EUR/USD
1.04173
0.010%
Gold
2742.99
1.264%
Oil
75.854
-0.519%
USD/JPY
155.567
-0.033%
GBP/USD
1.23245
-0.029%
GBP/JPY
191.732
0.010%
Real-time News
January 22, fixed income strategists at CIBC Capital Markets said they doubted whether Trump would impose a general 25% tariff on Canadian goods. This move threatens Trumps promise of cheaper energy and could cause damage to the two countries closely integrated auto industry. Instead, the United States is more likely to impose tariffs of 10% to 20% on Canadian imports, excluding commodities and automobiles. According to the agencys data, in this case, the impact on Canadas GDP will be between 1.35% and 3.25%. The Bank of Canadas policy rate may fall further than current market expectations, between 1.65% and 2.2%. The Bank of Canadas current policy rate is 3.25%, and it will make an interest rate decision next week.Hang Seng Index futures closed down 0.65% at 20,028 points in the night session, 79 points below the spot price.On January 22, Wopke Hoekstra, the European Commissions Commissioner for Climate Action, said on January 21 local time that the EU regrets the US withdrawal from the Paris Agreement. He said that despite the setbacks, the EU is committed to working with the United States and other international partners to address the urgent issue of climate change. Wopke Hoekstra stressed that the Paris Agreement has a solid foundation and will continue to be effective.The Federal Reserve accepted a total of $96.015 billion in fixed-rate reverse repurchase operations.The winning rate for the U.S. 1-year Treasury bond auction on January 21 was 4.025%, compared with the previous value of 4.07%.
