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September 26, 2025 1:30 PM UTC
July Canadian GDP followed three straight declines with a rise of 0.2%, stronger than the 0.1% preliminary estimate made with June’s data. The preliminary estimate for August is unchanged. If both August and September are unchanged Q3 GDP would be up by around 0.7% annualized after a decline in Q2
September 26, 2025 1:09 PM UTC
August personal income at 0.4% and spending at 0.6% are both a little stronger than expected while price indices are in line, 0.3% for overall PCE and 0.2% for the core rate, with the latter 0.227% before rounding. Each price index underperformed the August CPI counterpart by 0.1% (August PPI was so
September 26, 2025 12:34 PM UTC
Bottom Line: Despite expectations from the 80th United Nations General Assembly (UNGA) held in New York were high, it did not yield a solution to the war in Ukraine, but an escalation between the U.S. and Russia. The claims by president Trump as he shifted his position on the war, saying for the f
September 26, 2025 6:39 AM UTC
Banxico cut by 25bps to 7.5%. However, Banxico pushed up the near term inflation forecasts, which could mean that the November 6 meeting does not see a rate cut but rather Banxico waits until the December 18 meeting. This is our view and we look for 25bps to 7.25%. We then see two further 25bps