The Bank of Canada unexpectedly raised its benchmark interest rate by only 50 bps to 3.75 % while the markets expected a 75 bps increase to 4.00%.
Investors will focus now on BoC Governor comments during the press conference regarding the economic outlook, inflation and fiscal policy.
What to expect from economic data and corporate earnings this week? ❓
Daily summary: AI optimism, Nvidia stock surge & second round of US - Iran talks drive optimism on Wall Street
Economic calendar: US UoM data in the spotlight (24.04.2026)
BREAKING: US PMIs beat estimates 📈 Stocks back in the green