Canadian GDP likely rose in the second quarter—but the trend is unlikely to last. We expect annualized growth jumped to 4.5% from the 3.1% reported in Q1. Spending on services (particularly in the travel and Read more…
At the Federal Reserve Bank of Kansas City’s Jackson Hole Symposium, Federal Reserve Chair Jay Powell gave a much-anticipated speech titled, Monetary Policy and Price Stability. Chair Powell spoke on the state of the economy, Read more…
Mr. Powell clearly hit a hawkish note, emphasizing the importance of leaving policy tight until inflation was thoroughly licked. In our thorough Jackson Hole preview report, we outlined the case for more hawkish comments from Read more…
The US nonfarm payrolls report will take centre stage next week as speculation about the size of the Fed’s next rate hike goes into overdrive. Investors will also be keeping a close eye on the Read more…
As markets continue to price in higher natural gas and electricity prices for the coming year, the euro area looks increasingly more vulnerable and EUR/USD traded below parity to the lowest level in almost 20 Read more…
Despite a slight decline from its highest levels since 2002, around 109 range, it is just a correction, and the green king, the US dollar, will resume its rally. On both sides of the dollar’s Read more…
The 2021-2022 Great Real Estate Rush was a sight to see. With things cooling down, many homebuyers have regrets. U.S. homebuyers spent two years giving up leverage, overpaying for houses, and rushing through short cuts Read more…
EUR/USD weakens over bleak outlook The US dollar remains strong over the prospect of sustained rate hikes. The euro’s failure to defend the parity level has revealed a lack of confidence in Europe’s outlook. An Read more…
Posted by Alex Rocha – Developer Relations Engineer Manager, Ryan Ausanka-Crues – Eng Manager, Multi-device development, Stella Loh – Product Manager, Multi-device development Today we’re launching our Developer Preview of the new Cross device SDK Read more…
Car-sharing apps are offering many a not-so-insignificant source of supplementary income. While Airbnb (ABNB) – Get Airbnb Inc. Report rentals have launched many people’s side hustles into full-time careers, car-sharing apps were always designed to be Read more…