Atlanta Fed President Raphael Bostic said, “I penciled in six rate hikes for 2022 and two more for 2023,” “I recognize that I am toward the bottom of the distribution relative to my colleagues, but Read more…
The Canadian dollar is coming off its best week of the year, in which it gained 1.14%. The currency has posted slight gains on Monday, dropping below the 1.26 line for the first time since Read more…
Tech investors that have been patiently waiting for a decent pullback have gotten more than they bargained for thus far in 2022. With many of the former leaders in the sector facing heavy selling pressure Read more…
Gold has remained in a one-and-a-half per cent range since last Thursday. The correction from a peak of $2070 to values below $1900 caused a brief aftershock, but it was not sustained. Gold has now Read more…
Stocks are higher since the FED decision last week, so buy the rumor sell the news is what caused a turn. We see commodity currencies doing well, with more upside in view in the very Read more…
In the monthly report, Bundesbank said “significantly weaker recovery expected in the second quarter”. The effects of Russia’s attack on Ukraine are “likely to have a noticeable impact on economic activity in Germany from March”. Read more…
On Monday, 21 March, the major currency pair is trading at 1.1055. Investors couldn’t “save” the previous rising wave and the short-term prospects are looking rather uncertain. Later today, market players should pay attention to Read more…
Stocks may struggle to extend last week’s win, the strongest five-day gain since November 2020, as investors get defensive amid Russia’s intensifying attack on Ukraine. U.S. equity futures moved lower Monday, while the dollar gained Read more…
The market doesn’t recognize how much value there is in this apparel and toy retailer for young people. While investing isn’t child’s play, that doesn’t mean you can’t profit from clothing sellers aimed at the Read more…
ECB President Christine Lagarde said that Russia invasion of Ukraine will have “consequences” for growth. However, “even in the bleakest scenario, with second-round effects, with a boycott of gas and petrol and a worsening of Read more…