Morning Briefing

Societe Generale has scrapped its call for a March Fed rate cut following exceptionally strong US employment data, while the US House moves to block tariffs on Canada.

Key Takeaways

• 1.SG Economics has cancelled their forecast for a March Fed rate cut, now seeing June as the earliest possibility with risks of a prolonged pause.
• 2.U.S. labor market data significantly exceeded expectations with 172k private payroll gains in January, driving a hawkish repricing of the Fed outlook.
• 3.The US House of Representatives voted to overturn President Trump’s Canada tariffs by terminating the national emergency invoked in Feb-25.

Table of Contents

• OVERNIGHT NEWS
• CALENDAR
• MARKET REVIEW
• OUTLOOK
• TECHNICAL ANALYSIS
• APPENDIX

Document Preview

Page 1 of 5

Subscribe for full accessStart Free Trial