FINWIRES · TerminalLIVE
FINWIRES

スコシアバンクが今週のカナダ銀行政策会合のプレビューを発表

By

-- スコシアバンクによると、カナダ銀行は水曜日の午前9時45分(東部時間)に、最新の政策声明、最新の予測を含む金融政策報告書(MPR)、およびティフ・マックレム総裁の記者会見冒頭発言原稿を発表する予定だ。 同行によると、これに続いて、マックレム総裁とキャロリン・ロジャーズ上級副総裁による記者会見が水曜日の午前10時30分(東部時間)から始まり、通常45分以上続く予定だ。 スコシアバンクは、翌日物金利が2.25%に据え置かれると予想している。これはOIS(オッズ・インベストメント・ステーク)で織り込まれたものであり、市場コンセンサスは政策据え置きで一致している。 同行は、バランスシート政策に変更はないだろうと付け加えた。 スコシアバンクによると、インフレショックが政策金利の推移に及ぼす影響について、より強い警告が発せられると予想されるが、具体的な措置は示されない見込みだ。明確な指針は示されない可能性が高いが、政策金利の偏りは、よりタカ派的な方向性を示唆するものとなるだろう。

Related Articles

US Markets

Airline Capacity Deployment Slowdown Amid High Fuel Prices Could Hit Aircraft Lessors, Deutsche Bank Says

Aircraft lessors could be impacted by a projected slowdown in airline capacity deployment globally amid elevated jet fuel prices triggered by the Middle East conflict, Deutsche Bank said Monday.Energy prices have soared following the US-Israel war with Iran that has disrupted shipments through the Strait of Hormuz, the world's most important chokepoint for crude flows.The conflict, which paused following a ceasefire between the US and Iran and later between Israel and Lebanon, has pushed jet fuel prices past $4 a gallon, according to Deutsche Bank."While aircraft lessors are not directly impacted (by high fuel prices) like airlines with higher operating costs, they are indirectly affected by changes in supply and demand for aircraft," Deutsche Bank analyst Shannon Doherty said in a note to clients Monday. "We cannot ignore the fact that surging jet fuel prices will lead to a slowing of global airline capacity deployment, with groundings a possibility among the financially weakest operators."Last week, American Airlines (AAL) and United Airlines (UAL) lowered their full-year earnings projections. United Airlines said at the time it faced headwinds in the first quarter, including a $340 million increase in fuel expense, compared with a year earlier.Qatar Airways recently contacted lessors to potentially defer or reduce rental payments, Deutsche Bank said Monday. If other airlines request similar favors and aircraft lessors opt to provide that relief, new terms will likely be net present value-positive over the longer term for lessors, according to the note.A premium multiple to AerCap Holdings' (AER) book value is "justified" given its diversified asset fleet earning mid-double-digit return on equity, Doherty said. An undersupply of aircraft assets is "structural" and is expected to last through the end of the decade, the brokerage wrote."AerCap represents one of the best ways to play this theme given the high demand for aircraft, its large orderbook, durable earnings, and high visibility into future cash flows given the long duration nature of its lease contracts," Doherty said.Price: $137.95, Change: $-0.14, Percent Change: -0.10%

$AAL$AER$FTAI$UAL
Sectors

Sector Update: Tech

Tech stocks declined late Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) fractionally lower and the State Street SPDR S&P Semiconductor ETF (XSD) falling 3.2%.The Philadelphia Semiconductor index dropped 1.4%.In corporate news, Advanced Micro Devices (AMD) shares fell 3.2% after Northland downgraded the company's stock to market perform from outperform.

$AMD
Australia

Update: EU Proposes Measures to Open Google's Android to Rival AI Services

(Updates with Google's comment in 5th, 6th and 7th paragraph.)The European Commission on Monday proposed measures that would require Alphabet's (GOOG, GOOGL) Google to open its Android ecosystem to rival AI services and launched a public consultation under the Digital Markets Act.The commission said its preliminary findings outline steps Google should take to ensure third-party AI services can access key Android capabilities and interact with applications on users' devices.The measures would allow competing AI tools to perform tasks such as sending emails, ordering services or sharing photos, which are functions currently largely reserved for Google's own AI offerings, the commission said in a statement."Today's proposed measures will give more choice to Android users about the AI services they use and integrate in their phone," Teresa Ribera, an EU executive vice president, said in the statement.Clare Kelly, Senior Competition Counsel at Google, said Android's ecosystem allows AI assistants to grow, as device makers can freely integrate and tailor AI experiences for their users."This unwarranted intervention would strip away that autonomy, mandate access to sensitive hardware and device permissions; unnecessarily driving up costs while undermining critical privacy and security protections for European users." Kelly added in an emailed statement to.Kelly also said the EC's proposals and the current memory crisis will drive up device prices by 50 euros to 100 euros this year.The commission invited interested parties to submit feedback by May 13.Price: $349.84, Change: $+7.52, Percent Change: +2.20%

$GOOG$GOOGL