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Canada's annual inflation rate reached 2.4% in March, coming in below the consensus estimate of 2.5%. The March reading accelerated from February's 1.8% pace, marking a 0.6 percentage point increase month-over-month. This uptick reverses the recent trend of moderating inflation seen earlier in the year. Higher prices for shelter and food were the primary contributors to the headline increase. Compared to the 12-month average, March's inflation is slightly above trend, reflecting persistent cost pressures in key categories. Market participants are now focused on the Bank of Canada's upcoming policy meeting and additional economic data releases for further direction. Updated 4/20/26
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Sigmacast 7-day ensemble predictions · Updated every pipeline run
Germany Economic Sentiment actual -17.2 vs -6.7 expected and -0.5 prior.
European Union ZEW Economic Sentiment Index actual -20.4 vs -3.6 expected and -8.5 prior.
Germany ZEW Economic Sentiment Index actual -17.2 vs -5 expected and -0.5 prior.
Turkey Business Confidence actual 100.6 vs 100.1 expected and 101 prior.
Spain Balance of Trade actual -3.3 vs -2.8 expected and -4 prior.
United Kingdom Unemployment Rate actual 4.9 vs 5.2 expected and 5.2 prior.
United Kingdom Average Earnings incl. Bonus actual 3.8 vs 3.6 expected and 4.1 prior.
Switzerland Balance of Trade actual 2.7 vs 4.5 expected and 4.3 prior.
United Kingdom Employment Change actual 25 vs -35 expected and 84 prior.
USD/LBP surged 1.2% on April 21, pushing above yesterday's close of 89,717.98. The Sigmanomics 7-Day Forecast is BEARISH, projecting a 7-day zone of 85,497.0138–89,868.4799.
USD/SCR slid 1.7% on April 21, pulling below yesterday's close of 14.90. The Sigmanomics 7-Day Forecast is BEARISH, projecting a 7-day zone of 13.0829–16.0721.
Rice Futures (RR1) surged 1.6% on April 21, pushing above yesterday's close of 11.04.
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New Zealand’s Inflation Rate QoQ for October 2025 surprised markets by rising to 1.000000%, beating the 0.900000% estimate and doubling the previous 0.500000%. This sharp increase signals expansion in inflationary press…
New Zealand’s Consumer Price Index rose 1.000000% in October, beating the 0.80% estimate and doubling September’s 0.50% increase. This sharp acceleration signals expansion in inflationary pressures, driven by shelter an…
New Zealand’s Business Confidence for December 2025 surged to 48%, far exceeding the 16% estimate and rising sharply from October’s 18%. This 30-point increase signals a near-expansionary rebound in sentiment, reflectin…
Hokuetsu Corporation (HPE) rose 5.3% on April 20, beating yesterday's close of $26.44. The Sigmanomics 7-Day Forecast is BULLISH, projecting a 7-day zone of $27.50–$35.23.
Stanley Black & Decker Inc. (SWK) rose 5.1% on April 20, beating yesterday's close of $71.36. The Sigmanomics 7-Day Forecast is BULLISH, projecting a 7-day zone of $70.68–$91.35.
Cocoa Futures (CC1) slid 1.6% on April 20, pulling below yesterday's close of 3,429.34.
DENT/USD slid 13.4% on April 20, pulling below yesterday's close of 0.00008200. The Sigmanomics 7-Day Forecast is BEARISH, projecting a 7-day zone of 0.00002573–0.00007481.
Steel Dynamics Inc. (STLD) rose 5.6% on April 20, beating yesterday's close of $200.36. The Sigmanomics 7-Day Forecast is BULLISH, projecting a 7-day zone of $218.46–$412.27.