The BOC Meeting meeting minutes are out for the April 29 meeting. International economy Middle East war increased uncertainty, pushed oil prices sharply higher, and added to global inflation pressures US economy remained relatively solid with resilient consumer spen
USD/CAD trades without a clear direction on Wednesday, hovering around 1.3700 at the time of writing, as investors balance persistent US Dollar (USD) strength against support for the Canadian Dollar (CAD) from elevated Oil prices. The pair remains close to its four-week hi
UK PM Starmer is saying: Has made it clear to allies that he will stand and fight if Wes Streeting to succeed in triggering a leadership contest. Starmer and Streeting met this morning in what was dubbed "showdown," though Streeting spent less than 20 minutes in Downing St
April Producer Price Index jumps 1.4% MoM, nearly triple forecasts, fueling concerns over persistent inflation and Fed policy. Dow Jones Industrial Average futures fell below 49,500 in early US trading Wednesday, extending losses after April’s Producer Price Index (PPI) su
British Pound falls as hot PPI, Starmer turmoil lift the US Dollar The British Pound posted losses of 0.19% in back-to-back bearish days after a red-hot US inflation report, piling pressure on UK Prime Minister Keir Starmer to resign from his job. The GBP/USD trades at 1.3
US producer inflation hits a 4-year high, lifting Treasury yields and the Dollar, while UK political turmoil pressures Sterling. The British Pound fell 0.19% against the US Dollar, extending losses for a second day as US producer inflation surged to 6% year-over-year, its
Investors favor CNY and JPY selectively, but broader APAC currencies remain under pressure amid China inflation spillover concerns. Asia-Pacific currencies outside the Korean Won and Japanese Yen remain underowned as investors seek diversification but fear inflation spillo
XAG/USD gains 2.4% as strong Asian buying offsets pressure from a stronger USD and higher Treasury yields. Silver prices climbed 2.4% to $88.65 on Wednesday, driven by robust Asian demand and geopolitical tensions. The rally persists despite a firmer US Dollar and elevated
Scotiabank strategists Shaun Osborne and Eric Theoret report EUR/USD trading softer near 1.1711, extending its recent downward drift as markets weigh US–Iran tensions and UK political risks alongside German reform uncertainty. Euro area GDP and industrial production met or
Sector Overview The stock market heatmap displays a vivid narrative across sectors with notable performances in technology and healthcare. Among the standout sectors, Semiconductors reveal a bifurcated performance Key player Nvidia (NVDA) rises by 1.73%, indicating