The USD/CAD currency pair is slightly higher in early afternoon trading on Wednesday as markets nervously await the release of the Federal Open Market Committee (FOMC)… Read More
Find here our morning brief which compiled the main macro news — released on Twitter — concerning Americas, Asia and Europe.
Americas
Markets
Investors are cli… Read More
“The central bank has been looking for evidence that inflation will continue moving towards the 2% target. With the labour market showing renewed strength, there is potential for con… Read More
U.S. Highlights
The Federal Reserve Senior Loan Officer Opinion Survey showed that most banks tightened lending standards further in the first quarter, with demand for loans falling i… Read More
Canada’s surprising job numbers for February show a resilient economy that has remained consistent over the past few months.
On Friday, Statistics Canada reported the Canadian econom… Read More
The post BUSINESS LIVE: Matches goes into administration; Pollen Street makes bid for Mattioli Woods; Informa ups guidance appeared first on Today Headline.
By Live Commentary
Published… Read More
Home buyers surprised everyone last spring when they shook off higher borrowing costs and showed up to new home sales in droves. The surge in competition for a still-limited pool of properti… Read More
Cutting Rates Too Soon, the Bank of Canada’s benchmark interest rate is now high enough to bring inflation back to the 2% objective, according to deliberations from the central bank&rs… Read More
Dollar jumps vs yen as BOJ sticks with ultra-loose policy
By Rae Wee and Alun John
NEW YORK (Reuters) -The U.S. dollar jumped against the yen on Tuesday after the Bank of Japan gave no sign… Read More
Euro sags, yen jumps as investors bet on BOJ shift
By Amanda Cooper
LONDON (Reuters) -The euro grazed a three-week low on Thursday, driven by mounting expectations that the European Central… Read More
The holiday shopping season is just around the corner but there are signs that the economy is in a downturn. Consumers are reducing their spending and major corporations are making cuts… Read More
By JustMarkets
At Monday’s stock market close, the Dow Jones Index (US30) added 0.10%, while the S&P 500 Index (US500) increased by 0.18%. The NASDAQ Techn… Read More
Japan’s yen slides broadly as BOJ policy tweak seen inadequate
By Gertrude Chavez-Dreyfuss and Joice Alves
NEW YORK/LONDON (Reuters) – The yen slumped across the board on Tuesday… Read More
JPMorgan expects EUR/USD to test parity, down from prior 1.05 target
Citibank is eyeing a move to parity within six months
ING head of research sees euro-dollar parity as possible
Rabobank… Read More
By BDC
MONTREAL, Canada – The Bank of Canada is expected to maintain the status quo at its October meeting, having done the same in September. The key rate would therefore re… Read More
The US Dollar (USD) pulled back from its highest level since November against a basket of peers on Thursday, after a climb that has brought the yen near a key intervention zone and the euro… Read More
US dollar weakness emerges on as inflation expectations fall to lowest levels in over two year; November Fed rate hike odds remain a coin flip
Oil rallies for a third straight week on tightn… Read More
Bank of Canada Announcement – September 6, 2023Innovative Mortgage Solutions
What Does the Bank of Canada do?Eight times per year, the Bank of C… Read More
The US Dollar (USD) gained against the euro and Japanese yen on Friday after the August jobs report showed a still strong labor market, despite some signs of deterioration.
Employers added… Read More
Early signs of wage growth slowing are an indicator the Bank of Canada’s combat against inflation is dilatory gaining ground, economists said, but it’s excessively soon to… Read More
Week Ahead July 31st - August 4th
MON: Japanese Retail Sales (Jun), Chinese Official PMI (Jul), German Flash GDP (Q2), New Zealand Labour CostIndex (Q2)
TUE: RBA Announcement, Chinese Caixin… Read More
Since heralding a record-setting comeback from the pandemic shutdown, data obtained by the Palm Beach Post shows the state’s 4,500-plus hotels saw business sag in the past three mon… Read More
Retail sales growth in Canada is continuing to outperform much of the world so far this year, a sign of the ongoing resiliency of Canadian shoppers despite higher inflation and recession p… Read More
Breadcrumb Trail Links
News
Executive Summary
Executive
Rise in insolvencies in many provinces double what it would normally be
Published May 12, 2023 • Last u… Read More
MON: Swiss CPI (Feb), EZ Sentix Index (Mar), EZ Retail Sales (Jan), South Korean GDP Revised (Q4).TUE: RBA Policy Announcement, EIA STEO, Australian Trade Balance (Jan), Chinese Trade Balanc… Read More
Four months after the death of Mahsa Amini, civil unrest continues to play out in Iran despite the regime’s attempts to quash it.
The 22-year-old’s death at the hands of Ira… Read More
Futures Flat Ahead Of Worst Payrolls Report Since 2020
US stock futures were muted, trading in a narrow 5 point range and unchanged for the second day in a row after a blisterin… Read More
Bank of Canada has increased its interest rate to 3.75 percent which is an increase of 50 basis points, the central bank shared through a press release. This is said to be another step in it… Read More
By JustForex
The EUR/USD currency pair
Technical indicators of the currency pair:
Prev Open: 1.0007
Prev Close: 1.0020
% chg. over the last day: -0.13 %
The risk of recession in the Eurozon… Read More
Futures Rise In Morbid Volumes With All Eyes On 50% Fib Retracement Level
European stocks and US futures rallied on the last day of the week, however traded well off session hig… Read More
While occupancy and resident rates are ascending within Ventas’ (NYSE: VTR) senior living portfolio, the company has yet to reach its pre-pandemic margins.
Although the company&rsqu… Read More
Armine Yalnizyan writes that we're headed for a global recession:After the foreseen economic rebound from pandemic, business pages are newly flooded with warnings of looming slowdown and eve… Read More
The USD/CAD fell 0.92 percent in the last five days. The currency pair is trading at 1.2921 after various phases of NAFTA jitters have helped and pressured the loonie. The Canadian currency… Read More
Stock market investors are slowly heading for the sidelines after a strong earnings season is telling this market that “I’ve given her all she’s got.” This has… Read More
The Canadian dollar traded in a tight range on Monday. Last week the loonie touched 18 month highs after Bank of Canada (BoC) Deputy Governor Carolyn Wilkins and Governor Stephen Poloz made… Read More