Strong dollar wipes billions off US corporate earnings
“The big run-up in the US dollar, especially relative to euro and yen, has had a major lagging impact on earnings that we’re likely to see over a couple of quarters,” said Schamotta. Read Karl Schamotta's comments in the Financial Times article.
Peak prices? 'Not just yet' — What experts say about our hot inflation
“The loonie is trading sharply lower, and the shelter index could drop further as tighter financial conditions remove air from the housing markets," says Karl Schamotta, chief market strategist at Corpay.
Commodious Trading Inc. (CTI) is an international trader and processor specializing in the export of lentils, peas, chickpeas, canary, and flax seeds to world markets.
Bank of Canada uses 'shock and awe' to bolster inflation-fighting credibility
"Exceeding forward guidance might have been the point - by delivering more than expected, policymakers may have hoped to magnify the psychological impact on businesses and consumers," says Karl Schamotta, chief market strategist at Corpay.
Karl Schamotta, Chief Market Strategist and Karthik Sankaran, Senior Market Strategist, discussed what we can expect from currency markets in the short term, and coming into Q3. Tune in now!
