Weekly wrap up with Stuart

US equity futures are firmer, as the return to risk-on positioning remains in place globally. The surge in worry about inflation and central bank policy has subsided, at least for now, allowing Wall Street to move higher. The USA30 is 0.5% higher while the USA500 mini and USA100 mini have climbed 0.4% in pre-market trading. Canada March retail sales beat estimated as they came out at +3.6% vs +2.3%. USDCAD is traded at 1.2038 currently.

Today’s earnings calendar has reports from Deere, Mitsubishi Financial, Sumitomo Mitsui, Mizuho, and Booz Allen Hamilton.

 

Click here to access our Economic Calendar

Stuart Cowell

Head Market Analyst

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