The Weekly Bottom Line: Recovery Risks Stalling Out as Pandemic Worsens
U.S. Highlights A tug of war between encouraging vaccine news and hopes of new economic stimulus, and early...
Forward Guidance: Near-Term Canada-US Growth Trends Diverging?
The US will almost certainly report an unprecedented decline in Q2 GDP in the week ahead – we...
Week Ahead: Earnings Galore
10% of companies in the S&P 500 will release earnings this week. Big tech names, such as AAPL,...
Week Ahead – Fed Meets as Virus Storm Worsens; US and Eurozone Set for Historic GDP Collapse
As US politicians squabble over the next fiscal stimulus bill and the country’s virus death toll ticks up...
USD/CAD Steady ahead of Manufacturing PMI
It has been a sleepy Friday for USD/CAD. Currently, the pair is trading at 1.3425, down 0.13% on...
Asia Morning: Tech Shares Lead US Market Sell-off
On Thursday, U.S. stocks encountered a sell-off. The Dow Jones Industrial Average fell 353 points (-1.31%) to 26652,...
European PMIs: More Good News for the Euro?
With the EU recovery fund deal now in the rear-view mirror, euro traders will turn their sights to...
Stock Rally Despite Mixed Corporate Earnings
US stocks have returned to growth after a wobbling session on Wednesday. During the turbulent session, investors focused...
EUR/USD Hits 21-mth High on Summit Success
The euro continues to make inroads against the US dollar. EUR/USD gained 1.1% last week and has added...
US-China Tensions Resurface Putting A Wrench To Recent Risk-On Sentiment
Notes/Observations Geopolitical Tensions simmer after China stated the US ordered it to close its consulate in Houston citing...
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