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June 4, 2026

Global Economics Daily Points

Daily UpdateRates Govt BondsEquitiesCommoditiesInformation TechnologyEnergy

Global markets are reacting to lower bond yields and tech-led equity weakness, while Southeast Asian currencies face stability risks. Meanwhile, proposed US forced labour tariffs on Canadian exports are expected to have minimal actual impact.

Key Takeaways

  • 1.Global bond yields are trending lower while US equity markets face pressure from tech sector earnings.
  • 2.Southeast Asian currencies are facing significant depreciation risks amid regional economic volatility.
  • 3.Potential US Section 301 tariffs on Canadian goods are viewed as having minimal net impact given current compliance exemptions.

Table of Contents

  • On Deck for Thursday, June 4th
  • Contributors
  • KEY POINTS:
  • OVERNIGHT DEVELOPMENTS
  • PUTTING A MIRROR IN FRONT OF US FORCED LABOUR TARIFFS
  • Review of Trump's Tariff Toolkit

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Authors

Derek Holt

Securities

S&P 500WTI Crude

Themes

Geopolitical impact on tradeMonetary policy divergenceCurrency stability in emerging markets

Regions

Asia PacificEuropeUnited StatesCanadaSweden