Bank of Canada Cuts Rates Again, Signals More to Come
The Bank of Canada (BoC) cut its overnight rate by 25 basis points, to 4.25%, […]
Cautious Sentiment Limits Market Moves Despite Risk Aversion
Risk aversion continues to dominate the global financial markets today, although the weakness in US […]
Canadian Dollar Steady Ahead of BoC Decision
The Canadian dollar is showing limited movement on Wednesday. In the European session, USD/CAD is […]
Can Gold Prices Surge to New All-Time Highs by Year End?
Gold increases 21% so far this year US data and geopolitical tensions are driving gold Bigger picture remains […]
Nasdaq 100: Torpedoed by Nvidia and May See Further Weakness
Major US bench stock indices (S&P 500, Nasdaq 100, Dow Jones Industrial Average & Russell […]
US Equities Dip Again: When to Buy?
US equity markets have been hit by a sell-off, with the Nasdaq100 down more than […]
Crypto Cap Sinks Below $2 Trillion
Market picture Pressure on the crypto market returned on Tuesday and intensified on Wednesday morning, […]
AUD/USD Steady Despite Weak GDP
The Australian dollar is drifting on Wednesday. AUD/USD is trading at 0.6704 in the European […]
Eurozone PPI rises 0.8% in Jul, driven by energy costs
In July, Eurozone PPI rose 0.8% mom, surpassing expectations of 0.3% mom increase. On a […]
UK PMI services finalized at 53.7, inflation pressures ease
UK services sector continued its expansion in August, with the PMI Services index finalized at […]
US 100 Index Under Pressure
US 100 index drops, reversing the August rally Nvidia woes keep sentiment negative Momentum indicators […]
Fed’s Bostic signals shift in focus as inflation eases and labor market cools
In an essay published today, Atlanta Fed President Raphael Bostic emphasized Fed’s dual mandate of […]