Canadian PM Carney says fuel excise tax on gas and diesel will be suspended, effective April 20th through September 7th, in an effort to ease short term cost pressures

The decision by Canadian PM Carney to suspend the excise tax on fuel is a clear effort to combat rising cost pressures felt by consumers and businesses.

Newsquawk StaffPublished 14 Apr 2026, 14:24 UTCOn the live feed at 14:04 UTC — 9 more headlines followed before this page went public

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14:09

The US Treasury has issued Russia-related general license authorising certain deals involving Lukoil retail service stations outside of Russia

14:07

BoE's Greene (Hawkish) says UK activity was already pretty weak before the Iran war, the war impact is inflationary

14:04

Canadian PM Carney says fuel excise tax on gas and diesel will be suspended, effective April 20th through September 7th, in an effort to ease short term cost pressures

14:03

Russia is considering excise tax on imported steel, according to IFX

14:01

US EQUITY OPEN: Risk-on seen amid greater optimism surrounding US/Iran talks

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Context

This move could influence inflation expectations and potentially affect the monetary policy outlook, particularly as central banks assess the trade-off between growth and inflation management. Market participants will want to watch for any implications this has on interest rates and fixed income dynamics going forward.

Fixed Income · last 90 days

Recent headlines that moved markets

FIXED INCOME/4 Sept · 12:30 UTC

US Non Farm Payrolls (Aug) 162K vs. Exp. 56K (Prev. 21K); 2-month net revision +55k; Birth-Death 154K.

- UST futures, after we published−0.4%

In an immediate reaction to the healthy jobs market report: ES futures fell whilst the probability for a 25bps Fed hike at the next meeting rose to ~65% from just under 50% pre-data.

FIXED INCOME/4 Sept · 12:30 UTC

US Non Farm Payrolls (Aug) 162K vs. Exp. 56K (Prev. 21K); 2-month net revision +55k; Birth-Death 154K.

- UST futures, after we published−0.4%

FIXED INCOME/3 Sept · 12:48 UTC

Fed Governor Waller (Voter) Q&A: With CPI and PPI in hand, have a pretty accurate view of PCE inflation; there is little cost to waiting one meeting.

10yr UST futures, after we published+0.1%

FIXED INCOME/25 Aug · 19:26 UTC

A ceasefire between the US and Iran has been agreed upon, it includes free navigation in the Strait of Hormuz and will be announced in the coming days, reports Ria citing Pakistani and Iranian sources

10yr UST futures, after we published+0.1%

EQUITIES/8 Sept · 05:24 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Equity indices, after we published−0.3%

ENERGY/8 Sept · 05:23 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Brent Nov'26, after we published+1.0%

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