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Cad narrows to 0.2 per cent of gdp in q4 fy23 on lower trade deficit, higher services exports
The sequential decline was mainly on account of a moderation in the trade deficit to USD 52.6 billion from USD 71.3 billion in the preceding quarter, ...
June 27, 2023, 1:32 pm
3 growth stocks to target triple-digit returns in 2023
High growth stocks have had a moment in the sun over the past decade fueled by cheap money, a strong economy and eager investors. The pandemic set the...
June 27, 2023, 12:49 pm
Will ibm's ai investments actually pay off?
IBM's transition toward AI and cloud began nearly a decade ago, shaping its present-day business model. The rise of generative AI, led by ChatGPT, off...
June 27, 2023, 12:31 pm
Acadia unveils new solution for automated trade settlements
Acadia has launched a new solution to enhance settlement efficiency and reduce process failures. The London Stock Exchange-owned firm said the new ser...
June 27, 2023, 12:23 pm
Japanese yen weakens further: usd/jpy, gbp/jpy, and cad/jpy latest
Japanese officials are voicing their concerns over the latest bout of JPY weakness, but will jaw-boning be enough to stop the Japanese Yen from fallin...
June 27, 2023, 12:14 pm
Drugmaker gsk is becoming a healthier value stock
Like most stocks during the dot-com bubble, GSK PLC NYSE: GSK partied like it was 1999. In the two decades since, missteps and competitive pressures...
June 27, 2023, 11:44 am
India’s cad current account deficit shrinks to 0.2% in q4fy23 as trade gap narrows: rbi
As per various analysts, the shrinking of India’s current account deficit was on account of a trade deficit of $ 265.3 billion as against $ 188.5 bi...
June 27, 2023, 11:29 am
Cad narrows to 0.2 pc of gdp in q4 fy23: rbi data
Mumbai, Jun 27 (PTI) India’s current account deficit (CAD) narrowed to USD 1.3 billion or 0.2 per cent of GDP in the January-March quarter of FY23, ...
June 27, 2023, 11:14 am
Usd/cad price analysis: struggling ahead of canada’s cpi data
The Canadian dollar traded near a nine-month high against the US dollar. Oil rose due to potential supply disruptions intensified by political instabi...
June 27, 2023, 11:13 am
Usd/cad: loonie may not fall out of markets’ favours just yet as boc will go for another hike in july – ing
Today’s inflation data in Canada will be key to driving market expectations for the BoC’s July decision. Economists at ING analyze...
June 27, 2023, 10:44 am
India cad live updates: india’s cad declines to $1.3 bn in q4fy23 from $16.8 bn in q3
After Wagner’s aborted mutiny, Russian President Vladimir Putin on Monday warned that any attempt at “blackmail or internal turmoil” in Russia w...
June 27, 2023, 10:44 am
Usdcad technical analysis - waiting for the cpi
Over the past week, many central bank speakers have shared their perspectives. The prevailing consensus remains unchanged: a wait-and-see approach is ...
June 27, 2023, 10:38 am
India’s cad shrinks in q4fy23, boosted by trade gap moderation and services exports
India’s current account deficit for the January to March quarter significantly decreased, primarily driven by a reduction in the trade gap and an up...
June 27, 2023, 10:29 am
Goldman sachs looks interesting, yielding 3.18%, going into the second half of 2023
Goldman Sachs shares have declined by 25.01% since August 2021 and are currently trading at a 3.19% premium to book value and 9.81 times 2023 projecte...
June 27, 2023, 9:00 am
These divergent predictions pose a big challenge for oil stocks
The IEA expects oil demand to peak by the end of this decade. OPEC sees oil demand growing through 2045....
June 27, 2023, 8:47 am
Canadian dollar rally stalls but usd/cad tipped to reach “upper 1.29s in next few weeks”
Foreign exchange analysts at Scotiabank offer a cautious but overall optimistic outlook on the Canadian Dollar (CAD) in his recent analysis. He notes ...
June 27, 2023, 8:29 am
Usdcad analysis: low of the year
USD/CAD fell below 1.3130 this morning, a level not seen since September 2022. The strength of the Canadian dollar can be justified, among other thing...
June 27, 2023, 8:24 am
Fx play of the day: cad/jpy wedge breakout soon?
Who’s ready to trade Canada’s CPI release later today? If you’re hoping to catch a breakout, this wedge pattern on...
June 27, 2023, 7:46 am
Usdcad daily analysis – june 27, 2023
The USDCAD pair has shown persistent weakness, breaking below the previous low of 1.3138 and extending its downside move from 1.3654 to reach as low a...
June 27, 2023, 7:39 am
Usd/cad analysis: seems vulnerable near ytd low, canadian cpi and us macro data in focus
USD/CAD remains under bearish pressure for the second straight day and hits a fresh YTD low. An uptick in Crude Oil prices underpins the Loonie and we...
June 27, 2023, 7:14 am