BOC Review: No change expected but CAD still faces risks
It’s red across equity screens amid a bout of risk aversion, though again many indexes are just off all-time highs. European stocks sold off, while US equity futures are weaker as a…
Read More »Recap April 11: Elon Musk Uses Chips in Monkeys, Oil drops, Record Highs (Recap Ep118)
In this week’s recap, we found that almost all global markets ended higher, with an all-time high in the Dow and S&P 500, as U.S. Treasury yields fell after softer-than-anticipated…
Read More »Midweek Market Podcast – April 7
The Market Week – April – Week 1 HotForex · Midweek Market Update – April 7 The focus of attention once again this week is on the Bond market,…
Read More »Gold Price Analysis: XAU/USD to face stiff resistance at $1736 after double-bottom reversal
Gold (XAU/USD) is struggling to extend its last week’s recovery on Easter Monday, as outstanding US NFP data-induced risk-on market mood underpins the
Read More »NFP Preview! Up, Up, Up? WHY?
The Nonfarm Payrolls number is expected to reflect the growth of the US economy in every aspect affected by the pandemic since last year. Since last summer, the US labor market appeared to spark…
Read More »Midweek Market Podcast – March 31
The Market Week – Quarter End and beyond HotForex · Midweek Market Podcast – March 31 The Market Week – Quarter End and beyond The focus of attention…
Read More »Reminder! EURO Alert
Rising inflation remains an important determinant of market reaction this year, as rising yields continue to challenge lofty equity market valuations, especially in the technology sector, a topic which we…
Read More »USD/JPY steady in the Tokyo open as USD bulls take a breather
At the time of writing, USD/JPY is trading at 109.80 ad flat on the day so far. The pair has stuck to a tight range between 109.72 and 109.88 as…
Read More »Events to Look Out for Next Week
Moving into the new week, trading has been choppy as a confluence of factors impact. Positioning and month-/quarter-end portfolio rebalancing may be the biggest influencers so far, while vaccine rollouts,…
Read More »Risk aversion boosts Treasuries
US Q4 GDP growth was revised up to a 4.3% rate in the third look at the data, up from 4.1% in the prior report and 4.0% in the Advance release….
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