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​Loonie digests strong gains on domestic job losses
​Loonie digests strong gains on domestic job losses
2024-08-12
On Monday, the Loonie held steady as economists deemed the US jobs data reaction overblown, influenced by immigration and Hurricane Beryl.
​Gold steadied above 2,400 on hedging demand
​Gold steadied above 2,400 on hedging demand
2024-08-09
Gold prices fell on Friday after a 1% rise, driven by safe-haven demand and expectations of a significant Fed rate cut in September.
Aussie Weakened by Negative Global Outlook
Aussie Weakened by Negative Global Outlook
2024-08-09
The RBA kept rates steady and reiterated flexibility on inflation control, leading markets to lower expectations for a November rate cut.
Crude Oil Prices Rise for Third Day
Crude Oil Prices Rise for Third Day
2024-08-09
Oil prices increased for the third consecutive day after US crude stockpiles dropped significantly, rebounding from multi-month lows.
​Fast money fails to pull lira out of a death spiral
​Fast money fails to pull lira out of a death spiral
2024-08-07
The Turkish Lira reached a record low this week, despite a weak dollar from a poor jobs report. It's down 13.8% this year, with no end in sight.
​Yen rally halts when stocks make a spectacular comeback
​Yen rally halts when stocks make a spectacular comeback
2024-08-06
Japanese stocks surged at Tuesday's open, boosting Asian markets and triggering circuit breakers, after central bank reassurances calmed investors.
AI Reckoning May Have Begun
AI Reckoning May Have Begun
2024-08-06
The Nasdaq 100 entered correction territory on Friday, losing over $2 trillion in value in three weeks as traders unwound long-profitable bets.
Japanese Stocks Suffer Worst Day Since 1987
Japanese Stocks Suffer Worst Day Since 1987
2024-08-06
Asian stocks plunged Monday, with the Nikkei 225 dropping 12.4%, its worst daily loss since 1987, and entering a bear market.
​Jul NFP - Immigration Affects Employment Data
​Jul NFP - Immigration Affects Employment Data
2024-08-05
The US labour market has been showing perplexing trends recently, marked by robust nonfarm payroll growth juxtaposed with a rising unemployment rate.
Oil Bulls Need More Than Israel's Conflict
Oil Bulls Need More Than Israel's Conflict
2024-08-05
Oil prices are caught between Middle East turmoil and a global slowdown. Israel's killing of two Hamas leaders this week escalates conflict concerns.
Stocks Plummet Amid Souring Sentiment Toward AI
Stocks Plummet Amid Souring Sentiment Toward AI
2024-08-05
Global equities fell Thursday as US data fueled economic worries, causing sell-offs on Wall Street and a major rout in European financial stocks.
​Israel Retaliation Sets Oil Prices on Fire
​Israel Retaliation Sets Oil Prices on Fire
2024-08-02
Oil prices rose Thursday in early Asian trading after a Hamas leader's killing in Iran heightened fears of a wider Middle East conflict.
The Fed's July Meeting: Rate-Cut Dilemma
The Fed's July Meeting: Rate-Cut Dilemma
2024-08-01
Fed officials are expected to keep the key interest rate steady this week, despite some economists suggesting July is the right time for a cut.
The Wealth May Give Bullion a Boost in H2
The Wealth May Give Bullion a Boost in H2
2024-08-01
Gold prices remained above $2,400 as investors anticipated that the Fed might signal a September rate cut at this week's policy meeting.
Hedge Funds Growing Bullish on Europe
Hedge Funds Growing Bullish on Europe
2024-07-31
European shares dipped Monday as investors were cautious at the start of earnings week, with the upcoming Fed meeting adding to uncertainty.