Forward Guidance: September Jobs Reports to Show More Gains
Jobs will be on the radar next week as labour market reports for Canada and the US are released. We expect a 50,000 increase in headline employment in Canada and a 425,000 increase in the US. The spread of the...
Week Ahead: Central Banks, US Politics, and An Impending Energy Crisis?
With end of month and end of quarter behind us, we may see some money put to work after the Dow Jones sold off -1,516.81 points in September, the most points (not percentage) since the March 2020 selloff of -3,492.20...
Week Ahead – Central Banks Face Inflation Dilemma
A challenging period for the markets Nerves are starting to creep into the markets which will make the final months of the year very interesting. The list of downside risks for the economy and markets is growing all the time,...
Stocks are at a 70-year high as a share of household financial wealth
Tourists are lined up for taking photos by the Charging Bull Statue in the financial district of New York, on August 16, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Overall U.S. household wealth has never been this high,...
Stocks making the biggest moves midday: Merck, Moderna, United Airlines and more
Check out the companies making headlines in midday trading. Merck — Shares surged 8.4% after it announced its new antiviral pill cut the risk of death or hospitalization by 50% for Covid patients. The pharmaceutical company plans to file for emergency...
A Choppy End to the Week
A rocky start to trading on the final day of the week and first of the new quarter, but things have taken a more positive turn with Europe erasing most of its losses and Wall Street opening a little higher....
Key inflation gauge watched by the Federal Reserve hits another 30-year high
Inflation ran at a fresh 30-year high in August as supply chain disruptions and extraordinarily high demand fueled ongoing price pressures, the Commerce Department reported Friday. The core personal consumption expenditures price index, which excludes food and energy costs and...
Dollar Continues to Pare Gain, Shrugs Higher PCE Inflation
Dollar continues to pare gains in early US session as the week is coming to a close. PCE inflation data is largely ignored by the markets, while Euro also shrugs CPI. Canadian Dollar also ignores smaller than expected GDP contraction....
A budget is the first step to financial wellness. Here’s how to get started
Taiwanese ethnicity man looking at the home budget and sorting out bills using his laptop in his cozy living room SrdjanPav | E+ | Getty Images If you’re trying to get control of your finances, most financial advisors will start...
Gold Analysis: Breaks Pattern
The yellow metal has clearly broken the resistance of the channel down pattern. It occurred in a sharp four hour jump, which also passed the resistance of the 55, 100 and 200-hour simple moving averages. Eventually, the metal’s price was...
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