Bank of Canada Holds Rate At 5%, As Expected, Sees Excess Demand Easing But Prepared To Hike More If Needed In a day when we have...
Overview: Bonds and stocks are mostly heavier today and the dollar has turned mixed. Oil prices are consolidating after soaring to new highs since late...
Futures in Canada's main stock index waivered among shifting commodity prices. Energy was the top performing sector on the TSX. The post @ the Bell: TSX...
Futures in Canada's main stock index waivered among shifting commodity prices. Energy was the top performing sector on the TSX. The post TSX keeps momentum...
Loonie pares losses alongside oil price surge Oil rises on OPEC+ action, but may remain a choppy trade on global growth concerns and rising Non-OPEC production...
Overview: Disappointing data in Asia and Europe has sent the greenback broadly higher. The strong gains posted before the weekend were mostly consolidated...
Canada’s GDP contracts in second quarter US nonfarm payrolls, wages point to weak US labour market The Canadian dollar is unchanged early in Monday’s...
There is a sense of new divergence. Most economists, including the staff at the Federal Reserve, no longer think the US is recession-bound. Unprecedented...
After a series of otherwise flat trading sessions, many of which ending in the red, the TSX hit a one-month high on Friday. The post @...
Canada’s GDP expected to ease in Q2 US nonfarm employment payrolls expected to dip to 177,000 The Canadian dollar is calm in the European session, trading...
Another day of flat movement for futures tracking Canada’s main stock index on Thursday. Higher oil prices helped give the TSX some lift, The post @...
Canada’s largest centre nudged higher on Wednesday, driven by higher crude oil prices. TSX traders prepare for a data-heavy week. The post @ the Bell:...
Overview: The dollar staged a major technical reversal yesterday, in a dramatic reaction to a considerably weaker JOLTs report than expected, spurring...
Canada’s largest centre built on momentum from the previous session to close higher on Tuesday. Tech and mining stocks powered the TSX. The post @ the...
A broad gain helped push stock futures in Canada’s largest market higher to kick off the final trading week of August on the TSX. The post...
Overview: Many market participants sense an inflection point is near. The dollar settled last week beyond key levels against several major currencies,...
Overview: Encouraged by the continued stream of US data, which suggests that the world's largest economy is accelerating, the US 10-year yield is approaching...
China’s exports post worst plunge since February 2020 China’s imports from Australia fell 10.9% y/y, which was a major reversal from the 6.2% gain...
Overview: The US dollar is recovering today after it was sold following the jobs report before the weekend. It is enjoying a firmer bias against nearly...
Prices pressures are abating, albeit gradually, while economic momentum is faltering. The data in the coming weeks will help shape expectations for rate...
Futures Grind Higher As Global Yields Slump After Major UK Inflation Miss Futures were just barely higher, having erased earlier small gains...
Overview: A powerful short squeeze has lifted the yen by the most in two months this week. The dollar's push today below JPY143 was encouraged by the...
As the month and quarter wind down, inflation readings are featured. The US May PCE deflator, which is the targeted measure is reported. Canada and Australia...
The week ahead is less eventful than the week that just passed, which saw the anticipated hike by the ECB and the small cut by the...
Bank of Canada likely to pause at today’s meeting Fed expected to pause next week The Canadian dollar is unchanged, trading at 1.3400 in the North...
Overview: The market was gearing up for a June Fed hike and officials and this helped lift the greenback. However, the Fed Governor Jefferson, nominated...
June is a pivotal month. The US debt-ceiling political drama cast a pall over sentiment even if it did not prevent the dollar from rallying or the...
Silver followed on gold’s steps in May and dropped from the 2023 highs as the dollar strengthened. But despite the steep correction, silver might be...
Overview: Federal Reserve Chair Powell's offered a stronger case for a pause in the monetary tightening before the weekend and this sapped the dollar's...
Overview: Better than expected US core retail sales and manufacturing output sent US rates higher and helped lift the greenback during the North American...