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Latest U.S. GDP data could lead to shift in language from the Fed today: Strategist

Published on BNN Bloomberg October 31, 2019

Karl Schamotta, chief market strategist at Cambridge Global Payments, joins BNN Bloomberg to weigh in on the latest U.S. GDP data, which saw the U.S. economy expand more than forecasted in the third quarter. GDP expanded at a 1.9 per cent annualized rate. Watch it here: https://bit.ly/333hlgT

‘Phase 1’ of the trade deal between the US and China is expected next month: Market Strategist

Published on 680 News October 29, 2019

Cambridge’s Market Strategist, Sean Coakley, comments on the Trade deal between the US and China.

Listen to it here: https://bit.ly/2JFq8Ol

Fed could cut rates, BoC may stay on the sidelines as well: Market Strategist

Published on 680 News October 29, 2019

Sean Coakley, Cambridge’s Market Strategist, joined 680 News to share his opinion on this week’s interest rate cuts from the Federal Reserve and, how he believes, the Bank of Canada will react.

Listen to the recording here: https://bit.ly/34hvl6J

Canadian dollar holds near three-month high after Trudeau election win; no relief for energy stocks

Published on Reuters October 22, 2019

A minority government leaves Trudeau in a weakened position and needing the support of a party such as the New Democrats (NDP) to push through key pieces of legislation.

“This is likely to exert drag on a Canadian dollar that might otherwise ride solid economic data, favorable interest rate differentials, and improving risk appetite higher,” said Karl Schamotta, Chief Market Strategist at Cambridge Global Payments, to Reuters.

Read the article here: https://reut.rs/2MB0ps7

FOREX-Dollar recovers; loonie rises ahead of election results

Published on CNBC October 21, 2019

“In Canada, traders are awaiting news on election results this evening and effectively keeping the powder dry given that the race is so close at this moment,” said Karl Schamotta, Chief Market Strategist at Cambridge Global Payments, to Reuters. Read the full article here: https://cnb.cx/2pKHHVZ

Currency risks? U.S. corporates yawn

Published on Reuters October 21, 2019

“If you look at the long sweep of history the level of concern about FX right now still remains low,” says Cambridge’s Chief Market Strategist, Karl Schamotta,in Reuters. Read the complete article: https://lnkd.in/e2VyQic