Canadian Exports (Feb) 66.31B vs. Exp. 64B (Prev. 62.48B)
Canadian exports have come in stronger than expected for February, totaling 66.31 billion, which is significantly above the forecast of 64 billion and also an increase from the previous month's 62.48 billion.
Daily US Equity Opening News - Trump address doesn't calm markets; AMZN in talks to buy GSAT
Rivian (RIVN) delivered 10,365 vehicles during Q1 (exp. 9,678); reaffirming 2026 delivery range guidance of 62-67k vehicles
Canadian Exports (Feb) 66.31B vs. Exp. 64B (Prev. 62.48B)
Blue Owl (OWL): Credit Income Co. received withdrawal requests estimated at 21.9% of the funds shares in Q1; Technology Income Co. received withdrawal requests estimated at 40.7% of fund shares in Q1.
No new bond sales are scheduled for Thursday’s session, via Bloomberg poll of syndicate underwriters; A modest USD 15-20bln of sales is expected next week as many US-based companies head into their earnings blackout periods
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This positive data suggests robust trade activity, which could have implications for GDP growth and potentially influence the Bank of Canada's outlook on monetary policy moving forward.
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