07:58 AM EDT, 09/16/2025 (MT Newswires) -- Markets are going into Canadian and United States macroeconomic data on Tuesday with a cautious bias and a careful eye toward more important developments in Wednesday's central bank decisions, said Scotiabank.

The U.S. Federal Reserve and the Bank of Canada are scheduled to release their policy decisions on Wednesday.

The US dollar (USD) is softer early Tuesday, noted Scotiabank.

United Kingdom gilts are mildly underperforming other global benchmarks, stated the bank. U.S. equity futures are a touch higher while everyone else is a touch lower.