Hot Canadian Inflation & US Housing: USDCAD
sabrinaUSDCAD Canada's CPI got on 4.8% Pace in December from the growth rate of 4.7% in November. CPI fell 0.1% after gaining 0.2% in November. The average of the three…
Market Update – January 20 – Equities weaker, Gold rallies, Yields cool
Equity markets fell again (Nasdaq -1.15%) Financial and technology companies led the decline, U.S. dollar slipped like Yields – slides from highs, oil higher again, gold The day's asset rose…
Cable rolls over & consolidates
GBPUSD, daily GBPUSD raised 1.3636 during the European morning but remains in yesterday's range and tested the key 1.3600 even. The rise in yields has fizzled out for now and…
Microsoft and Johnson & Johnson Earnings Report Preview
Microsoft Microsoft, the second largest company on Wall Street by market capitalization (after Apple) and developer of the Windows operating system and office suite, is expected to report its results…
Market Update – January 21 – Stocks Sink – Netflix & Peloton Crash
Stock markets fell again (Nasdaq -1.3%) Tech companies led the slide, (peloton -24%, Netflix -18% post results. U.S. dollar solidified as Yields & Oil submerged, gold held on to the…
Events to Look Out for Next Week
The BoC and FED Policy meetings and press briefings are central bank highlights this week. Rising inflation and slowing economic growth from robust Q4 pace could be exacerbated by Omicron…