Content
Lessons To Be Learned In Property Pain
Article By:
Danielle Park, CFA
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Monday, May 29, 2023 3:30 PM EDT
The latest CMHC report notes that Canadian household debt totaled 107% of the country’s economic output at the end of 2021.
Pairs In Focus This Week - Sunday, May 28
Article By:
Christopher Lewis
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Sunday, May 28, 2023 2:40 PM EDT
The AUD/USD pair fell rather hard during the course of the week, as it was seen slicing through the 0.66 level. The market appears to have a “fade the rally” look about it on the short-term charts, as the pair may work its way down to the 0.64 level.
June 2023 Monthly
Article By:
Marc Chandler
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Sunday, May 28, 2023 11:00 AM EDT
June is a pivotal month. The US debt-ceiling political drama cast a pall over sentiment even if it did not prevent the dollar from rallying or the S&P 500 and Nasdaq from setting new highs for the year.
US Debt Ceiling Raised After White House And Republicans Reach Tentative Deal
Article By:
Invezz
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Sunday, May 28, 2023 9:00 AM EDT
After weeks of negotiating a deal to raise the debt limit to avert default, Democrats and Republicans announced a tentative deal has been reached. The plan is to put it to vote on Wednesday and one can assume the only thing left are the details.
Daily Market Outlook - Friday, May 26
Article By:
Patrick Munnelly
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Friday, May 26, 2023 6:57 AM EDT
Asian equity markets generally strengthened, taking cues from the rally in the US driven by AI technology stocks. Additionally, reports surfaced indicating progress in resolving the US debt ceiling issue.
Canadian Banks Signal The Coming Economic Downturn
Article By:
Norman Mogil
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Thursday, May 25, 2023 3:00 PM EDT
The Canadian banks registered very disappointing performance in the second quarter as profits fell by as much as 20% y/y.
TSX Earnings Scorecard 23Q1 - Thursday, May 25
Article By:
Lipper Alpha Insight
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Thursday, May 25, 2023 11:51 AM EDT
23Q1 earnings are expected to decrease by 9.3% from Q1 2022. Excluding the energy sector, the earnings growth estimate is -2.6%.
Analytical Overview Of The Main Currency Pairs - Thursday, May 25
Article By:
JustMarkets
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Thursday, May 25, 2023 9:43 AM EDT
The FOMC protocol showed that the officials are divided in their support for further rate hikes. The door to further rate hikes remains open, and the decision will depend on new data coming in.
US Futures Jump Led By Record-Breaking Surge In Nvidia
Article By:
Tyler Durden
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Thursday, May 25, 2023 9:03 AM EDT
US equity futures are higher led by tech names after blowout earnings reported by Nvidia - which as Goldman reminds us "is now #5 weight in the S&P and the poster child for “AI” Euphoria + momentum".
In this article: AEO, CCL, DY, DISH, NVDA, LDOS, NTNX, DM, LPG, SNOW, BNO, QQQ, DIA, GLD, OIL, UCO, UGA, UNG, USO, SPX, SLVR, FXE, FXA, FXB, FXC, FXY, UUP
Making Sense Of The Dollar: Understanding The Challenges To Its Global Reserve Currency Status
Article By:
Russell Investments
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Wednesday, May 24, 2023 3:30 PM EDT
A growing chorus is writing about the challenges to the U.S. dollar's role as the global reserve currency. The debate about the dollar's demise isn't new, and reminds me of the Mark Twain quip that "the reports of my death are greatly exaggerated."
RBNZ Delivers A Dovish Hike And UK Inflation Surprises To The Upside
Article By:
Marc Chandler
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Wednesday, May 24, 2023 7:26 AM EDT
Equities in the Asia Pacific region and Europe are being led lower by the sell-off in the US yesterday. All the large Asia Pacific markets fell with Hong Kong and mainland shares setting the pace.
Analytical Overview Of The Main Currency Pairs - Wednesday, May 24
Article By:
JustMarkets
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Wednesday, May 24, 2023 7:20 AM EDT
The trend on the EUR/USD currency pair on the hourly time frame is bearish. The price is forming a flat structure with elements of bearish pressure. The MACD indicator has become negative again.
Why Central Banks Forecasts Totally Missed The Surge In Inflation
Article By:
Norman Mogil
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Tuesday, May 23, 2023 4:00 PM EDT
The Bank of Canada offers an explanation.