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Commerzbank rates strategist Hauke Siemssen said expected slowing UK inflation should set the tone for bond markets this morning, while oil remains the dominant driver. Ongoing US–Iran strikes and Houthi threats to Red Sea shipping have lifted Brent

2026-07-22

Commerzbank rates strategist Hauke Siemssen said expected slowing UK inflation should set the tone for bond markets this morning, while oil remains the dominant driver. Ongoing US–Iran strikes and Houthi threats to Red Sea shipping have lifted Brent crude back to $92/bbl, prompting a bearish market tone. Siemssen said a decline in this morning’s UK inflation reading would likely produce a milder market backdrop.

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2026-07-22

Bank Indonesia governor said the central bank will take measures to mitigate potential El Niño-driven inflationary pressure on food prices.

Bank Indonesia governor said the central bank will take measures to mitigate potential El Niño-driven inflationary pressure on food prices.
2026-07-21

CIBC analysts said President Trump’s latest tariff threat against Canada — a U.S. announced on Monday to impose 50% duties on selected Canadian goods including alcohol, autos and dairy — marks the beginning of difficult negotiations over the USMCA. T

CIBC analysts said President Trump’s latest tariff threat against Canada — a U.S. announced on Monday to impose 50% duties on selected Canadian goods including alcohol, autos and dairy — marks the beginning of difficult negotiations over the USMCA. The tariffs are set to take effect in 30 days. CIBC noted the choice of goods appears politically driven and that the administration invoked Section 338 of the Tariff Act of 1930, which permits the president to levy duties up to 50% on countries deemed to discriminate against U.S. commerce.
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