External broker reports(aggregated public sources), Scotiabank

Scotiabank

Scotiabank’s global foreign exchange strategy team provides in-depth regional insights and macro-economic analysis for G10 and advanced economies, Asia Pacific, and Latin America. Find technical and fundamental strategy reports focused on trade ideas, market risks, and the unfolding macro outlook. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

FX & Rates

<ul><li>Markets are perhaps passing through the eye of the tariff storm.</li><li>After the first round of tariff threats leveled at Canada, Mexico and China over border and drug issues, President Trump’s tariff net has been cast wider to threaten, steel and aluminum, reciprocal tariffs on the US’ trading partners and, yesterday, the promise of 25% tariffs on (all?) autos, drugs and computer chip imports.</li><li>Markets have, perhaps become somewhat hardened to the president’s near constant threats of tariffs which are either delayed (as in the case of Canada and Mexico) or fail to appear without much explanation (as in the case of reciprocal tariffs).</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Markets are perhaps passing through the eye of the tariff storm.After the first round of tariff threats leveled at Canada, Mexico and China over border and drug issues, President Trump’s tariff net has been cast wider to threaten, steel and aluminum, reciprocal tariffs on the US’ trading partners and, yesterday, the promise of 25% tariffs on (all?) autos, drugs and computer chip imports.Markets have, perhaps become somewhat hardened to the president’s near constant threats of tariffs which are either delayed (as in the case of Canada and Mexico) or fail to appear without much explanation (as in the case of reciprocal tariffs).Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

FX Snapshot - CAD Volatility Slips, Spot May Settle into Range