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The Canadian dollar is almost unchanged on Thursday, after sliding 0.8% a day earlier. In the European session, USD/CAD is trading at 1.3569, up 0.04%.BoC Holds Interest RatesThere were no surprises...
The legions of Optimism-20 virologists and epidemiologists were out in force overnight on Wall Street. After much academic debate based on their years of experience in the field, they came to the...
The Federal Reserve pricked the bubble of a nascent equity recovery overnight, with the FOMC leaving both rates and its forward guidance unchanged. A passing mention that it was monitoring...
Wall Street’s New Year’s resolution to eat a more plant-based diet paid dividends yesterday (sic), with investors gleefully consuming Apple's (NASDAQ:AAPL) latest results, sending its...
The rotation into haven positioning, seen in the holiday-thinned Asian markets yesterday, gathered momentum overnight. Fears about the global impact on economic growth, due to the Wuhan virus...
The sense of serious concern about the economic effects of the Wuhan virus—evident on Wall Street last Friday—has turned into something approaching panic in Asia this morning. China has...
The United States reported its first case of the Wuhan coronavirus overnight, an America First development that neither President Trump, nor U.S. financial markets wanted. With Asia on the back foot...
U.S. markets are closed today for Martin Luther King Day, and this will likely take the edge off activity in Asian markets as the week starts. That didn’t stop Wall Street setting another set of...
Markets in Asia have entered a holding pattern ahead of an expected signing by the U.S. and China of their Phase-1 trade pact later today. The morning has not been without drama, however. The U.S....
It is hard to believe that just one week ago, markets were again contemplating a potential war in the Middle East. That bullet was dodged, as both the US and Iran stepped back from the brink, albeit...
And as quickly as it began, the latest Middle East crisis was over it appears. President Trump announced that no further action was to be forthcoming from the United States as Iran’s missiles...
It's been quite a 24 hours for the leaders of the US and UK and investors are certainly getting excited about what's to come next.Boris Johnson's knockout performance in the UK election on Thursday...
It has been a night of high drama so far, with exit polls suggesting that Boris Johnson's Conservatives are on course to vanquish Labour and achieve an 86 seat majority in yesterday's UK election....
President Trump's comments that a trade deal may not happen until after the 2020 election sent stock markets into a tailspin overnight, and are spilling over into the Asia Pacific this morning. One...