BMO on The Day Ahead in Canada

BY MT Newswires | ECONOMIC | 06/17/25 07:54 AM EDT

07:54 AM EDT, 06/17/2025 (MT Newswires) -- Statistics Canada releases April figures on international securities transactions at 8:30 a.m. ET on Tuesday, noted Bank of Montreal (BMO).

StatsCan will also publish new consumer price index component weights at 8:30 a.m. ET Tuesday.

At 1:30 p.m. ET, the Bank of Canada's Summary of Deliberations from the June 4 policy meeting may shed light on what it will take for policymakers to become more comfortable with the inflation outlook, given still elevated core readings, stated BMO.

After back-to-back pauses, the bank looks for the BoC to resume rate cuts in July, assuming softer CPI data and further weakness in labor markets.

While markets might be disappointed that no trade deals were inked at the G7 summit, the good news is that the United States and Canada aim to work toward a trade and security deal within 30 days, aded BMO.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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