Markets European stock markets rebounded in today’s countdown session to the FOMC meeting. Main indices gain around 2%. US benchmarks open up to 1.5% stronger (Nasdaq), but doesn’t seem to build on opening momentum. Core Read more…
Daily Pivots: (S1) 1.2595; (P) 1.2632; (R1) 1.2666; More… Intraday bias in USD/CAD remains neutral and further rise is mildly in favor with 1.2553 minor support intact. Pull back from 1.2964 should have completed with Read more…
Canadian Dollar tumbles notably in early US session after much less hawkish then expected BoC rate decision. The central bank stands pat while lowering both inflation and growth forecasts. Elsewhere in the currency markets, Yen Read more…
The central bank adopts a hawkish bias and said “the Governing Council expects interest rates will need to increase, with the timing and pace of those increases guided by the Bank’s commitment to achieving the Read more…
The burger is launching the Buffalo Chicken Sandwich and Buffalo Spiced Cheese Fries ahead of the Super Bowl. Thirteen seconds and a coin flip gave Josh Allen an unexpected (and underserved based on his stellar Read more…
The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ %, with the Bank Rate at ½ % and the deposit rate at ¼ %. With Read more…
Here’s how Wes Bos goes about adding PPP for his courses. Read more
It has been a quiet week for the New Zealand dollar, but that could change later in the day, with two key releases. The Federal Reserve holds a policy meeting and New Zealand releases CPI Read more…
As we discussed the potential for a rebound in our report yesterday, the markets have in fact gone up from oversold levels. Europe was doing particularly well this morning, with the major indices being up Read more…
Microsoft’s stronger than expected guidance, has helped distract investors ahead of the looming Fed meeting. US futures Dow futures +1.06% at 34678 S&P futures +1.4% at 4423 Nasdaq futures +2.06% at 14465 In Europe FTSE Read more…