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Archives : Media Coverage

In-line inflation pushes next rate hike to early 2019: Market strategist

Published on New news source November 23, 2018

Karl Schamotta, chief market strategist at Cambridge Global Payments, provides breaking analysis of the latest Canadian retail sales and inflation data for the month of September. Schamotta says stronger-than-expected retail sales reveals more resilient consumer demand, while the inflation data matching expectations suggests the Bank of Canada won’t hike interest rates until early next year. Watch the full video on BNN Bloomberg here:

Fed Hikes Foster Financial Stress For Emerging Markets

Published on 680 News November 21, 2018

“What’s happening is really with the Federal Reserve tightening up their monetary policy, the ability to get access to financing in US dollars in drying up,” says Cambridge’s Sean Coakley in a discussion with 680 News. Listen to the interview here:

CANADA FX DEBT-C$ steadies after hitting 4-month low on oil price slump

Published on Reuters November 13, 2018

The slide in oil prices “is delivering a very, very hard blow to the Canadian dollar,” said Karl Schamotta, director global markets strategy at Cambridge Global Payments in an interview with Reuters. “The correlation between WTI (West Texas Intermediate) and the Canadian dollar has risen quite substantially.” Read the full article here:

Sean Coakley discusses Oil Prices

Published on CBC November 12, 2018

Sean Coakley discusses how the persistent decline in oil prices will affect the Canadian economy in an interview with CBC Radio 1. Listen to the clip here:

Oil tumbles nearly 20% from October high – but analysts expect a recovery

Published on CBC November 8, 2018

“Overall, although oil demand growth is likely to weaken in the longer term, my feeling is that oil prices could rebound into the end of the year,” Karl Schamotta, chief market strategist at Cambridge Global Payments, said in a discussion with CBC about oil prices. Read the full article here:

Why ‘Micro-Multinationals’ Should Worry About FX Risk

Published on New news source November 6, 2018

For those companies navigating the waves of FX volatility — which means a whole lot of companies, large and small, across verticals — these are interesting times indeed. In an interview with Karen Webster of PYMNTS, Karl Schamotta, who serves as chief market strategist at Cambridge Global Payments, said we’re living in a new age.

Read the full article here:


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