Marc Levesque
Marc Levesque
continue currency fed global increased monetary movements policy seeing shift terms
What we're seeing in terms of currency movements - and it will probably continue at least over the near-term - is a shift in global monetary policy expectations. There's a gearing-down of expectations for Fed tightening, coupled with increased tightening expectations elsewhere.
increases market price rate starting
The market is starting to price out some of the rate increases that have been priced in.
exports growth net
So exports actually contributed to net GDP growth in November.
commodity partly price
This may be partly a commodity price story.