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Loonie hobbles after second weekly decline in a row
Loonie hobbles after second weekly decline in a row
2024-01-15
The Canadian dollar dipped vs. the USD, oil retreated, and upcoming inflation data may influence the Bank of Canada's rate choice this week.
Gold runs out of steam on high Treasury yields
Gold runs out of steam on high Treasury yields
2024-01-11
Gold at $2,030, anticipating US inflation data, supported by a weaker dollar. It marked its first weekly decline in four weeks.
Japan stocks are roaring despite risk-off mood
Japan stocks are roaring despite risk-off mood
2024-01-10
Japan stocks soared, with Nikkei 225 hitting a 33-year high, outshining global peers impacted by diminishing rate-cut expectations.
The U.S. added 199,000 jobs in November - NFP
The U.S. added 199,000 jobs in November - NFP
2024-01-09
November job creation remains robust, with nonfarm payrolls up by 199k, surpassing the 190k estimate and outperforming October's gain of 150k.
Sterling gains upper hand against euro on improving fundamentals
Sterling gains upper hand against euro on improving fundamentals
2024-01-09
On Tuesday, the pound stayed near its three-week high against the euro, touched the previous week amid expectations of an ECB rate cut before the BOE.
US CPI YoY Dec - Core inflation remains high
US CPI YoY Dec - Core inflation remains high
2024-01-08
US inflation rose 3.1% YoY in November, as expected. However, core inflation remains high at 4%, surpassing the 2% target.
Loonie on the defensive despite raised forecast
Loonie on the defensive despite raised forecast
2024-01-08
A strong NFP report boosts USD against CAD. Investors compare the figures between the two countries, which influences the exchange rate.
Gold gets a breather as dollar stalls
Gold gets a breather as dollar stalls
2024-01-05
Gold stabilized Friday after its first 5-day gain ahead of the US nonfarm payrolls report. The Iran explosion might offer additional support.
Oil prices surge amid Middle East turmoil
Oil prices surge amid Middle East turmoil
2024-01-04
Oil prices surged Thursday, driven by supply concerns amid disruptions in Libya and heightened Israel-Gaza war tension, extending a strong rally.
Wall St rally pauses on Apple downgrade
Wall St rally pauses on Apple downgrade
2024-01-03
Asian stocks fell as Wall Street closed lower on 2024's first trading day. The 10-year Treasury yield surpassed 4.000%, dampening rate-cut optimism.
Oil prices tumbled in 2023 as OPEC+ lose grip
Oil prices tumbled in 2023 as OPEC+ lose grip
2024-01-02
In 2023, oil prices plunged by 10% due to geopolitical turmoil and global concerns over major producers' output levels, marking a tumultuous year.
​2023 – reign of Magnificent Seven
​2023 – reign of Magnificent Seven
2024-01-01
The "Magnificent 7" ruled investments last year, with a combined market value almost matching Canada, China, Japan, the UK, and France combined.
Oil prices dealt another blow heading into 2024
Oil prices dealt another blow heading into 2024
2023-12-29
Oil prices rebounded after a 3% drop on Friday as more shipping firms prepared to resume Red Sea routes, alleviating supply concerns.
World stocks reach new highs in over a year
World stocks reach new highs in over a year
2023-12-28
Global stocks hit a one-year high, and the dollar reached a five-month low on expectations of early interest rate cuts by major central banks.
Japan equities digest gains on another muted session
Japan equities digest gains on another muted session
2023-12-26
During Christmas, Asian stocks traded flat; many markets closed. US stocks ended mixed on Friday due to lower-than-expected inflation.