Canadian Core Inflation Rate YoY (Jun) Y/Y 2.1% (Prev. 2.2%)
The Canadian core inflation rate eased to 2.1% year-on-year in June, down from the previous 2.2%.
Yemen Houthi Spokesperson says if the Saudi siege on Yemen is not lifted, the country's armed forces will move towards a full-scale war.
UK PM Burnham "is expected" to begin appointing his Cabinet from 2pm, Politics UK reports
Canadian Core Inflation Rate YoY (Jun) Y/Y 2.1% (Prev. 2.2%)
Netflix (NFLX) files to sell 10-year notes; USD denominated
[MARKET UPDATE] Dollar gains and gold falls after Houthis announce a ban on maritime navigation for Saudi-linked vessels
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This modest decline may suggest that inflationary pressures are stabilizing, which could influence expectations for future Bank of Canada policy adjustments. Watch for how this data interacts with CAD performance, particularly in Forex markets, as traders assess the implications for growth and inflation moving forward.
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