The Bank of Canada (BoC) raised the overnight rate to 1% and stated that it will start Quantitative Tightening (QT). This means that it will allow maturing government bond holdings to run off its balance Read more…
The Euro is trading at a reduced speed and just ticks above key support at 1.0806 (Mar 7 low) on Wednesday, as bears slow on headwinds from 1.0806 and ahead of tomorrow’s ECB policy meeting. Read more…
The Tesla CEO has an ambitious plan for Sin City and it just might work. Las Vegas has near-permanent traffic that gridlocks when a major trade show hits town. The trip from Harry Reid International Airport Read more…
Toyota looks to find a place in a crowded field of competitors. Electric vehicle makers could be seeing a new competitor in their rear view mirrors. With the all-electric BZ4X, Toyota is finally joining the EV Read more…
Markets continue to underprice strong small-cap stocks like this one, Real Money Columnist James ‘Rev Shark’ Deporre argues. In a frustrating market, it’s hard not to notice the disconnection between fundamentals and stock performance. “Picking Read more…
The competition in the market for ultra-luxurious electric vehicles is likely to get fierce, particularly between Lucid and Tesla. The market for ultra-luxurious electric vehicles is about to reflect a fierce rivalry. After having this Read more…
The Japanese yen has been demolished lately, thanks to the Bank of Japan’s reluctance to join the global tightening party. There are growing whispers that Japanese authorities are about to intervene in the FX market, Read more…
US stocks are edging higher after PPI jumps to 11.2% YoY and JP Morgan sees profits fall US futures Dow futures -0.1 % at 34185 S&P futures + 0.01% at 4396 Nasdaq futures +0.1% at Read more…
Spot gold extends advance into a fifth straight day and hit the highest in four weeks on Wednesday. Fresh strength emerges above the month-long range, signaling that metal’s price is establishing in a fresh direction, Read more…
Markets We’ve started the day with UK March inflation numbers spiking to a 30-yr high of 7% Y/Y, with the peak not yet in place. The unexpected fresh acceleration strengthens market thinking that the Bank Read more…