Overview: Chinese officials denied plans to end the zero-Covid policy and after a brief wobble, risk assets have traded better. Asia Pacific equities rallied,...
Overview: Risk appetites have returned but may be tested by the US jobs report. News of progress with US auditors in China helped lift Hong Kong...
The week ahead is important from a macro perspective. The data highlights include China's PMI, eurozone preliminary October CPI and Q3 GDP, and the US...
Overview: The yen and sterling are trading quietly after the recent drama, but with the Party Congress ending, the Chinese yuan has been permitted to fall...
One of the central banks reporting their monetary policy decisions this week is the Bank of Canada. On Wednesday, the central bank is widely expected to...
Jagmeet Singh Gaslights Canadians On "Greedflation" Authored by Mark Jeftovic via BombThrower.com, He wants Canadians to forget who is propping...
Overview: The markets seem to lack conviction today. Stocks in the Asian Pacific region advanced. Europe’s Stoxx 600 is giving up its earlier advance,...
Overview: Hopes that the global tightening cycle is entering its last phase supplied the fodder for a continued dramatic rally in equities and bonds....
The historic dollar rally accelerated in September. By some measures, it is as rich as it has been in the half-century since the end of Bretton...
The market has much to digest. The Bank of England's new purchases of Gilts coincided with a reassessment of the trajectory of Fed policy. After the hawkish...
Overview: Sterling’s pounding continued in Asia where it was driven to $1.0350, a new record low before stabilizing. UK rates also continued to rise...
What Are Currency Depreciation and Appreciation?In the foreign exchange market, currency depreciation occurs when the value of one currency falls compared...
The Canadian dollar is sharply lower today. In the North American session, USD/CAD is trading at 1.3329, up 0.59% on the day. Canada’s inflation surprises...
"I Love The Smell Of Liquidation In The Morning..." Economic data this morning was mixed enough to perhaps be goldilocks for The Fed (better...
Canada's inflation rose to 40-year highs this year while Bitcoin's price plummeted in the same period. According to a new Twitter...
Overview: The US dollar remains offered ahead of today’s CPI report. Most European currencies are outperforming the dollar bloc, and the greenback is...
After extending its recent gains, the dollar fell sharply at the end of last week. Many factors could have sparked the pullback, including the stronger...
Overview: While the US dollar appears to be consolidating its recent gains, the Japanese yen and Chinese yuan remain under pressure. Officials seem more...
The Canadian dollar has extended its losses for a third straight day. In the North American session, USD/CAD is trading at 1.3175, up 0.32%. Canada’s...
The highlights of September include continued substantial rate hikes by the major central banks, save Japan. The Tories will pick a new leader, who will...
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,...
Overview: The dog days of August for the Northern Hemisphere are here and the capital markets are relatively subdued. Equities are firmer. The notable...
Concerns over an aggressive policy tightening path by central banks weighed on… The post @ the Bell: Employment data worries markets, indices split appeared...
Overview: The market is judging China's response to Speaker Pelosi's visit in a mild way and risk appetites returned. Equity markets are higher, even...
Overview: The month-end and slew of data is making for a volatile foreign exchange session, while the rash of earnings has generally been seen as favorable...
The price exchange in the foreign exchange market was a story separate from the macro developments. The euro traded below parity for the first time since...
It was a rough start to the week for markets on Bay… The post @ the Bell: Could profits come under pressure due to an economic...
Overview: The US dollar is bid against most currencies today, encouraged not just by good news in the US and poor news out of China, where...
High political drama in recent days included the assassination of former Japanese Prime Minister Abe and the resignation of UK Prime Minister Johnson. Yet,...
Last month, when the Federal Reserve hiked 75 bp instead of the 50 it had signaled, Chair Powell cited the unexpectedly strong CPI and elevated University...