A Week Packed With Earnings and Central Bank Decisions
Last week ended on a caution note after the first earnings from Big Tech companies […]
A Reversal of Fortunes for US Banks and Technology Stocks
Prior underperforming US banks rallied last week where the SPDR Banks ETF rose by 6.76%, […]
Week Ahead – Bracing for Next Week’s Earnings, Rate Decisions, and Major Economic Data
US The Fed is expected to resume raising rates at the July 26th FOMC meeting. […]
The Weekly Bottom Line: Fed Gearing Up for Another (Likely Final) Hike
U.S. Highlights Retail sales disappointed market expectations overall in June, but underneath the surface sales […]
Weekly Economic & Financial Commentary: Fed to Hike Next Week, but What Then?
Summary United States: Rate Sensitive Sectors Struggle as E-commerce Boosts Retail Sales The FOMC’s balancing […]
GBPUSD: From Correction to Uptrend Breakdown
The British Pound is losing ground for the 6th consecutive session, falling 2.2% to 1.2850. […]
Strong Economic Growth for Canada in May
Canadian GDP is likely to have stayed strong May. Statistics Canada’s advance estimate pointed to […]
Has the Bank of Canada Reached its Interest Rate Summit?
Summary The Bank of Canada (BoC) raised its policy rate 25 bps to 5.00% at […]
Week Ahead – Fed, ECB and BoJ Decisions Take Center Stage
Following a relatively quiet week in terms of economic data and events, the spotlight now […]
Yen Tumbles as BoJ Expected to Keep YCC Intact, Nasdaq’s Rebalancing
USD/JPY Yen dives on reports BOJ sees little need to adjust YCC Central bank-a-palooza was […]
Canada: Auto Sales Drive Retail Sales Growth in May, But Momentum is Fading
Retail sales rose 0.2% month-on-month (m/m) in May, weaker than the Statistics Canada’s advanced estimate […]
Crypto Dragged Back to the Support Line on Risk-Off
Market picture The cryptocurrency market fell 0.3% over the past 24 hours to $1.2 trillion. […]