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Canada New Housing Price Index (MoM) came in at -0.2% below forecasts (0.2%) in March

Canada New Housing Price Index (MoM) came in at -0.2% below forecasts (0.2%) in March
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Oil: Supply shock revives stagflation worries – OCBC

OCBC strategists Sim Moh Siong and Christopher Wong highlight that Brent is nearing USD100 as flows through the Strait of Hormuz are unlikely to resume early, pushing markets into an Oil–stagflation channel.
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