Bank of Canada: Data-dependent through USMCA review – TD Securities

TD Securities expects the Bank of Canada to stay data dependent despite USMCA uncertainty. The bank sees a high bar for trade risks to alter the current path, with the next BoC hike projected for Q1 2027 while the Fed shifts toward easing.
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European Gas: Positioning signals upside risk – ING

ING highlights that investment funds in TTF gas remain relatively relaxed despite LNG supply disruptions in the Middle East.
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