美元：希望加拿大能有一些积极的头条新闻——ING。数据沉默期通常是衡量外汇市场潜在偏见的有用指标。ING外汇分析师Francesco Pesole指出，本周到目前为止，增加美元空头头寸的趋势已经很明显，尽管从利率和股票差异等短期驱动因素来看，美元对大多数G10货币仍然明显被低估。

USD: Hoping for some positive headlines from Canada – ING.Periods of data silence often serve as a useful gauge of the market's underlying bias in FX. So far this week, the tendency to add to USD short positions has been clear, even though the greenback remains notably undervalued against most G10 currencies when judged by short-term drivers such as rates and equity differentials, ING's FX analyst Francesco Pesole notes.

加拿大4月份整体CPI放缓至1.7%，核心通胀率上升。加拿大报告称，4月份其整体年度CPI从2.3%降至1.7%，但其他通胀指标超出了市场预期。下面仔细看看这些数字。

Canada's Headline CPI Slowed to 1.7% in April, Core Inflation Higher.Canada reported a dip in its headline annual CPI from 2.3% to 1.7% in April, but other measures of inflation beat market estimates. Here's a closer look at the numbers.

标准普尔/多伦多证交所综合指数周二上涨0.3%，收于26056点，创下历史新高，此前连续十个交易日上涨。投资者从假期回来，消化加拿大4月CPI和穆迪5月16日将美国主权债务评级下调至Aa1的影响。总体通胀率同比下降至1.7%，为七个月来最低，但加拿大央行下调后的平均核心CPI意外加速至3.1%，为十三个月来的最高水平，突显出持续的价格压力，并降低了即将降息的前景。美国副总统万斯和加拿大总理卡尼在罗马举行的高级别贸易谈判，以及本周七国集团财长会议上的讨论，也重新点燃了人们对美国关税减免的希望。在股市方面，由于美国财政紧张，避险资金流入黄金，以Agnico Eagle、Wheaton Precious Metals和Barrick Gold为首的材料股上涨了4.3%至5.3%，而主要银行也小幅上涨。相反，Shopify下跌4.4%。

The S&P/TSX Composite climbed 0.3% to close at a fresh record of 26,056 on Tuesday—following ten straight sessions of gains—as investors returned from the holiday to digest Canada’s April CPI and the fallout from Moody’s May 16 downgrade of US sovereign debt to Aa1. Headline inflation eased to 1.7% year-on-year—the softest in seven months—yet the Bank of Canada’s trimmed-mean core CPI unexpectedly accelerated to 3.1%, its highest in thirteen months, underscoring persistent price pressures and dimming the prospect of imminent rate cuts. High-level trade talks between US VP Vance and Canadian PM Carney in Rome, alongside discussions at this week’s G7 finance-ministers’ meeting, have also rekindled hopes for US tariff relief. In equities, materials names led by Agnico Eagle, Wheaton Precious Metals, and Barrick Gold, jumped between 4.3%–5.3% on safe-haven flows into gold amid US fiscal strains, while major banks likewise edged higher. Conversely, Shopify lost 4.4%.

尽管CPI通胀加速，加元仍上涨。加元（CAD）周二站稳脚跟，兑美元（USD）小幅上涨。然而，在加拿大央行的 加拿大消费者价格指数（CPI）在4月份的涨幅甚至快于预期，这表明加拿大央行狂热的降息周期可能已经结束。

Canadian Dollar gains ground despite accelerating CPI inflation.The Canadian Dollar (CAD) found a foothold on Tuesday, grinding out a slight gain against the US Dollar (USD). However, gains were limited after the BoC's own version of the Canadian Consumer Price Index (CPI) inflation rose even faster than expected in April, signaling that the Bank of Canada's (BoC) feverish rate-cutting cycle may well be over.