The US dollar moved higher against the Canadian dollar on Wednesday as renewed uncertainty surrounding North American trade relations weighed on the Canadian currency. Reports suggesting potential changes to existing trade arrangements increased caution among investors, pushing the Canadian dollar lower while supporting demand for the US currency.At the same …

Markets jolted late Tuesday after the American Petroleum Institute reported a sharp 13.4 million-barrel build in US crude inventories for the week ending February 6, a dramatic reversal from the previous 11.1 million-barrel draw. The surprise stockpile increase immediately shifted sentiment across energy markets, reviving concerns about excess supply just …

U.S. President Donald Trump reignited the debate over interest rates, arguing that sharp rate cuts could eliminate the U.S. debt burden without the need for painful spending cuts. He said borrowing costs remain far too high and insisted that the United States should have the lowest interest rates in the …

The US Dollar steadied near the 96.80 level on Wednesday, recovering some earlier losses as traders positioned themselves ahead of critical economic reports. Attention is squarely on the upcoming January Nonfarm Payrolls (NFP), scheduled for release later today, and the January Consumer Price Index (CPI) expected on Friday. These figures …

Ferrari (RACE) closed 2025 with over EUR 7.1 billion in revenue and an EBIT of more than EUR 2.1 billion, marking a record financial year. Industrial free cash flow exceeded EUR 1.5 billion, supporting a 30% rise in shareholder payouts through dividends and buybacks. Despite this, core car sales remained …

U.S. retail sales for December came in below expectations, reigniting concerns about the strength of consumer spending in the world’s largest economy. The disappointment was notable given the typically strong holiday season, signaling a possible slowdown in demand at the start of the year.Fed Policy Back in FocusWeaker retail data …

Federal Reserve Bank of Cleveland President Beth Hammack said the Fed is in a strong position to monitor the economy, noting that inflation remains too high. She indicated that interest rates could stay on hold for some time, with the current target rate close to neutral.Hammack highlighted that Fed policy, …

Global markets are entering a decisive moment as investors shift their full attention to the upcoming US Nonfarm Payrolls (NFP) report, widely seen as the most important catalyst for near-term price action across gold, the US dollar, and equities. With positioning stretched and expectations finely balanced, the labor data could …

The euro area ended last year on a stronger footing than many had expected, showing resilience despite a challenging global backdrop. Economic activity remained steady, while inflation pressures continued to ease, reinforcing confidence that the region is navigating a controlled slowdown rather than a sharp downturn.A Strong Finish to the …

Hedge funds are increasingly taking bold short positions on US stocks, signaling growing anxiety over the disruptive impact of artificial intelligence on traditional business models. Last week saw record-level short selling, with hedge funds selling more than twice the amount they bought, reflecting widespread caution in the market. Concerns intensified …