Market Insights with Gary Thomson: Canada Inflation, US Core Consumer Metrics, and Earnings Reports

FXOpen

In this video, we’ll explore the key economic events, market trends, and corporate news shaping the financial landscape. Get ready for expert insights into forex, commodities, and stocks to help you navigate the week ahead. Let’s dive in!

In this episode, we discuss:

  • Inflation Rate in Canada
    Canada’s inflation data on 24 June comes amid warnings from Governor Macklem about trade-related price pressures. April’s headline inflation fell, but core inflation stayed high. A hot May reading could further reduce chances of rate cuts and lift the loonie.
  • US Durable Goods Orders
    U.S. durable goods data, due 26 June, follows April’s sharp 6.3% drop after tariff impacts and fading demand. A rebound is expected—its strength could sway the dollar’s direction. Will a stronger rebound in durable goods orders boost the U.S. dollar?
  • US PCE Price Index, Personal Income & Personal Spending
    On 27 June, all eyes turn to the Fed’s favoured inflation gauge—the PCE Index—alongside U.S. personal income and spending data. Last month showed modest inflation but strong income growth, creating a mixed outlook. Surprises this time could spark market volatility. Will the latest PCE data shift expectations for Fed policy and rattle markets?
  • Corporate Earnings Statements
    This week’s diverse corporate earnings—from transport to tech and retail—offer a broad read on the U.S. economy. Key reports from FedEx, Micron, and Nike could drive sector-wide S&P 500 moves and heighten volatility.

Don’t miss out — gain insights to stay ahead in your trading journey.

Watch it now and stay updated with FXOpen.

This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

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