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Reuters: Payroll data on ice gives Wall Street newfound free time, but a big problem reading the economy

"Investors will fill the informational void left by the government shutdown with new trading narratives based on incomplete and misleading private-sector data releases, unfounded anecdotes, and flimsy rumors," Karl Schamotta, Corpay.

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Oct 3, 2025
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Canada Rate Policy Might Be ‘Sufficiently Restrictive,’ Gov. Tiff Macklem Says
Cross-Border

Canada Rate Policy Might Be ‘Sufficiently Restrictive,’ Gov. Tiff Macklem Says

Macklem’s comments “implicitly raised the bar for further increases in the Bank of Canada’s incredibly-aggressive, post-pandemic monetary tightening cycle” - Corpay’s Karl Schamotta

GLOBAL MARKETS-Stocks ease with Apple, dollar inches up after U.S. data
Cross-Border

GLOBAL MARKETS-Stocks ease with Apple, dollar inches up after U.S. data

Recent economic reports are "supporting the case for continued aggregate income growth while pushing recession worries further into the future" - Corpay’s Karl Schamotta

Mortgage renewal payments to be higher going forward even as rates get cut
Cross-Border

Mortgage renewal payments to be higher going forward even as rates get cut

Karl Schamotta, chief market strategist of Corpay and Royce Mendes, managing director and head of Macro Strategy of Desjardins, joins BNN Bloomberg to discuss Canada's housing market.

Corpay Cross-Border Named the Official Commercial FX Partner for Aston Villa Football Club
Cross-BorderGlobal payments

Corpay Cross-Border Named the Official Commercial FX Partner for Aston Villa Football Club

Providing access to currency risk management and cross-border payments solutions

ausbiz: Is the bottom in for the Australian Dollar?
Cross-Border

ausbiz: Is the bottom in for the Australian Dollar?

In his latest interview with ausbiz, Peter Dragicevich, at Corpay, discusses how the Australian Dollar has been hit from all sides, with a bout of risk aversion, interest rate differentials, and weaker Chinese growth weighing on the currency.

Dollar steady as Fed's Powell says higher rates may be needed
Cross-Border

Dollar steady as Fed's Powell says higher rates may be needed

"On balance, this is a modestly less hawkish speech than markets had feared," said Karl Schamotta, chief market strategist at Corpay in Toronto.

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