Trump’s Treasury Secretary will be a George Soros disciple or a gold bug – report
An earlier report highlighted John Paulson and Scott Bessent as possible candidates for Treasury Secretary and now Reuters sources say those are the leading candidates. I wrote about Paulson earlier…
Read More »Canada August new housing price 0.0% vs +0.2% prior
Prior was +0.2% Prices were unchanged in 13 of the 27 census metropolitan areas Prices increased in 8 Prices declined in the remaining 6 The index was unchanged on a…
Read More »Canada May advance wholesale trade -0.9%
Prior was +2.4% The decline reflects lower sales in the motor vehicle and motor vehicle parts and accessories subsector, according to Statistics Canada. It’s a big drop but comes after…
Read More »US equities finish the week on a soft note
It was quad witching in the equity market and that played a big role in today’s trading. S&P 500 down 0.2% Nasdaq Comp down 0.2% Russell 2000 up 0.2% DJIA…
Read More »News is making people miserable
At ForexLive, we work in the news business and I make it our mission to deliver news and analysis that can help people make money in financial markets, or at…
Read More »US household versus establishment employment surveys
Here’s a great chart from BMO showing the consistent jobs growth in the establishment survey compared to the household survey showing net job losses since June. On both charts, BMO…
Read More »Strong auto sales hide slowing Canadian disretionary spending
Canada retail sales Friday’s Canadian retail sales report for September far-surpassed expectations at +0.6% compared to a flat reading expected. In addition, the advance reading for October was +0.8% in…
Read More »Nikkei 225 opens 0.6% higher
The Japanese Nikkei 225 opened 0.65% higher to start the week. It’s trading into the gap from late last week. This article was written by Adam Button at www.forexlive.com.
Read More »Video: Has the US dollar topped?
<p>Last week's US dollar decline was one of the largest ever. What's driving the move and how to know it will last.</p> This article was written by Adam Button at…
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