Previous: On Monday, the euro/dollar rate closed down. The US dollar strengthened across the board thanks to a rise in US bond yields. Due to correctional movements and an empty economic calendar, buy...
While the broader market for Swiss stocks has risen modestly this year, one ‘entity’ has outperformed its peers by such a staggering margin, it has left bamboozled market experts struggli...
WTI Crude Oil The WTI Crude Oil market initially fell on Monday, but turned around to form a hammer as word got out that disruptions weren’t going to be as big of an issue with demand, and that of c...
AT40 = 53.0% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 51.1% of stocks are trading above their respective 200DMAsVIX = 10.7 (down 11.5%)Short-term Trading Ca...
The Canadian dollar strengthened for a fourth consecutive week against the US dollar, rising over 2% by Friday’s close. USD/CAD fell to a two-year low on Friday as price tested lows of 1.2061. Furth...
Although it only lasted from 17 August 2017 through 2 September 2017, Hurricane Harvey will have an impact on trade between the U.S. and China. The reason why has everything to do with its impact on T...
With technology having advanced in leaps and bounds, online shopping has become the order of the day. Thanks to the various mobile apps and dot.com businesses, shopping for anything is literally on co...
Several developments have attracted our attention, but the key take away is that the global capital markets have stabilized after appearing downright frightful at the end of last week, as stocks, yiel...
British people have suddenly stopped buying cars and as BI’s Jim Edwards notes, it’s not clear why. As the following chart from Barclays shows, both new- and used-car sales have collap...
Early this year the Bank of Canada was unsure about the future path of Canadian economy; accordingly, it announced no change in its rate policy all winter and spring. Suddenly, in August the Bank anno...