Brent crude closed near $106, down nearly 3%, on the same session in which U.S. forces struck Kharg Island, Iran's primary oil export terminal. Oil moving down on confirmed physical destruction of Ira

The Bank of Canada held at 2.25% on March 18 and explicitly named "economic weakness combined with rising inflation" as its central dilemma. The next decision is April 29, with a full Monetary Policy

The S&P 500 is down 5.1% year-to-date as Liberation Day tariffs took effect April 2 under a new Section 301 framework. The "Sell America" trade that emerged one year ago has become a structural realit

The U.S. added 178,000 jobs in March, triple the consensus estimate, but the number landed on Good Friday when equity markets were closed. By today's open, Iran had consumed all the oxygen. The strong

The BoC's March deliberations were released Wednesday, revealing a governing council explicitly weighing whether the oil shock would push inflation broadly higher or remain contained to energy

Five weeks of sustained oil shock changes the planning calculus. What looked like a short-term geopolitical spike in late February now has structural characteristics that warrant a deliberate account-

The ceasefire hope-and-disappointment cycle has now repeated three times since the Iran war began on February 28: oil fell on March 23 when Trump suggested talks, surged on March 27 when they failed,

The 5-year GoC bond yield moved from 2.7% to 3.2% this month without the BoC changing its rate. That 50-basis-point repricing has already pushed fixed mortgage rates higher at major lenders, affecting

The Bank of Canada publishes its March 18 deliberations today at 1:30 PM ET, providing the most detailed window yet into how Governing Council is thinking about an economy simultaneously hit by a coll

Trump posted on Truth Social this morning that Iran's president asked the U.S. for a ceasefire and he will consider it only after the Strait of Hormuz is "open, free, and clear." Iran has not confirme

Inflation is heading above 3% in March as the oil shock passes through to gasoline, transportation, and food costs, the first breach of the Bank of Canada's upper target band since 2023