The USD/CAD pair fades bounce off 10-DMA as markets brace for monthly jobs report. Hawkish hopes from the BOC, previous rally in oil prices favor bears.Russia-Ukraine tussles, firmer US Treasury yields challenge further downside. Canadian employment data may provide another reason for the BOC to extend its rate-hike trajectory.USD/CAD remains …
Read More »Dow Jones Pulls Back From Record High as Tech Selloff and Rising Oil Prices Rattle Markets
The Dow Jones Industrial Average briefly reached a new all-time high on Tuesday before giving up its…
Gold Rebounds as Central Bank Buying Strengthens Long-Term Support
Gold prices recovered on Tuesday after an early decline, with the precious metal regaining momentum …
AI Chip Rally Returns as Oil Prices Retreat: Can the Technology Boom Keep Driving Global Markets?
Semiconductor Stocks Regain Momentum After a Brief PullbackTechnology shares bounced back strongly a…
Japanese Yen Slides Toward 40-Year Lows as Markets Doubt Immediate Government Action
The Japanese Yen came under renewed selling pressure at the start of the week, pushing the US Dollar…
A New Trading Week: Why Are Markets on Edge?
The trading week of July 6–10, 2026 is shaping up to be one of the most complex of the summer, combi…
June ISM Services PMI Points to Cooling Business Activity in the US
The US services sector continued to expand in June, although growth eased slightly from the previous…
Dollar’s Cautious Climb Signals Bigger Moves Ahead as Fed Decision Looms
The US dollar is edging higher today, posting modest gains that reflect a mood of cautious optimism …
Oil Prices Rise as Weak US Jobs Data and Middle East Tensions Boost Market Sentiment
Crude Oil Rebounds as Dollar WeakensOil prices moved higher on Friday, recovering part of their rece…
Euro Struggles to Build Momentum as Markets Reassess Fed and ECB Rate Outlook
The euro posted modest gains against the US dollar on Friday but struggled to extend its advance as …
Market Analysis
March, 2022
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11 March 2022 3:00 am
Yellen Expects US Inflation To Remain High This Year
US Treasury sec Janet Yellen says it is likely to see inflation stay uncomfortably high this year.Key Comments ”Don’t want to make inflation predictions for H2 2022.”“I think that the labour market will remain strong,” Yellen said in a CNBC interview.“I think it’s appropriate for them to take action, but …
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11 March 2022 2:18 am
Russia Could Seize Assets Left Behind By Western Companies
Russia said it could seize the assets of Western companies that have suspended operations in the country. In total, hundreds of American, European and Japanese companies from almost every sector of the economy have abandoned joint ventures, factories, stores and offices in the last two weeks in response to Russia’s …
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11 March 2022 1:13 am
Natural Gas Trade Sideways Ahead Of Weather-Based Demand
Natural gas prices held in a narrow range Wednesday, flipping between modest gains and losses as traders balanced global supply worries amid the war in Ukraine against the prospect of fading domestic demand.The April Nymex gas futures contract ultimately shed a tenth of a cent day/day and closed at $4.526/MMBtu. …
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11 March 2022 12:35 am
Goldman Sachs Becomes First Wall Street Bank to Leave Russia
Goldman Sachs said Thursday (Feb. 10) it has suspended its business in Russia, becoming the first major US banking group to leave that country after its war with Ukraine, and increasing pressure on its rivals to follow suit. Operating in Russia has become increasingly difficult for Western financial institutions with …
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11 March 2022 12:32 am
YouTube and Google Play suspend payment services in Russia
Alphabet-owned Google’s YouTube and Google Play have suspended all payment services in Russia, including subscriptions, after Western sanctions began posing banking challenges in the country. Google will also temporarily stop ads from advertisers in Russia across its worldwide domains and networks. This comes on top of the company’s recent suspension …
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10 March 2022 9:45 pm
Will Oil Prices React To Putin’s Comments?
Russian President Vladimir Putin said to ministers that Russia is at the moment adhering to its obligations on energy exports, noting that it is surprising that “we are doing this”. Regarding the US ban on Russian oil imports, Putin noted that inflation in the US is surging and the West …
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10 March 2022 8:56 pm
Danske Bank: ECB Could Raise Rate Hike Likely In July Or December
The European Central Bank at today’s meeting moved mostly in line with market expectations.Analysts at Danske Bank point out the ECB delivered according to their expectations by announcing an end date to the APP, formally ending the PEPP, removing the ‘or lower’ from the forward rate guidance, and extending the …
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10 March 2022 8:49 pm
Wells Fargo: US February’s CPI Presented No Surprises
Data released on Thursday showed inflation in the US reached in February the highest level since 1982. Although the magnitude and drivers were largely as expected, inflation continues to rage at a pace deeply unsettling for consumers and policymakers alike, explained analysts at Wells Fargo. Key Quotes: “For the first …
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10 March 2022 7:49 pm
US Shares Pull back Amid Disappointing Russia-Ukraine talks, Hot US CPI Data
US equity indices have pulled back on Thursday as Wednesday’s exuberance is pared following limited progress in Russia/Ukraine talks.The S&P 500 fell 0.7% with traders also focused on another rise in the YoY rate of US CPI.US equity indices have broadly reversed lower on Thursday in tandem with their global …
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10 March 2022 7:20 pm
Gold Gets Prepared To Resume Advance
Gold Price is looking for direction at around $2,000 amid multiple first-tier events.The ECB has announced hawkish measures, and has expressed concerns about the ongoing Eastern Europe conflict.Skyrocketing US inflation reached yet another multi-decade high in February.The Gold Index is little changed post-Wall Street’s opening, hovering just above the $2,000 …
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10 March 2022 6:34 pm
Could A Digital US Dollar Compete With Crypto Assets?
President Biden ordered federal agencies to study implications of government-backed digital currency The Federal Reserve is trying to figure out how to keep cash relevant in a cashless world. It is considering digitizing the US dollar, giving people money they can access on their phone and bypassing electronic payments that …
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10 March 2022 5:45 pm
Gold Rises as Investors Follow Talks Between Russia And Ukraine
Gold strengthened on Thursday after a sharp decline in the previous session as concerns about the Russia-Ukraine crisis persisted after the lack of progress in talks between the two sides, while also likely to affect important US inflation data. Spot gold rose 0.2 percent to $1,996.09 an ounce, after falling …
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