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Karl Schamotta, chief market strategist with Corpay, joins BNN Bloomberg to discuss how a new government could impact the loonie: https://lnkd.in/g-FDABuM

Tune into the latest CNBC feature of Street Signs with Sílvia Amaro and Corpay's Director of Currency Strategy, 🚵♂️ David Pierce 🏄🏻♂️. Given the Fed's recent announcement of rate cuts and the Central Bank's future outlook, Dave dives in on inflation and what to expect for upcoming potential rate cut timing. #cnbc #inflation #corpay #fed #ratecuts #banks #corporate #foreignexchange #fx

Corpay Cross-Border has received G2's Best Relationship Badge in Winter 2025 for Enterprise Payment Software! Have a look at our reviews on G2: https://hubs.ly/Q031GWqy0

Bond yields and the greenback are sitting on substantial gains this morning on the back of a report suggesting that the US could apply universal tariffs on its major trading partners, and after data released yesterday seemed to bolster the case for a slowing in the Federal Reserve’s easing cycle, triggering a pullback in market bets on rate cuts. More from Karl Schamotta: https://hubs.ly/Q031G_0R0

Karl Schamotta, chief market strategist, at Corpay in Toronto thinks, however, that the market is betting Trump "will ultimately implement a narrower set of tariffs on major trading partners, and is downgrading U.S. inflation and rate expectations in line with that." CNBC: Dollar firms as solid US data suggests Fed likely to slow easing cycle https://lnkd.in/gbR2ipA8

“It may be tempting to ascribe this (the loonie’s rise on Monday) to Prime Minister Justin Trudeau’s decision to step down yesterday,” Karl Schamotta, chief market strategist at Corpay Currency Research, said in a note. But Schamotta said that the loonie’s performance on Monday compared with other major currencies suggests otherwise. Financial Post: Any Trudeau effect on Canadian dollar wears off as reality sets in https://lnkd.in/g3AQffpV

Currency markets are suffering a case of whiplash after Donald Trump yesterday denied a report saying that his aides were exploring plans to implement a narrower set of tariffs than had been promised on the campaign trail. The article in the Washington Post, which suggested that the incoming administration would impose selective rather than universal tariffs, triggered a 1-percent drop in the dollar, but was rebutted a little more than three hours later by the president-elect in a Truth Social post in which he called it “fake news”. The greenback ended the day down roughly 0.7 percent as traders adopted a “where there’s smoke, there’s fire” interpretation, following a playbook established over dozens of similar episodes during the first Trump administration. More from Karl Schamotta: https://hubs.ly/Q031qsNV0

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Spain: Market Wire   "Buen inicio de semana para el euro, que ha recuperado más de un 1% frente al dólar en una jornada marcada por el repunte de la inflación en los principales países de Europa y los comentarios de Trump sobre su política arancelaria. La semana pasada, el EUR cayó frente al USD a su nivel más bajo en más de dos años y ayer recuperó terreno gracias a los datos de inflación europeos. El IPC de Alemania subió a 2,6% en diciembre, desde 2,2% en noviembre, superando las expectativas de 2,4% y marcando su nivel más alto en casi un año. Esto representó el tercer aumento mensual consecutivo de la inflación alemana."   Si quieres estar al día de todas las novedades en el mercado de divisas, no olvides suscribirte a nuestro análisis de divisas semanal, en castellano, con nuestro Co-Director para Corpay España, Roberto del Diego Monedero: https://lnkd.in/dTGSQpFJ   #eurgbp #eurusd #pagosinternacionales #divisas #fx

Karl Schamotta, chief market strategist with Corpay Cross-Border Solutions, said in a report Monday morning that investors need to be wary of potential tariffs. "Major unknowns remain, with the policies outlined in the Post article clearly at odds with Trump's previous threats," Schamotta wrote. "The president-elect could easily reverse market moves in a single swipe on Truth Social, and currency traders will remain in sell-first, ask-questions-later mode for now." Barrons: The Stock Market Is Off to a Strong Start in January. What Lies Ahead. https://lnkd.in/gDNsWzJK