Mixed data for China and the UK sees markets tread water in Europe
We're seeing relatively flat trade again on Tuesday amid mixed economi...
COVID-19
Oil slightly higher, gold continues to drift lower
Posted by Craig ErlamOil settled into lower range but focus remains on banks and OPEC+ Oil prices were drifting lower earlier in th...
Read More
All eyes on Powell
It's shaping up to be another relatively flat day in the markets as in...
Earnings Season
Stocks rally on Nvidia’s AI fervor and debt deal optimism
Posted by Ed MoyaFed swaps earlier priced in a quarter-point rate rise by July FOMC Meeting 10-year Treasury yield rises ...
Read More
Stocks lower on Home Depot’s warning and looming debt ceiling drama
10-Year Treasury yield rose 5.1bps to 3.553% Canadian inflation...
Stocks mostly drop as banking jitters and on growth concerns
Wall Street focuses on banking deposits as PacWest struggles, whil...
Non-Farm Payrolls
May jobs report shows hiring isn’t ready to cool, while layoffs rise
Posted by Ed MoyaA red-hot labor market remains and that should keep the pressure on the Fed, which will also delay second half ...
Read More
Markets buoyed by debt ceiling deal but US jobs report was always the main event
A debt ceiling fiasco has been averted late in the day and markets are...
Oil edges higher ahead of OPEC, gold eyes nonfarm payrolls
Oil edges higher ahead of OPEC+ meeting this weekend Oil prices are e...
Trade War
Lack of further liquidity and investors’ positioning put a dent in China’s stock mar...
Posted by Kelvin WongCyclical sectors have underperformed, and Real Estate is the worst. No clear signs to indicate the resur...
Read More
Dollar dips after Powell speech
The US dollar retreats on dovish Powell The US dollar rally continu...
Will key job releases weigh on US dollar?
The markets are yet to open in North America, but today's session coul...