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US Stocks Notch Records Before Fed Decision
US Stocks Notch Records Before Fed Decision
2024-06-14
Nasdaq 100 and S&P 500 hit all-time highs Tuesday. Investors expect no Fed rate change, but the FOMC will release its economic projections.
Bullion Caught Between China Buying and US Rate Changes
Bullion Caught Between China Buying and US Rate Changes
2024-06-14
Gold prices fell Thursday after an encouraging inflation report and the Fed reducing its rate cut expectations for this year from three to one.
​US CPI May - U.S. Inflation Fell Slightly in April
​US CPI May - U.S. Inflation Fell Slightly in April
2024-06-14
US inflation eased slightly in April, offering some relief to households. CPI rose 3.4% year-on-year, meeting expectations.
A Perfect Storm Lurks in Europe after Far-Right Gains
A Perfect Storm Lurks in Europe after Far-Right Gains
2024-06-12
The pound fell against the euro after Macron's snap election call and a far-right victory, leading to a decline in the common currency.
Aussie Dollar Faces Pressure Despite Higher Inflation
Aussie Dollar Faces Pressure Despite Higher Inflation
2024-06-10
The Aussie dollar is rebounding after a slump early this year, yet struggles with weak economic growth persist.
U.S. Job Creation Underwhelms in Latest NFP Report
U.S. Job Creation Underwhelms in Latest NFP Report
2024-06-10
U.S. April nonfarm job growth was below expectations, and the unemployment rate rose, raising the likelihood of a Fed rate cut soon.
US Equities Look Ahead to Golden July
US Equities Look Ahead to Golden July
2024-06-10
The S&P 500 and Nasdaq closed slightly lower on Thursday, pulling back from prior session highs, as investors anticipate a crucial labor market report.
Loonie on the Defensive after BOC Rate Cut
Loonie on the Defensive after BOC Rate Cut
2024-06-06
Canadian stocks and bonds surged as the BOC, first among the G7 central banks, slashed rates, pushing the loonie to a two-week low.
​May ADP - The Job Market Remains Strong
​May ADP - The Job Market Remains Strong
2024-06-06
The ADP report showed that the U.S. private sector added 192,000 jobs, hiring increased in various industries, and the labor market remained strong.
Fund Managers Choose Gas over Oil Dip
Fund Managers Choose Gas over Oil Dip
2024-06-05
Oil prices eased Tuesday, extending 4-month lows as investors fear supply increases later in the year. Losses continue from the previous session.
Canadian Dollar Strengthens Despite Economic Headwinds
Canadian Dollar Strengthens Despite Economic Headwinds
2024-06-04
The Canadian dollar rose Monday as falling Treasury yields offset expectations of a BOC rate cut next week due to weak GDP data.
US Inflation Rises in April - PCE Price Index
US Inflation Rises in April - PCE Price Index
2024-06-04
In March, the US core PCE price index remained at 2.8% year-on-year, showing solid consumer spending amid ongoing pressure.
OPEC+ Meeting Poised to Revitalize Sluggish Oil Markets
OPEC+ Meeting Poised to Revitalize Sluggish Oil Markets
2024-06-04
Oil prices fell Friday as Fed officials said rate cuts were premature, and a surprise build in US gasoline stocks added pressure.
Gold and Silver Remain Strong Despite Recent Pullback
Gold and Silver Remain Strong Despite Recent Pullback
2024-05-31
Gold and silver prices fell Thursday amid inflation concerns. Despite recent declines, analysts foresee their strengthening in the coming year.
UK Stock Market at High Stake on Wednesday
UK Stock Market at High Stake on Wednesday
2024-05-30
The FTSE 100 Index tumbled Tuesday as bids for two major companies neared a deadline. Foreign investors are snapping up discounted stocks.