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Geopolitical uncertainty, trade turmoil could boost gold further

Frankfurt, Germany - November 09, 2020: European Central Bank ECB, EZB headquarters at Eastend Frankfurt, Germany. The European Central Bank (ECB) is the central bank of the Eurozone. Close-up of the logo in front of the building.

With inflation dropping quickly and growth weak, monetary easing set to accelerate

dominos falling

Balance sheet pressures weaken across most sectors in Q3

Disintegrating euro

Real GDP growth expected to strengthen in year ahead as price pressures ease

Canadian provinces

Provinces hard hit by higher rates forecast to drive recovery

Big Ben

Consumer prices rose 1.7% in September, down from 2.2% the previous month, cementing expectations for another rate cut

Falling inflation

The reading raises the odds of a 50-basis-point rate reduction by the Bank of Canada

Inflation chart shows upward trend

Two-thirds of countries had above-average employment rates

Federal Reserve building

CPI surprises largely temporary, shouldn't derail monetary easing

inequality between people

Richest households capture largest share of gains in second quarter