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Tag: Canada

FX Tensions Rise

FX Tensions Rise Today’s market analysis on behalf of Michael Brown Senior Research Strategist at Pepperstone DIGEST – Stocks trod water yesterday though trade in the FX space was choppy amid concern that valuations are the Trump Admin’s next focus. Today, a deluge of US economic data awaits. WHERE WE STAND – It’s time to talk about currency valuations. I appreciate that might not sound like the most exciting subject...

Gold Eased As Optimism Dampens Safe-Haven Demand

Gold Eased As Optimism Dampens Safe-Haven Demand Today's markets analysis on behalf of Konstantinos Chrysikos Head of Customer Relationship Management at Kudotrade Gold prices slipped on Wednesday, giving back gains from the previous session, as traders consider geopolitical and trade developments. Trump’s Middle East visit could help reduce geopolitical concerns as he announces lifting sanctions in Syria. Hopes of positive developments in Eastern Europe could also...
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Gold Faces Pressure as Trump Unveils Aggressive Trade Policies

Gold Faces Pressure as Trump Unveils Aggressive Trade Policies by Samer Hasn, Senior Market Analyst at XS.com Gold is up slightly today by 0.2%, reclaiming the $2,640...

Market Thoughts – A Trip Along The Path Of Least Resistance

Market Thoughts – A Trip Along The Path Of Least Resistance Today’s market analysis on behalf of Michael Brown Senior Research Strategist at Pepperstone  Digest – Stocks notched fresh...

The US has nearly 22 million millionaires, surpassing China, France, Japan, and Germany combined by 50%

The US has nearly 22 million millionaires, surpassing China, France, Japan, and Germany combined by 50% The number of millionaires has skyrocketed over the past...

New Fund for Pandemic Prevention, Preparedness and Response Formally Established

New Fund for Pandemic Prevention, Preparedness and Response Formally Established The new financial intermediary fund (FIF) for pandemic prevention, preparedness, and response (PPR) was officially established by...

Unemployment rate in the OECD area falls further to 5.5% in November 2021

Unemployment rate in the OECD area falls further to 5.5% in November 2021 The monthly unemployment rate in the OECD area fell to 5.5% in November 2021,...

Global academics and young people bring first Riyadh Philosophy Conference to a close

Global academics and young people bring first Riyadh Philosophy Conference to a close The inaugural Riyadh Philosophy Conference closed today after three days in which...

Pre-Cyber Monday Digital Sales Up 18% Despite Higher Prices, Smaller Discounts, and Fewer Products

Pre-Cyber Monday Digital Sales Up 18% Despite Higher Prices, Smaller Discounts, and Fewer Products Early holiday shopping is driving an increase in digital sales this...

Almost 25% of UK’s internet users own smart home devices, double the global average

Almost 25% of UK’s internet users own smart home devices, double the global average Smart home devices continue to appeal to consumers globally as they...

Global shale industry on a recovery path after 8.1% production decline in 2020

Global shale industry on a recovery path after 8.1% production decline in 2020 Global shale production has taken a drastic hit in 2020, where shale...

US drives North America’s refining industry to reach 25.8 mmbd by 2024

US drives North America’s refining industry to reach 25.8 mmbd by 2024 The US is expected to lead the refining industry in North America, pushing...