US equities, cryptocurrencies, and precious metals declined on Thursday as investors started to adjust for the upcoming interest rate hikes. The Dow Jones declined by about 170 points while the Nasdaq 100 and S&P 500 rose marginally. This sell-off was mostly a reaction to the hawkish minutes by the Federal Reserve. The argument is that […]
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Weak PMI data from Europe and the UK raise concerns about global economic outlook and sent the EUR and GBP tumbling. Escalating tensions in Russia-Ukraine and the Middle East add to market uncertainty. Upcoming PCE Read more…
Canadian Highlights Canadian inflation made headlines this week, with both overall and core inflation pushing higher in October. The Canadian consumer was also in the spotlight as retail sales surged and the Federal government announced Read more…