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Month: January 2025

Cryptocurrencies

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9069; (P) 0.9087; (R1) 0.9114; More… Intraday bias in USD/CHF stays mildly on the upside for the moment. Correction from 0.9200 could have completed at 0.8964 already. Further rise should be seen Read more…

By , 1 year ago January 31, 2025
Cryptocurrencies

Dollar Unfazed by Core Inflation Uptick, Loonie Muted on GDP Contraction

Forex markets remain largely subdued today, with Canadian Dollar being the exception as volatility rises ahead of the implementation of US tariffs tomorrow. Canada is reportedly well prepared to respond with retaliatory measures on US Read more…

By , 1 year ago January 31, 2025
digital

Trump’s first round of tariffs is almost here

Electronics, avocados, vegetables, cars, tractors, crude oil — these are some of the things that could soon get more expensive for US consumers. Under President Donald Trump’s proposed plan, goods coming in from Mexico and Read more…

By , 1 year ago January 31, 2025
digital

Trump’s first round of tariffs is almost here

Electronics, avocados, vegetables, cars, tractors, crude oil — these are some of the things that could soon get more expensive for US consumers. Under President Donald Trump’s proposed plan, goods coming in from Mexico and Read more…

By , 1 year ago January 31, 2025
Cryptocurrencies

US PCE inflation rises to 2.6% in Dec, core PCE unchanged at 2.8%

In December in the US, headline PCE price index rose 0.3% mom while core PCE price index rose 0.2% mom, both matched expectations. In the 12-month period, PCE price index accelerated from 2.4% yoy to Read more…

By , 1 year ago January 31, 2025
Cryptocurrencies

Carnival Cruise Line shares important food policy

One of the most popular misconceptions about cruising is that you can’t bring any food or beverages on board, but this simply isn’t true – at least in Carnival’s case. On the beverage side, guests Read more…

By , 1 year ago January 31, 2025
digital

How DeepSeek crashed the AI party

The DeepSeek story contains multitudes. It’s a story about the stock market, whether there’s an AI bubble, and how important Nvidia has become to so many people’s financial future. It’s also a story about China, Read more…

By , 1 year ago January 31, 2025
digital

How DeepSeek crashed the AI party

The DeepSeek story contains multitudes. It’s a story about the stock market, whether there’s an AI bubble, and how important Nvidia has become to so many people’s financial future. It’s also a story about China, Read more…

By , 1 year ago January 31, 2025
Cryptocurrencies

Canada’s GDP contracts -0.2% mom in Nov, but Dec outlook improves

Canada’s economy shrank by -0.2% mom in November, marking the largest contraction since December 2023 and coming in weaker than expectations of -0.1% mom decline. The downturn was broad-based, with 13 of 20 sectors reporting Read more…

By , 1 year ago January 31, 2025
Cryptocurrencies

Fed inflation gauge upends rate cut bets heading into 2025

The Federal Reserve’s preferred inflation gauge held steady again last month, data indicated Friday, but a big jump in personal spending into the end of the year continues to suggest elevated pressures and a lack Read more…

By , 1 year ago January 31, 2025

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