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The week starts with focus on China's 10bp cut in its one-year Medium-Term Lending Facility (MLF). Rather than rallying on the prospect of stimulus, commodity currencies have softened on the view that...
The currency market story this week contains many parts however initial focus is on deeply oversold wide range currency pairs: GBP/AUD, EUR/AUD, GBP/NZD, EUR/NZD, EUR/CAD, GBP/CAD. The primary...
Three events stand out next week. The preliminary PMI readings for many high-income countries and the policy meetings of the Federal Reserve and the Bank of Canada. The geopolitical backdrop remains...
Let’s start with a quote today by finance executive Steven P. Greiner: “Uncertainty is about our inability to calculate the risk accurately." It embodies everything about the stock market...
The Canadian dollar continues to have a quiet week. In the North American session, USD/CAD was trading around 1.2530.Canada’s Manufacturing sales climbed for a second consecutive month in...
The relentless, multi-year rally in the shares of Microsoft (NASDAQ:MSFT) continues to defy even the most bullish forecasters.In 2021 alone, the software giant gained almost 55%, almost double the...
Decentraland, The Sandbox, and Gala Games are among the Metaverse and GameFi tokens leading the recent market uptick.Metaverse and GameFi tokens are currently leading the Christmas market recovery,...
The energy sector has recovered this year, driven by the reopening of economies and the subsequent rebound in oil demand. Despite the pullback in oil prices and energy stocks in recent weeks, energy...
The Building Products - Mobile Homes and RV Builders industry is in the top 2% of Zacks-classified industries. And with good reason.Through most of 2020, when people were afraid of the pandemic,...
Over the past year, inflation has turned up in everything, from household items to used cars. Now, it’s coming for your turkey and cranberry sauce.Americans celebrate Thanksgiving this week, and...
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