Bank of Canada Delivers Surprise 25 Basis Point Hike
The Bank of Canada raised the overnight rate by 25 basis points, to 4.75%, while […]
Bank of Canada Remains Proactive With 25 bp Rate Hike
Following a two meeting pause, the BoC resumed tightening with a 25 bp hike lifting […]
China’s Weak Foreign Trade Spurs Further Yuan Weakening
Further signs of a slowdown in China came from the trade balance. The foreign trade […]
AUD/USD Rises to 1-month High, Shrugs Off Soft GDP
AUD/USD powers to 1-month high Australian GDP dips to 0.2% RBA expected to deliver more […]
Cryptocurrencies Struggle to Stay Afloat
Market picture The cryptocurrency market is up 2.7% to $1.121 trillion, approaching the middle of […]
Weak Chinese Trade Data Add to Growth Worries
Markets German Bunds outperformed US Treasuries during European trading hours following an unexpectedly strong decrease […]
Focus on Geopolitics
Market movers today Geopolitical events are stealing the spotlight during an otherwise uneventful week. Ukraine’s […]
First Impressions: Australian Q1 GDP
Australia’s economy grew by a tepid 0.2% in the quarter. Consumer spending remains soft, up […]
Bitcoin Looks Set to Take a Severe Dive
Market picture The cryptocurrency market hit a sell-off on Monday night, losing 3.8% in the […]
Will the BoC Resume Interest Rate Hhikes?
After staying inactive for two consecutive meetings, the BoC is now expected by a decent […]
RBA Board Raises Cash Rate by 0.25% to 4.1% – A Further Hike Expected in July.
The Board has rebalanced its focus towards inflation and inflationary expectations. We expect there is […]