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A low-tolerance rba won’t yet have seen enough to move
The main domestic data this week was the September labour force release. As colleague Westpac Economist Ryan Wells noted yesterday, the data were a mi...
October 20, 2023, 2:57 pm
Broader us indices move to new session lows. nasdaq index leads the way again
The broader NASDAQ and S&P index are moving to new session lows. Investors are still concerned about geopolitical risks out of Israel going into the w...
October 20, 2023, 2:52 pm
Sunset market commentary
Markets The rejected tests of the psychologic 5% mark in the US 5-yr and 10-yr yields yesterday had their technical consequences today. In absence of ...
October 20, 2023, 2:48 pm
Gold, silver, platinum forecasts – gold pulled back from multi-month highs
Traders have started to take profits off the table after the strong rally....
October 20, 2023, 2:24 pm
S&p 500 weekly price forecast – s&p 500 has a rough week
The S&P 500 initially shot higher, but gave back gains to form a less than impressive candlestick. The ...
October 20, 2023, 2:17 pm
Eur/usd forecast – euro continues consolidating in a flag pattern
The euro initially fell a bit against the US dollar during the trading session on Friday, but then turn...
October 20, 2023, 2:11 pm
Bofa: crowded usd longs signal caution; convergence with rate differentials underway
Synopsis: BofA highlights a potential market saturation with USD long positions, as evidenced by the currency's understated response to positive US re...
October 20, 2023, 2:06 pm
Eur/usd price analysis: further advances need to clear 1.0640
In case the recovery gathers a more serious pace, the pair is expected to initially challenge the Octob...
October 20, 2023, 1:44 pm
Eli lilly planning diabetes drug trial for children six years and older: report
Eli Lilly and Co (NYSE:lly) is planning a trial of its d...
October 20, 2023, 1:01 pm
Eur/gbp: rises to new multi-month high, but may take a breather before resuming
EURGBP extends steep upleg from 0.8616 trough into sixth straight day and hit the highest in more than five months on Friday. Larger uptrend from 0.84...
October 20, 2023, 12:57 pm
Weekly market recap (16-20 october)
MondayOver the weekend we got some tentative dialling back of threats from Iran and Hezbollah as an Iranian ambassador told a journalist that “Iran�...
October 20, 2023, 12:53 pm
The cad really needs to pick up a bit more ground to have a chance of improving – scotiabank
In general terms, the CAD still looks relatively ‘cheap’ to me at the lower end of its recent trading range against the USD but the risk backdrop ...
October 20, 2023, 12:44 pm
Get yield and mitigate geopolitical risk globally with this etf
Given the current geopolitical risks swirling around emerging markets (EM), investors may want to avoid the EM assets altogether. But if yield and ris...
October 20, 2023, 12:19 pm
Canada's tallest building goes into bankruptcy, not even half-built
A cliches in real-estate is that it's usually trouble at the biggest projects that signal a bubble burs...
October 20, 2023, 12:13 pm
: merck’s keytruda shows positive results in confirmatory trial as treatment for rare form of esophageal cancer
Merck & Co. MRK said Friday a late-stage trial of its blockbuster cancer drug Keytruda plus trastuzumab, fluoropyrimidine- and platinum-containing che...
October 20, 2023, 12:13 pm
Vivos therapeutics can help you get a better sleep (really)
Better sleep is better health, period. But for many people, it's not that easy....
October 20, 2023, 12:12 pm
American express q3 earnings: ‘consumer has been exceptionally strong'
American Express Company (NYSE: AXP) is down 3.0% on Friday even though it reported better-than-expected results for its fiscal third quarter. AMEX sa...
October 20, 2023, 12:10 pm
3 kinds of helpful self-dialogue for forex traders
For forex traders, there are three general types of self-talk that we usually engage in, each of which ...
October 20, 2023, 12:09 pm
Are equities done here? dangerous middle east, treasuries, fed, interest rates
After ending a dismal September, and rallying into October, are equities done here? Seasonality? Does n...
October 20, 2023, 11:59 am
Bitcoin climbs back above $30,000 before latest grayscale ruling
Bitcoin topped $30,000 for the second time this week on growing expectations that another favorable court action raises the likelihood than an exchang...
October 20, 2023, 11:59 am