Is Canada the Biggest Trade Winner?
Is Canada the Clear Winner from the New NAFTA?
S&P futures are decidedly lower while most international markets were down overnight thanks to Italian political/budget fears.
The 2.4% budget deficit Italy proposed to the EU was not well received yesterday and the mention of "Italy's own currency" by a notable law maker overnight sent Italian bond yields to more than four year highs.
Meanwhile safe haven money flows are pushing Treasury and Bund yields lower and the dollar is up to fresh multi-week highs which will quickly become a headwind on US shares again in the near term.
https://sevensreport.com/wp-content/uploads/2018/10/canadian-flag-644729_1920.jpg 1440 1920 Tom Essaye https://sevensreport.com/wp-content/uploads/2019/02/sevens-report-research-logo.png Tom Essaye2018-10-02 09:04:102018-10-02 09:04:10Is Canada the Biggest Trade Winner?