Mark Jolley from CCB International Securities has a contrarian view of the USD, expecting it to trend higher as risk comes off in the lead up to the U.S. election, and as Europe battles a second coronavirus wave.
Current U.S. real yields may get a "major increase" if the Fed changes its stance on them, but that shift may only happen post-U.S. elections and with a coronavirus vaccine launch, says David Kelly, chief global strategist at JPMorgan Asset Management.
Craig Chan of Nomura says the structural changes such as bond inflows, potential tariffs unwind under a Biden presidency and yuan's internationalization process could drive the currency to 6.4 against the dollar 6 months down the road.
Mona Mahajan of Allianz Global says as we head into last FOMC meeting before the Presidential elections, Fed Chairman Jerome Powell may call on to Congress to step up its fiscal stimulus.
Markets & Economics
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Chris Eggers says he and his wife were scammed out of nearly 600,000 PC Optimum points on Labour Day weekend after enrolling in a Shoppers Drug Mart promotion. Loblaw Companies Limited has apologized to the couple, but says the hack had no connection with the in-store promotion.
With support from a swath of pandemic relief measures set to expire this fall, a national restaurant association wants the government to consider a new way to support its struggling industry.
The U.S. Commerce Department on Saturday announced a one-week delay until Sept. 27 in an order issued Friday that was set to require Apple Inc and Alphabet Inc's Google to remove the TikTok app for download.
Air Canada and WestJet have cancelled 439 flights this month alone as Canadian airlines' hopes for a spike in demand fall flat due to the COVID-19 pandemic, snarling plans for the few passengers who remain.
The Canada Mortgage and Housing Corp. will be getting a new name in the coming months, part of a larger rebranding by the federal housing agency to better reflect its changing mandate.
The Treasury Board of Canada says it has uncovered suspicious activities on more than 48,000 Canada Revenue Agency accounts following cyberattacks in July and August.