It’s taken months to sink in, but traders are finally coming around to the once-unthinkable scenario of possibly no rate cuts in 2024 and are now even considering the idea of another hike by the U.S. central bank...
Posts published in “Asides”
U.S. stocks are pointing lower Tuesday as investors wait for results from AI-darling Nvidia and brace for new clues from Federal Reserve officials on interest rates after last week’s inflation data...
The recent bullish momentum that has propelled U.S stocks to record territory is fading, and “seasonal” weakness in March could push major stock indexes into one of their worst stretches of the year, according to Jonathan Krinsky, chief market technician at BTIG...
The Mexican Peso seesaws against the US Dollar on Monday as low volume trading is due to the United States observing Presidents’ Day...
Stock markets in the US will remain closed in observance of the Presidents’ Day holiday on Monday...
The Canadian Dollar (CAD) is stuck in a near-term technical range as the new trading week kicks off with a thin market profile...
In Monday's session, the EUR/GBP was at 0.8555 amid anticipation of possible shifts in European Central Bank (ECB) policy, as recent indicators point towards revitalized wage growth and a surprising uptick in core inflation...
Statistics Canada will release January Consumer Price Index (CPI) data on Tuesday, February 20 at 13:30 and as we get closer to the release time, here are the forecasts by the economists and researchers of seven major banks regarding the upcoming Canadian inflation data...
Citing expectations for stronger economic growth and profits for Big Tech, Goldman joins some of Wall Street’s biggest bulls with an S&P 500 forecast of 5,200...
Donald Trump said that his legal issues are part of a “path to destruction.”...