Newsroom | Corpay

Newsroom | Corpay

Industry News

CBC: Market sell-off continues as Asian markets open

April 4, 2025 - U.S. President Donald Trump’s tariffs rattled stock markets on Thursday, fuelling market turbulence and some recession fears. Karl Schamotta, chief market strategist at Corpay, explains what it all means.

Learn more about how you can extend, manage risk, and grow your business. Foreign exchange hedging for businesses: Your questions answeredUniversity Mechanical Contractors Case StudyCorpay Cross-Border’s Channel Partner Program

Industry News

Bloomberg: Canada Loses 33,000 Jobs in Biggest Drop Since 2022; Bonds Rally

April 4, 2025 - (Today’s Canadian job) numbers suggest “a relatively-positive early-year growth handoff is running out of steam,”

Industry News

BNN Bloomberg: Canadian unemployment rate could push BoC to neutral rate

April 4, 2025 - Corpay Cross-Border Solutions chief market strategist Karl Schamotta joined BNN Bloomberg for a double-header this morning to discuss US and Canadian jobs numbers

Industry News

Yahoo Finance: Bank of Canada rate pause likely amid 'extremely fluid' tariff situation: Economists

April 3, 2025 - "The unprecedented tidal wave of uncertainty that has washed across financial markets and the global economy looks unlikely to retreat in the near term," Karl Schamotta

Industry News

CBC: Trump wants to upend the entire global order. Can he stomach the price tag?

April 3, 2025 - "The U.S. can't have its cake and eat it, too," says Karl Schamotta, chief market strategist at the financial services firm Corpay Cross-Border Solutions.

Industry News

Globe and Mail: Canadian dollar edges lower ahead of U.S. tariff announcement

April 2, 2025 - “The foreign exchange market reaction could prove complex and counter-intuitive,” Karl Schamotta,

Industry News

Reuters: Yen holds gains vs US dollar as markets brace for reciprocal tariffs

April 1, 2025 - "Today's numbers provide more evidence of the stagflationary forces building within the American economy, threatening to put the Federal Reserve in a straitjacket amid one of the biggest economic policy disruptions in generations,"

Previous
1(current)
2
...
32
Next