By Krishna Kumar — Mar 11 - 07:39 PM
• USD/CAD steady in early Asia after closing unchanged on Tuesday
• Buffeted by tariff news as Trump doubles metals tariffs, then backs off
• Ontario Premier Ford vows to impose electricity levy, then suspends it
• Ford meets U.S. Commerce Secretary Howard Lutnick on Thursday
• Canada could restrict its oil exports to US if trade war escalates-CERAWEEK
• Bank of Canada rate decision Wed, 25 bps cut to 2.75% almost fully priced
• At least 2 further cuts expected by end 2025 as economic recovery threatened
• Tue range 1.4380-1.4520, Asia range 1.4421-1.4441; trade 1.4350-1.4550
range
Candian oil exports to the United States:
(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters