Key takeaways If a federal tax deadline falls on a weekend or legal holiday, the due date is automatically extended to the next business day. This can provide a small buffer for business owners to Read more…
Oil prices have faced challenges recently, but buying pressure prevented a drop below $80. Technical indicators suggest potential for an upward bounce, with key resistance levels to watch. Fundamental factors like Canadian wildfires, US stockpiles, Read more…
Gold price rose on Friday, as traders collected some profits from sharp fall in past two days (down nearly 3%), with strong acceleration lower on Thursday being sparked by upbeat US Q2 GDP numbers. Strong Read more…
The USD/CAD pair ended its continuous upward trend on Friday, 26 June 2024, settling around 1.3813, signalling a potential shift towards correction. The Bank of Canada decided to lower the interest rate from 4.75% p.a. Read more…
It’s hard to paint a picture of how bleak things were for the entire cruise industry during the Covid pandemic. To put things into perspective, multiple restaurant and retail chains filed for bankruptcy or went Read more…
Tesla shares bumped higher Friday, but are still on pace for a sharp weekly decline, after a key Wall Street analyst reiterated his bull case for the group with a focus on the value beyond Read more…
Check back for updates throughout the trading day U.S. equity futures rebounded firmly in early Friday trading, but are still on track for their worst week of the year, as investors looked to a key Read more…
The dollar index edged higher in Friday morning but is still holding within a choppy range that extends into sixth straight day. Long tails of daily candle of past two days and repeated closes above Read more…
The Japanese yen has hit the brakes on this week’s impressive rally. USD/JPY is trading at 154.34 in the European session, up 0.30% on the day. On Thursday, the yen climbed as much as 1.3% Read more…
The latest ECB Consumer Expectations Survey results revealed stable inflation expectations but a more negative outlook for economic growth. Median inflation expectations for the next 12 months remained unchanged at 2.8%, holding at their lowest Read more…