Scotiabank strategists note GBP stability at 1.33 as UK lending data and BoE rate expectations support the currency before Thursday’s policy meeting. The British pound remains range-bound at 1.33 against the US dollar, supported by stronger UK lending data and stabilizing
As the European and London traders head toward the close, stocks have moved lower, yield are higher and so is are oil prices. The markets are anxious about the Fed with the chance of a hike up to about 35% as Fed Chair Warsh (and the Fed voters) ponder the "for" and "again
Scotiabank strategists Shaun Osborne and Eric Theoret note that EUR/USD is consolidating within a very tight range in the mid-to-upper 1.13s. Stable European Central Bank (ECB) rate expectations and supportive yield spreads are helping limit downside pressure, while increa
Major chip and AI stocks fall over 2%, underperforming broader tech indices as recent gains unwind. Semiconductor and AI stocks declined sharply, with most names dropping over 2% in today’s session. The sell-off erases recent gains, as the sector had significantly outpaced
Markets price a 35% chance of a Fed rate hike, with a hold expected but guidance on September key for dollar support. The Federal Reserve is poised to hold rates steady today, though futures indicate a 35% probability of a hike. The decision is finely balanced, with market
Quick service restaurant (QSR) chain Church's Texas Chicken has received equity investment from private credit asset manager Golub Capital. Financial details of the investment have not been disclosed The company said the fresh capital will support the next phase of
Investors await the Fed’s policy announcement, with a 33.7% chance of a 25-basis-point hike priced in, keeping USD/JPY near multi-decade highs. USD/JPY remains steady at 163.80, virtually unchanged as traders adopt a cautious stance before the Federal Reserve’s monetary po
Scotiabank strategists Shaun Osborne and Eric Theoret describe USD/CAD as broadly stable around 1.41, with Canadian Dollar (CAD) performance driven mainly by front‑end rate differentials despite support from stronger Oil prices. They expect the Fed to remain on hold, which
Boardwalk Real Estate Investment Trust (BEI.UN:CA) declares CAD 0.15/share monthly dividend, in line with previous. - Payable Oct. 15; for shareholders of record Sept. 30; ex-div Sept. 30. - Payable Nov. 16; for shareholders of record Oct. 30; ex-div Oct. 30. - Payable
AUD/USD trades 0.4% lower near the 0.6945 area on Wednesday, extending its recent decline as the Australian Dollar (AUD) weakens following softer-than-expected domestic inflation data. Australia’s Consumer Price Index (CPI) declined 0.1% MoM in June, compared with expectat
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