Next week’s Canadian CPI report is expected to show a further acceleration to 6% in March. That would top the 5.7% February reading that was already the highest since 1991. Soaring gasoline prices are expected Read more…
U.S. Highlights Overall inflation as measured by the CPI accelerated to 8.5% year-over-year (y/y) in March, marking yet another multi-decade high. Core inflation, which excludes food and energy, ticked up a tenth of a percentage Read more…
Last week was all about central bank activity. The RBNZ hiked 50bps, the BOC hiked 50bps, and the ECB did nothing. However, as a result of the central bank activity (or inactivity in the case Read more…
The bond market selloff did not ease up heading into the long holiday weekend and traders will have to soon decide if they decide to sell in May and go away. The upcoming week is Read more…
Key Highlights USD/JPY started a fresh surge and traded above 125.00. A major bullish trend line is forming with support near 125.75 on the 4-hours chart. It traded to a new multi-year high at 126.59 Read more…
WTI prices moved mostly sideways in the past week and ended the session somewhat negative. However, a very different story unfolds so far in the current week, where Oil prices remain positive after two consecutive Read more…
The ECB left key interest rates unchanged at its May Interest Rate Policy meeting. In addition, the statement said that the ECB will continue to wind down its Quantitative Easing Program by buying 40 billion Read more…
This is Apple’s M1 Ultra, which could be getting an upgrade. | Image: Apple Apple is reportedly working on nine new Macs featuring its upcoming M2 processors, according to Bloomberg’s Mark Gurman. These rumors come Read more…
All investors make bad decisions, Real Money Columnist James ‘Rev Shark’ Deporre notes, but the best ones learn from them. No doubt, many traders and investors are having an extremely difficult time with the current Read more…