The Ontario government may not run a balanced budget for nearly another decade, at least according to Premier Doug Ford’s latest financial blueprint, as the economic...
The South African rand is rebounding against its US peer in the middle of the trading week. With a renewed rally in the broader financial markets, investors are pouring back into emerging market currencies....
The COVID-19 pandemic caused an unprecedented worldwide consumption decline and dramatically changed consumer behavior almost overnight. But what happens once the pandemic is over? Does everything...
Chinese Stocks Tumble To 2021 Low, Hong Kong Enters Correction As Central Bank Support Fades China’s benchmark stock index extended losses for a second day, closing...
US High-Frequency Indicators Point To Sharp Economic Rebound Authored by Christophe Barraud, Following a disappointing month of February where most of economic indicators came below expectations...
Oil prices collapse overnight A souring outlook for the global recovery as Covid-19 fears resurface, and it appears there is still plenty of speculative long positioning...
Canadian travel startup Hopper has raised a $170 million Series F round, led by Capital One. The U.S. banks and credit card company is also coming...
Asian equities weighed down by Covid Asian markets are in defensive mode today, as concerns rise that Covid-19 may delay the global economic recovery. With a...
Dollar rises despite lower yields Some degree of safe-haven flows appears to be emerging in the US dollar as it rallied impressively overnight. The strong bid-to-cover...
The Janet Yellen/Jerome Powell double act did not entertain markets overnight. Mr Powell stuck to his inflation is temporary, nothing to see here move along mantra....
Shares of AAR Corp. rose 2.6% in Tuesday’s extended trading session after the aviation company posted better-than-expected fiscal 3Q (ended Feb. 28) earnings. Meanwhile, sales for...
Dalian Wanda Group, which is controlled by billionaire Wang Jianlin, is seeking to reorganise part of its sprawling businesses after halting a five-year pursuit to list...
Largest Dry Cargo Ships Haul Unusual Loads As Dry-Bulk Market Squeezed With global supply chains stretched thin, an unprecedented amount of fiscal stimulus circulates the world resulting in...
The Bank of Canada is working hard to avoid a taper tantrum when it eventually decides to slow its government bond purchases. Toni Gravelle, a deputy...
Dimon, Fink And Other CEOs Beg New York Lawmakers Not To Raise Taxes Wall Street executives and other New York employers have begged Governor Andrew Cuomo...
WTI Holds Big Losses After Surprise Crude Build Crude prices crashed today, extending recent losses with WTI back below $58 at six-week lows amid dimming prospects...
The Japanese yen continues to trade sideways this week. Currently, USD/JPY is trading at 108.71, down 0.12% on the day. The Japanese yen remains under pressure,...
Oil prices retreat on oversupply concerns Oil prices are declining as market structures flip to contango, the dollar resumes despite falling bond yields, and a dreary...
Most economic forecasters expect very strong GDP growth in 2021 as the $1.9-trillion American Rescue Plan works its way through the economy and more people are...
The Dollar, Long & Short Via DataTrekResearch.com, We’re dedicating today’s entire Data section to the value of the dollar and how this translates to US corporate...
The Japanese yen continues to trade sideways this week. Currently, USD/JPY is trading at 108.71, down 0.12% on the day. The Japanese yen remains under pressure,...
Watch Live: Powell, Yellen Tell Congress Economic Recovery Has A Long Way To Go Fed Chairman Jerome Powell's whirlwind week of public appearances and monetary policy...
COVID-19 survivors, particularly those with heart disease or diabetes, may have an increased risk of blood clots or strokes due to prolonged immune response Credit: Public...
Funding cuts will force the national broadcaster to implement a root and branch reorganisation.
WTI Tumbles Back Below $60 As Contango Returns Amid concerns about European demand (as increasingly restrictive lockdowns are reintroduced) and the beginnings of anxiety about US...
Kim Klement-USA TODAY SportsThe Rays finally got one of their prized young arms back while Arizona may be without one of theirs. The MLB Daily Dish...
Funding cuts will force the national broadcaster to implement a root and branch reorganisation.
Oil prices edged lower overnight, Brent crude easing 0.40% to USD64.25 a barrel, and WTI edging 0.25% lower to USD61.25 a barrel. Asia’s downward pressure continues...
EUROPEAN SHARES European shares opened lower on Tuesday, extending the bearish trend seen in Asia amid progress slowing in the... The post Daily market commentary: Oil...
Climate Change Won't Be Stopped By 593 Pages Of Green Tape Submitted by Huw van Steenis, Financing an innovative low-carbon economy is one of the defining...