News

Portuguese Prime Minister: The authorization after the start of the strike operation was based on necessity, for defensive purposes only, and against military targets.

Mexico's main stock index rose more than 1%.

Portugal's Prime Minister: The use of US military aircraft at the Lages Air Base in the Azores "fully complies" with relevant laws and agreements.

Canadian automotive consulting company DesRosiers: Canadian motor vehicle sales fell 0.2% year-on-year in February.

Bank of Canada Governor Macklem: The global regulatory framework has failed to keep up with changes.

Bank of Canada Governor Macklem: Leveraged hedge fund purchases of sovereign debt may evolve into systemic risks when the market is under pressure.

Bank of Canada Governor Macklem: Economic uncertainty is already high and we cannot afford to add to financial instability.

Bank of Canada Governor Macklem: We are worried about a market shock that will cause interest rate volatility to spike.

Bank of Canada Governor Macklem: Risks from non-bank institutions may be accumulating faster than regulators realize.

Bank of Canada: Plans to join the Canadian Derivatives Clearing Corporation for central clearing of its repo transactions.

Bank of Canada Governor Macklem: As hedge funds play an increasingly important role in the government bond market, it is increasingly important to have robust financing arrangements.

Bank of Canada Governor Macklem: Risk premiums in the stock and bond markets have been compressed and valuations have been raised, which increases the risk of a sharp market reversal.

Bank of Canada Governor Macklem: The attacks by the United States and Israel on Iran have intensified the volatility of energy and financial markets; there is still great uncertainty about the duration and consequences of the conflict.

Bank of Canada Governor MacCallum: Investors may not know the quality of loans in private credit transactions.

Bank of Canada Governor Macklem: Risks "have not disappeared, but have shifted."

Bank of Canada Governor Macklem: Risks to global economic growth are higher than normal and biased to the downside.

Bank of Canada Governor MacCallum expressed concern about market shocks caused by hedge funds selling bonds.

Bank of Canada Governor MacCallum: Regulation of the private credit market needs to be strengthened.

The U.S. Treasury Department releases guidance on Venezuela sanctions regarding oil revenues.

According to Politico: U.S. House Speaker Johnson said Congress will pass funding for the war with Iran at the "appropriate time."