A week ago, the BOC took the policy normalisation lead among major central banks by deciding to taper QE.

Some major asset classes moved in line with expectations – and others against the grain.

Despite good data – why has the CAD been failing to gain any real momentum over the past few weeks?

A lot of the YY data points for Q2 in 2021 are expected to see some meaningful upside.

After a choppy first quarter of the year, risk assets have started the second quarter with a bang.

The CAD has been one of the least affected risk currencies during the latest round of sell-offs.

The EUR has been taking a beating from the GBP over the past few weeks – and more recently from the USD too.

For the past few weeks, the only game in town has been the move in global bond yields, with those in the US leading the way higher.

Hopes of “soothing talk” from the Federal Reserve were dashed with Jerome Powell’s speech.

Inside our Trading Terminal, we have seen multiple instances where rising yields have not pressured equities.