The competition in the market for ultra-luxurious electric vehicles is likely to get fierce, particularly between Lucid and Tesla. The market for ultra-luxurious electric vehicles is about to reflect a fierce rivalry. After having this Read more…
The Japanese yen has been demolished lately, thanks to the Bank of Japan’s reluctance to join the global tightening party. There are growing whispers that Japanese authorities are about to intervene in the FX market, Read more…
US stocks are edging higher after PPI jumps to 11.2% YoY and JP Morgan sees profits fall US futures Dow futures -0.1 % at 34185 S&P futures + 0.01% at 4396 Nasdaq futures +0.1% at Read more…
Spot gold extends advance into a fifth straight day and hit the highest in four weeks on Wednesday. Fresh strength emerges above the month-long range, signaling that metal’s price is establishing in a fresh direction, Read more…
Markets We’ve started the day with UK March inflation numbers spiking to a 30-yr high of 7% Y/Y, with the peak not yet in place. The unexpected fresh acceleration strengthens market thinking that the Bank Read more…
Whether you’re investing for short or long-term goals, understanding your tax liability from gains and losses can inform better investment decisions. Tax liability from investments can typically be divided into two categories – realized and Read more…
BoC raises overnight rate by 50bps to 1.00% as widely expected. The Bank Rate and deposit rate are increased to 1.25% and 1.00% respectively. Additionally, BoC announced to end the asset reinvestment phase and starts Read more…
The Bank of Canada today increased its target for the overnight rate to 1%, with the Bank Rate at 1¼% and the deposit rate at 1%. The Bank is also ending reinvestment and will begin Read more…
Daily Pivots: (S1) 1.0797; (P) 1.0850 (R1) 1.0880; More… Focus stays on 1.0805 low in EUR/USD. Decisive break there will resume larger down trend to 61.8% projection of 1.1494 to 1.0805 from 1.1184 at 1.0758, Read more…
Daily Pivots: (S1) 1.2979; (P) 1.3017; (R1) 1.3039; More… GBP/USD’s fall resumes after brief consolidation. Intraday bias is back on the downside. Current down trend should target 61.8% projection of 1.3641 to 1.2999 from 1.3297 Read more…