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BofA: Bank of Canada in no rush to ease despite dovish hints

Investing.com -- Bank of America (NYSE:BAC) Securities said the Bank of Canada’s decision to hold its policy rate at 2.75% reflects a wait-and-see approach amid persistent inflation and geopolitical trade uncertainties. The central bank’s June 4 announcement kept rates unchanged, in line with expectations, while highlighting “some unexpected firmness in recent inflation data” and ongoing concerns over U.S. tariffs.

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Oil Traders Flock to Niche Options Market to Bet on Glut

(Bloomberg) -- Investors have ramped up wagers in a relatively obscure corner of the oil market that OPEC+ output hikes will lead to an eventual glut toward the end of this year and into 2026. Most Read from BloombergICE Moves to DNA-Test Families Targeted for Deportation with New ContractNext Stop: Rancho Cucamonga!The Global Struggle to Build Safer CarsUS Housing Agency Vulnerable to Fraud After DOGE Cuts, Documents WarnNYC Residents Want Safer Streets, Cheaper Housing, Survey SaysOpen interes

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Emerging Assets Surge on Risk Rally Fueled by Bleak US Data

(Bloomberg) -- Emerging-market assets surged across the board Thursday, as another round of jobs data soured sentiment in the US.Most Read from BloombergICE Moves to DNA-Test Families Targeted for Deportation with New ContractNext Stop: Rancho Cucamonga!The Global Struggle to Build Safer CarsUS Housing Agency Vulnerable to Fraud After DOGE Cuts, Documents WarnNYC Residents Want Safer Streets, Cheaper Housing, Survey SaysMSCI’s EM stock gauge has advanced 2.2% this week, reaching its highest leve

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Traders Embrace September Fed Rate Cut Amid Job Market Weakness

(Bloomberg) -- Bond traders priced in an earlier start to expected Federal Reserve interest-rate cuts on fresh clues the US job market is losing momentum.Most Read from BloombergICE Moves to DNA-Test Families Targeted for Deportation with New ContractNext Stop: Rancho Cucamonga!The Global Struggle to Build Safer CarsUS Housing Agency Vulnerable to Fraud After DOGE Cuts, Documents WarnNYC Residents Want Safer Streets, Cheaper Housing, Survey SaysSwap contracts tied to Fed policy shifts briefly tr

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