Global markets are ending the week firmly in risk-on mode, but the enthusiasm is far from evenly distributed. Equity investors are aggressively embracing both AI-driven optimism and growing hopes that the United States and Iran are moving closer to a formal agreement extending the current ceasefire. Reports that negotiators have drafted a 60-day memorandum of […]
The post Stocks Celebrate Peace and AI Boom, FX Markets Stay More Cautious appeared first on ActionForex.
When I bought my current house a few years ago, we were up against several other buyers, one with an all-cash offer. Cash offers were pretty common back then. In a red-hot market, they can Read more…
Canadian Highlights Markets swung on hopes of a Middle East truce, but the outlook remains fragile. Canada’s economy has stalled out over the past two quarters, with weak domestic demand and patchy investment pointing to Read more…
The focus next week is Friday’s U.S. employment report, where we look for May nonfarm payrolls to rise by 105K and the unemployment rate to edge up to 4.4%. Taken together, the report should leave Read more…