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Microsoft (MSFT.O) CFO: We expect capital expenditures to accelerate in the second half of the fiscal year, partly due to third-party production capacity deliveries that were originally scheduled for the first half of the year but were postponed to t

2026-10-29

Microsoft (MSFT.O) CFO: We expect capital expenditures to accelerate in the second half of the fiscal year, partly due to third-party production capacity deliveries that were originally scheduled for the first half of the year but were postponed to the second half.

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2026-10-28

Major Canadian and international forecasters increasingly price a near-term BOC rate rise, but timing and follow-through are disputed. Several banks (BMO, Scotiabank, MUFG, BMO, HSBC, Manulife, Oxford Economics and others) see the BOC moving this mon

Major Canadian and international forecasters increasingly price a near-term BOC rate rise, but timing and follow-through are disputed. Several banks (BMO, Scotiabank, MUFG, BMO, HSBC, Manulife, Oxford Economics and others) see the BOC moving this month or by Dec–Jan, with a subset expecting two hikes (this month and again in Dec or by end‑March), a path that would lift CAD and tighten financial conditions. MUFG warns an October hike would fuel bets on another move in December. Manulife and Oxford explicit forecast hikes this month and in December; KPMG says it would not support an October hike but would not call it a policy error if taken. Citigroup, Standard Chartered and TD Securities see limited case for an immediate move given soft recent inflation and demand; TD and others judge current market pricing too aggressive. Reuters poll: of 34 economists 19 expect a hike to 2.50% this month; in a separate sample 16 of 29 expect two overnight‑rate increases by end‑March. Wall Street Journal polling also shows a majority expecting the BOC to raise rates for the first time in over three years, with most anticipating at least one additional hike thereafter.
2026-10-28

UK Chancellor John Healey said the Office for Budget Responsibility forecasts GDP growth of 1.6% in 2031.

UK Chancellor John Healey said the Office for Budget Responsibility forecasts GDP growth of 1.6% in 2031.
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