in June beat by rising 4.4% on year, but retail sales missed at 3.1% and property sales suffered the largest monthly drop this year, so making for a rather mixed bag. Investors' favourite liquid China proxy, the Aussie dollar, was modestly under water as analysts suspect Beijing will allow the yuan to keep depreciating as one form of indirect stimulus. ....

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MORNING BID EUROPE-Bland China data leaves market hungry for stimulus

MORNING BID EUROPE-Bland China data leaves market hungry for stimulus
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