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 »EUR/USD declines below 1.0700 as Fed Bowman pushes back rate-cut hopes
EUR/USD declines below the round-level support of 1.0700 in Wednesday’s early American session.
Read More »Is a rate hike back on the menu for the RBA?
Australia weighted CPI YY 4.0% vs 3.8% expected AUDUSD pops higher after hotter than expected CPI data In their latest policy decision here, the RBA continues to put out the…
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Taking Stock: S&P 500 Quarterly Performance and Market Breadth Observations
The bull trend in US equities is undeniable, but questions are being asked about the longevity of the rally as stocks now that fewer stocks are taking part in the…
Read More »Bank of England Leaves Rates Unchanged, Sterling and Gilt Yields Drift Lower
The Bank of England (BoE) left interest rates unchanged today as expected, despite headline CPI falling back to target.
Read More »A light one on the data docket to start the new week
Things are moving slower to start the new week, with major currencies keeping in tight ranges. But if anything else, do keep an eye out for USD/JPY as it continues…
Read More »USD/CAD appreciates to near 1.3700 as Fed delays the expected timing of the rate cut
USD/CAD halts its six-day losing streak, trading around 1.3700 during the Asian session on Monday.
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