Bank of Canada Delivers a 50 Basis Point Hike, But No Guarantees of Future Hikes
The Bank of Canada raised the overnight rate to 4.25%, while stating that it will […]
Oil Seems to Be Heading for $62
WTI crude is down to $73, while Brent is approaching $78, losing 2% since the […]
Aussie Shrugs Off Soft GDP
The Australian dollar is showing limited movement for a second successive day. In European trade, […]
The End of the Bear-Market Rally?
Equity markets are struggling again on Wednesday, with the latest Chinese trade data highlighting the […]
The Fed: What Happens After the Fed Reaches the Terminal Rate
Yesterday, several major CEOs gave interviews to financial media in the context of a couple […]
All Eyes on the Bank of Canada
The Canadian dollar has edged lower on Wednesday. In the European session, USD/CAD is trading […]
Covid Lockdowns Hinders China’s Trade
Last month, China’s harsh lockdown measures negatively impacted foreign trade. Exports fell by 8.7% YoY; […]
Bitcoin is Calmly Forming a Bottom
Market picture The crypto market remains detached from movements in traditional financial markets. Bitcoin continues […]
Equities, Oil Fall, Brent Below $80pb for the First Time Since January
Equities extend the downside recovery, following the failure to clear an important year-to-date resistance last […]
Sour Risk Sentiment and China Eases COVID-19 Restrictions
Market movers today Today we get German industrial production data for October. Consensus is looking […]
First Impressions: Australian Q3 GDP
Australian economy expands by 0.6%, a little softer than expected. The impacts of high inflation […]