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17:40
Bank of Canada: Discussed the long-term impact of oil shocks on the CPI at the March monetary policy meeting, but it is still too early to make a judgment.
Central bank officials agreed that they can take their time to observe how the Iran war (launched by the US and Israel) will unfold. In addition to the Iran war, risks faced by the Canadian economy also include the United States-Mexico-Canada Agreement (USMCA), among others.
17:30
Indian ETFs see record fund outflows as withdrawals surge ahead of an Asian stock market rebound
According to data compiled by Bloomberg, in March, traders withdrew a record $1.4 billion from BlackRock’s $6.7 billion iShares MSCI India ETF (INDA). This reflects mounting pressures faced by the energy-driven Asian economy. India has been hit by a weakening local currency, rising yields, and concerns over earnings.
17:26
BlackRock submits revised Bitcoin ETF application
BlackRock has submitted a revised S-1 filing, applying for the iShares Bitcoin Premium Income ETF with the ticker BITA. (CoinDesk)
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