CAD/JPY recovers mildly after better than expected Canadian job data. But it’s just staying well inside consolidation pattern from 110.17. More sideway trading could still be seen. But outlook remains bullish with 96.70 support intact. Read more…
Canada employment grew 73k, or 0.4% mom, in March, slightly below expectation of 78k. The growth was driven by 93k rise in full-time jobs. Services-producing jobs rose 42k while goods-producing jobs rose 31k. Unemployment rate Read more…
Tilray reiterated guidance that has investors excited, but to reach those number Tilray needs some regulatory progress in Europe. The world of cannabis is changing rapidly. After decades of anti-marijuana restrictions and criticism, the flower is Read more…
The currency markets are in calm waters today, with one eye on the weekend. The Canadian dollar is no exception, as USD/CAD is unchanged, trading just shy of the 1.26 line. The Federal Reserve continues Read more…
Wall Street looks to extend its recent gains despite myriad risks linked to rising interest rates, looming recession and Russia’s ongoing war on Ukraine. U.S. equity futures traded higher Friday, following on from yesterday’s late-session Read more…
The stock market recovery has stalled this week despite indices ending on a positive note as investors digest the latest speak from central banks. Naturally, front and centre on this is the Fed which has Read more…
Spirit said JetBlue’s all-cash offer of $3.6 billion could be “superior” to the proposed cash-and-stock merger with low cost rival Frontier. Spirit Airlines (SAVE) – Get Spirit Airlines, Inc. Report shares edged higher Friday trading after Read more…
Goldman Sachs Will Nance argues there are too many headwinds facing Robinhood’s goal of turning a profit next year. Robinhood Markets (HOOD) – Get Robinhood Markets, Inc. Class A Report shares tumbled Friday after analysts at Read more…
We put together a round-up of one of tech’s biggest weeks ever. The founder of Tesla has had a week to remember, beginning on April 4 with his disclosure that he had taken a majority Read more…
Elon Musk, Twitter’s newest board member, will face questions from the social media group’s employees in a so-called ‘Ask Me Anything” session. Twitter (TWTR) – Get Twitter, Inc. Report shares slipped lower Friday after the social Read more…