HEWC News and Press, iShares Currency Hedged MSCI Canada From 10/26/22

Summary The Bank of Canada undershot its previously telegraphed +.75bps rate hike with a +50bps hike. While the US and Canadian central banks both say there’s more tightening yet to do, what they’ve already done will slow demand and drive up unemployment for many mon...

Summary While headline inflation slowed on lower gasoline prices, the core measures rose more than expected, confirming that underlying price pressures continue to run hot. The belief that the risk of doing too little to tame inflation outweighs the cost of doing too much is now w...

Summary The Chinese leader’s address spanned a wide range of topics from the nation’s zero-COVID policy to its growth objectives. Regarding China’s zero-COVID strategy, Xi touted its success in containing the virus and signaled that a relaxation of the policy ...

Summary Why supply chains are no longer behind our inflation troubles. As inflation pressures continue, the wisdom of rates hikes questioned. With U.S. core inflation still rising, odds grow of another big rate hike. The latest U.S. inflation data shows price...

Summary Following a dizzying rally during the Covid recovery, global housing markets have cooled recently as affordability has declined. In Sweden, the combination of mostly floating mortgages, uncomfortably high inflation, and a central bank behind the curve but determined to cat...

Summary Active central banks may create attractive opportunities for discretionary macro managers who can take advantage of higher volatility, higher rates and dynamic policy changes. The Russia-Ukraine conflict remains a large overhang across almost the entire commodity complex. ...

Against a backdrop of rising interest rates and slowing demand, Canadian business sentiment has fallen the most since the Covid-19 pandemic started, the Bank of Canada's survey signaled on Monday. Specifically, the BoC's business outlook gauge in Q3 dipped to 1.69 from 4.87 in t...

Summary Both the Empire Manufacturing Survey and Philly Fed business outlook are expected to remain in contraction territory. Earnings season heats up as we hear from Bank of America, Goldman Sachs, Netflix, and Tesla. Japan may need to intervene in the FX market again as the ...

Summary Will these concerns about the UK bond market cause central banks to consider a rate-hike pivot? Why the Fed will likely stay the course, even if 'material risks' emerge. What happens if governments can't service their debts? The Bank of England has in...

Summary Are October rallies just bear traps in disguise? When will we see a turn in inflation? How to navigate bear markets. September was a brutal month for equities. Could markets strengthen this fall or are rallies just bear traps in disguise? Kim Parlee t...