Canadian GDP to Show Modest Growth in July But Below BoC Forecast
Canada’s gross domestic product report for July next Friday will be closely watched to see […]
RBA Policy Meeting : It’s Not Time for a Rate Cut Yet
RBA expected to deviate from the Fed and hold rates steady Inflation risks remain a […]
Week Ahead – SNB to Cut Again, RBA to Stand Pat, PCE Inflation Also on Tap
SNB is expected to ease for third time; might cut by 50bps RBA to hold […]
Weekly Focus – Fed Initiating the Easing Cycle with 50bp Cut
The main event this week was the monetary policy meeting in the US where markets […]
Gold Terminates the Last Sceptics
Gold started the week with new highs and ended the week with a 1.3% gain, […]
BTCUSD – Bulls Likely to Take a Breather Following Repeated Failure at 200DMA Barrier
BTCUSD edged higher on Friday and hit new three week high, in attempts to extend […]
Canada: Retail Sales Recover from Two-Month Slump.
Retail sales rose by 0.9% month-on-month (m/m) in July, reversing the two-month downward trend. This […]
WTI Crude Oil Tries to Extend Its Bullish Correction
WTI crude oil rebounds off 17-month low Technical oscillators are mixed WTI crude oil prices […]
USD/JPY Outlook: Loses Ground as BoJ Keeps Rates on Hold and Says Not in Hurry for Further Tightening
USDJPY jumped over two figures on Friday after Bank of Japan kept interest rates unchanged […]
XAU/USD Outlook: Gold Surges to New All-Time High Above $2,600
Gold broke through psychological $2600 barrier and hit new all-time high on Friday morning, on […]
USD/CAD Eyes Canadian Retail Sales
The Canadian dollar is steady on Friday. In the European session, USD/CAD is trading at […]
Canada’s retail sales rises 0.9% mom, 7 of 9 subsectors grow
Canada’s retail sales rose 0.9% mom to CAD 66.4B in July, well above expectation of […]