Canadian Dollar exhibited softness in early US session, a reaction to lower-than-expected consumer inflation readings. This development, indicative of ongoing disinflation, could bolster BoC’s confidence to maintain its current policy stance in the upcoming December Read more…
Shares of sports equipment retailer Dick’s Sporting Goods (DKS) – Get Free Report got a nice bump Tuesday after the company raised its holiday quarter expectations. The company’s stock faced an uphill climb following its previous Read more…
Nissan (NSANY) – Get Free Report Monday that in light of recent auto-union wins, it was boosting wages for its workers at its U.S. manufacturing plants. This wage boost affects roughly 9,000 U.S. workers, including technicians, Read more…
Bankruptcies help companies sort out their finances, but they also add a layer of complication. Once a company files a Chapter 11 bankruptcy petition, it puts its affairs under the scrutiny of a court. Instead of Read more…
Canada’s CPI in October showcased a slowdown, dropping from 3.8% yoy to 3.1% yoy, falling slightly below market expectation of 3.2% yoy. This deceleration in inflation is primarily attributed to a significant reduction in gasoline Read more…
EURJPY turns down after 15-year high, faces weakening bias Immediate support could develop within 160.35-161.00 region EURJPY traders engaged in some profit taking near last week’s top of 164.28, marking four negative consecutive days to Read more…
EURUSD continued to benefit from growing expectations of an end of Fed’s tightening cycle and talks about rate cuts and hit new multi-week high on Tuesday. Fresh extension higher cracked important Fibo resistance at 1.0959 Read more…
Canada inflation expected to drop to 3.2% US releases FOMC minutes The Canadian dollar continues to have a quiet week. In the European session, USD/CAD is trading at 1.3709, down 0.12%. We could see stronger Read more…
OpenAI’s dominance as an artificial intelligence leader could end following a surprising decision to cut ties with co-founder and CEO Sam Altman. The decision by OpenAI’s board of directors has drawn the ire of many Read more…
New headliner residencies on the Las Vegas Strip can generate excitement that attracts audiences from around the world. Superstar rock band U2’s residency U2/UV Achtung Baby Live at the Sphere at Sphere Entertainment’s SPHR 20,000-seat Read more…