-- 加拿大道明银行(TD)在周一公布CPI数据后表示,3月份加拿大总体消费者价格指数(CPI)同比上涨2.4%,略低于市场预期。 该行指出,能源价格上涨是CPI上涨的主要原因,剔除能源价格后,CPI同比涨幅仅为2.2%,涨幅较为“温和”。 3月份汽油价格环比飙升21%,创历史最大涨幅。 道明银行指出,油价上涨推高了3月份加拿大的通胀。尽管油价近期有所回落,但仍比一年前高出近40%。这意味着能源价格上涨可能会在一段时间内继续推高总体通胀。 该行表示,随着取消消费者碳税的抑制作用从同比通胀计算中消失,4月份的通胀数据可能会大幅上升。 鉴于加拿大整体经济形势疲软,道明银行预计,取消碳税对核心价格的影响将“较为温和”。今年核心通胀率预计将与2%的目标值保持相对接近。 市场普遍预期加拿大央行将在下周的政策声明中维持其关键政策利率在2.25%不变。加拿大央行将密切关注其对油价飙升对加拿大经济影响的评估。
Related Articles
US Equity Indexes Decline as Fate of Iran Peace Talks Hangs in Balance
US equity indexes fell, while crude oil futures jumped amid high-stakes diplomacy aimed at bringing Iran back for a second round of talks in Pakistan.The Nasdaq Composite fell 0.5% to 24,344.1, with the S&P 500 down 0.3% to 7,101.5, after breaking records late last week when President Donald Trump talked up the likelihood of an Iran peace deal before the end of the current, two-week ceasefire on Tuesday. The Dow Jones Industrial Average fell 0.1% to 49,378.5.Consumer discretionary, communication services, and technology led decliners intraday. Energy and materials were among the biggest gainers.Risk appetite is "on the run" to start the fresh trading week, Derek Holt, head of capital markets economics at Scotiabank, said in a note on Monday. Trump, on Friday, appears to have "grossly overstated" progress toward an agreement with Iran, Holt added.Trump said the ceasefire with Iran ends "Wednesday evening Washington time," adding it's "highly unlikely" he would extend it if a deal is not reached before then, CNN reported Monday.Vice President JD Vance and top US officials are expected to depart Tuesday for Islamabad, Pakistan, ahead of a potential second round of talks with Iran, CNN reported. Iran is considering attending peace talks, a senior official from the Middle East nation told Reuters on Monday, following moves by Islamabad to end a US blockade of Tehran's ports, a major hurdle for the country under threat of widespread attack to rejoin peace efforts.The US president said in a Monday phone interview that the second round of talks with Iran is set to begin Tuesday, Bloomberg reported.West Texas Intermediate crude oil futures jumped 5% to $88.80, and Brent crude futures advanced 4.8% to $95.21.Most US Treasury yields rose, with the 10-year up 1.8 basis points to 4.26% and the two-year climbed 2.5 basis points to 3.73% as rising crude oil prices fueled inflation worries. Reflecting the potential upside risk to price pressures, gold futures declined 1.2% to $4,822.1 and silver futures dropped 2.5% to $79.78.In company news, Norwegian Cruise Line (NCLH) dropped 4.2% intraday, among the worst performers on the S&P 500, amid worsening geopolitical risk in the Middle East.Meta Platforms (META) plans to initiate its planned layoffs for this year on May 20, and more cuts are expected later, Reuters reported, citing people familiar with the matter. The Facebook-owner's shares dropped 2.3% intraday, among the worst performers on the Nasdaq.Alphabet's (GOOG, GOOGL) Google is negotiating with Marvell Technology (MRVL) to develop two new processors optimized for artificial intelligence inference tasks, The Information reported, citing two people with knowledge of the discussions. Shares of Marvell jumped 4% intraday, the top gainer on the Nasdaq.
Sector Update: Consumer
Consumer stocks were lower Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) fractionally lower and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 0.8%.In corporate news, QXO (QXO) has agreed to buy insulation products company TopBuild (BLD) in a cash-and-stock deal worth roughly $17 billion, as the roofing products distributor aims to expand its building products portfolio. QXO shares fell 5.3%, and TopBuild jumped past 17%.
EMEA Natural Gas Update: Prices Volatile After Reports of Strait of Hormuz Closure
European natural gas futures prices trimmed gains in after-hours trade on Monday after Iran again closed the Strait of Hormuz, reigniting concerns over global LNG supply flows.The front-month Dutch TTF benchmark rose 2.775% to 39.845 euros per megawatt hour ($46.95), while UK NBP futures gained 2.286% to 99.33 British pence per therm ($1.34).Earlier in the session, European gas prices had surged more than 6%, briefly pushing back well above 40 euros/MWh, with intraday spikes reaching as high as 11% in Asian trading, according to Trading Economics.The volatility followed renewed tensions in the Middle East over the weekend, including Iran's brief reopening and subsequent reclosing of the Strait of Hormuz. The moves came after the US said it was maintaining its blockade measures on Iran and confirmed the seizure of an Iranian cargo vessel.Iran also signaled it would not participate in a second round of peace talks, despite warnings from US President Donald Trump of potential renewed airstrikes.Several LNG carriers loaded with Qatari cargoes were reported approaching the strait in recent days but were either turned back or forced to wait offshore. Since the escalation of the conflict in late February, no LNG exports have reportedly left the region, effectively removing supply equivalent to roughly 20% of global LNG flows from the market.Despite the geopolitical disruption, European price gains remained partially capped. Europe continues to compete with Asia for LNG cargoes as it rebuilds inventories, but relatively subdued Asian demand has helped ease some pressure on European supply, the Wall Street Journal reported.Storage rebuilding is ongoing ahead of winter. Data from Gas Infrastructure Europe shows EU gas storage levels rose to 30.20% of capacity over the weekend, still below the 36.5% recorded at the same point last year.Weather models from Atmospheric G2 indicate Europe may see a brief cold spell later this week, though analysts expect no sustained cold pattern. The group said key atmospheric drivers are likely to weaken and then recover in early May, limiting the risk of prolonged cold conditions. However, disrupted weather patterns later in May could still trigger short-lived anomalies affecting regional demand.