Post by
flamingogold on Apr 10, 2024 9:22am
Distribution miss?
Today's hot CPI# is going to pressure all indices. The June and now July US cuts look dead now. With DF already on the cusp, the chance of a distributiion miss is up.
Comment by
Markyp on Apr 10, 2024 9:31am
The numbers for the US didn't look good but for Canada they look promising for a rate cut. Am I wrong? I assume that will help Df?
Comment by
flamingogold on Apr 10, 2024 9:38am
Yes, but I'm referring to the current month. Rate cut in Canada likely in June but in the meantime we have to absorb the US data which negatively affects all indices for now.