Bank of Canada: New US Tariffs Could Reduce Fourth-Quarter Growth
📊 CAD — Piyasa Yorumu
▼ down · 70%The Bank of Canada's statement that new US tariffs could reduce fourth-quarter growth is heightening concerns that global trade tensions may reignite. This could dampen risk appetite and lead to capital outflows from emerging markets and fragile economies like Turkey. Short-term selling pressure may build on the Turkish lira and stock market; bond yields could rise. However, the impact is likely to remain limited, as the scope and duration of the tariffs are not yet clear.
📊 GOOGL — Piyasa Yorumu
■ neutral · 55%The news points to the potential negative impact of US tariffs on the Canadian economy, which could heighten risk perception for global trade and the technology sector. However, GOOGL's main revenue source is advertising, and its direct exposure to Canada is limited. Technical indicators are positive: the price is above the SMA20 and SMA50, the RSI at 63 has not approached overbought territory, and the MACD is above its signal line. In the short term, the news impact may be neutral; slight fluctuations could be seen depending on overall market risk appetite. Nevertheless, if tariff news disrupts overall market sentiment, GOOGL could also be adversely affected.