AGP Executive Report
Last update: 8 hours agoBank of Canada Watch: Canada’s inflation print came in softer than expected, with headline CPI at 2.8% but core pressures “nowhere to be seen,” giving policymakers more room to hold rates steady. Rates & Risk Mood: Markets are still jittery as hotter US inflation expectations hit gold/silver and lift yields, while the Dow slid on tech selloffs tied to “higher for longer” rate fears. Geopolitics Through the Economy: Iran-linked energy shocks are feeding into household bills in the UK (Ofgem cap forecast up ~£209 to ~£1,850) and are also driving governments to consider extra support budgets, including Japan’s talk of a supplementary plan. Media/Ad Power Shift: Omdia says Google, Amazon and Netflix will take 50% of global CTV ad revenue by 2030, reshaping ad budgets toward streaming platforms. Crypto Volatility: Solana is under pressure with analysts pointing to a possible move toward ~$78, while Ethereum weakness continues amid AI-driven trading chatter. AI Corporate Moves: Meta is set to cut about 8,000 jobs to fund a $145B AI push, reinforcing the “AI spend vs. cost control” tug-of-war.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.