Tech Tumbles As Yields Surge, Meme Stocks Explode It's not just the surge in meme stocks that is a case of deja vu all over again:...
The New Zealand dollar has posted modest gains in the Thursday session. Currently, NZD/USD is trading at 0.7445, up 0.16% on the day. New Zealand dollar...
Retail armies pile back into Asian equities Wall Street abruptly reversed its early selloffs overnight on uber-dovish Powell comments, with the leading indices recovering impressive finishes....
Overview: After several attempts, the euro has pushed above $1.22, and the Australian dollar has surpassed $0.8000 as the greenback remains under broad pressure against the...
The inflationary wobbles in global stock markets were partially put to rest overnight, as the Federal Reserve Chairman, Jerome Powell, continued soothing frazzled nerves during his...
Poor infrastructure continues to hinder economic growth in sub-Saharan Africa. Moreover, according to a recent publication by McKinsey and Company, the region’s attempts to address these...
Jake Trainor spent 12 years as a helicopter pilot with the 427 Special Operations Aviation Squadron, a high-precision, high-intensity military unit based in Petawawa, Ont. It...
The COVID-19 pandemic and renewed public-health restrictions meant to contain it knocked Canadian employment back to summer levels in January, although an increase in total hours...
Two of Canada’s biggest banks see a brightening economic picture in 2021, but expect the country’s recovery to lag that of the United States, where the...
By Kristalina Georgieva As G20 finance ministers and central bank governors meet virtually this week, the world continues to climb back from the worst recession in...
The euro is unchanged in the European session. Currently, EUR/USD is trading at 1.2154, up 0.02% on the day. German GDP posts small gain Germany is...
Blowing Up The "Everything" Bubble Authored by Lance Roberts via RealInvestmentAdvice.com, Recently, I discussed the “Two Pins That Pop The Bubble,” specifically noting the risk of rising interest...
The US mustn't make the mistake of tackling these threats separately – or of trying to take a unilateral approach.
The euro fell against the resurgent US dollar ignoring in-line euro area releases, as US Treasury yields remained stable during the first half of today’s session. The EUR/USD currency pair spiked higher...
If This Isn't A Blow-Off Top... Authored by John Rubino via DollarCollapse.com, Financial history includes plenty of extreme years. That’s not surprising, since we’re emotional beings...
by Davide Furceri, Jonathan D. Ostry, and Anthony C.K. Tan Asian economies are performing better than expected. In the IMF’s latest World Economic Outlook Update, we...
Overview: Rising rates continue to spur a rotation and retreat in stocks. Yesterday the NASDAQ sold-off by nearly 2.5% while the Dow Industrials eked out a...
Recently, I discussed the "Two Pins That Pop The Bubble," specifically noting the risk of rising interest rates and inflation. However, the real threat is not...
President Biden’s proposal to spend another $1.9 trillion to shore up the COVID-ravaged U.S. economy is prompting a debate over how much fiscal stimulus is too...
The Turkish lira weakened against its US peer to kick off the trading week, despite several growth updates from major financial institutions and the continuation of policy normalization. Since November, the lira has...
Key Events This Busy Week: Powell, Stimulus And More Inflation Cues As DB's Jim Reid writes in his Early Morning Reid, "this week marks the first...
- by New Deal democrat“You’re reading the right blog” is an old chestnut (for me anyway) that I used to say from time to time to...
The Australian dollar was among the strongest currencies on the Forex market today, rising against all other most-traded currencies except for the New Zealand dollar. That said, the Aussie has lost its gains...
The Australian dollar was among the strongest currencies on the Forex market today, rising against all other most-traded currencies except for the New Zealand dollar. That said, the Aussie has lost its gains...
Overview: Higher interest rates, driven by inflation expectations, is forcing an adjustment to equity markets. The S&P 500 is poised to gap lower today following slides...
The US Dollar falls on Friday The US dollar dipped initially in Asia today, notably against the commodity currencies, but has since regained most of those...
The Trustees Have Failed Via Techno Fog substack, A Story of Generations I often reflect on the concept of generational responsibilities. That each generation, whether mine...
Rising yields spook investors Jerome Powell’s appearances in Congress next week may come at the perfect time. Rising yields have made investors nervous and the Fed...
The Japanese yen strengthened against its US counterpart to finish the trading week amid reports that the central bank is reconsidering loose monetary policy to spur economic growth. This comes as the Bank...
The British pound has posted small gains in the Friday session. Currently, GDP/USD is trading at 1.4000, up 0.18% on the day. Sterling rallies past 1.40...