Markets US economic data for a third day straight surprised to the upside. Starting Monday with the US manufacturing ISM and continuing on Tuesday with the JOLTS job report, we’ve seen solid ADP employment growth (122k) and an above-consensus services ISM (54.5 from 53.6) yesterday. May business activity expanded at the second-fastest clip (57.7) in […]
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Market Overview The crypto market capitalisation has lost a further 3.5% over the past 24 hours in a sharp sell-off that began this month. During this period, the capitalisation has fallen to $2.22T, and at Read more…
Gold prices rose to 4,472 USD per troy ounce on Thursday. Despite the modest rebound, the precious metal is still attempting to recover from a weekly decline of nearly 2%. Pressure on gold continues to Read more…
Usually, rising oil prices have generally been a source of support for Canadian Dollar. This week, however, that relationship is breaking down. Despite Brent crude climbing back above $95 per barrel as US-Iran negotiations remain Read more…