Canada Trade Surplus With US Narrows as Tariff Fight Looms
Canada’s trade surplus with the US helped the northern nation avoid a deeper overall deficit, underscoring the importance of its biggest trading partner as President-elect Donald Trump threatens crippling tariffs.
4 hours ago
Canadian Trade Posts Eighth Consecutive Deficit
Prime Minister Trudeau has promised to increase spending in the autumn economic update to help promote economic growth.
7 hours ago
BTC/USD Breaches US$100k: Where Next?
BTC/USD (Bitcoin versus the US dollar) has made north of US$100,000 following a brief consolidation just beneath the number in the shape of a pennant pattern. Year to date, the major Crypto pair has risen by nearly 150%.
8 hours ago
Views From our High Yield Investment Boutique, NCRAM
Looking forward, the new administration is pro-growth, but also has a large “anti-establishment” influence and a fairly large appetite for change.
8 hours ago
From Rare Soft Landing to Common Bull Market
There have been just four soft landings in history — in 1968, 1985, 1995, and now, in 2024. Because soft landings are so rare, market participants don’t have a lot of data points to make bold predictions about the future. But, historically, economic growth has accelerated in the years following a soft landing. And that pattern is likely to repeat in 2025.
18 hours ago
December 5th Financial News
After the French Prime Minister was forced to step down, a petition was launched in France demanding Macron's resignation; Powell says the Fed can afford to be a little more cautious when considering cutting rates…
19 hours ago
OECD Cuts S. Korea's 2025 Growth Outlook To 2.1%
The Organization for Economic Cooperation and Development (OECD) lowered its 2025 growth outlook for the South Korean economy to 2.1 percent, Seoul's finance ministry said Wednesday.
2024-12-04
Eurozone Business Activity Declines Sharply In November, Pmi Shows
(Dec 4): Business activity across the eurozone fell sharply last month as the bloc's dominant services sector joined the manufac
2024-12-04
Stocks Related To Dpk, Ppp Leaders Surge Amid Growing Calls For Yoon’s Resignation
Rep. Lee Jae-myung, front, chairman of the main opposition Democratic Party of Korea, delivers a speech, urging President Yoon S
2024-12-04
Aud/jpy Price Forecast: Recovers After Intraday Slump To Sub-96.00 Levels, Bearish Bias Remains
AUD/JPY attracts heavy selling following the release of softer domestic GDP growth figures.
A slightly oversold RSI on the daily chart prompts intraday short covering around the cross.
Bets for an early RBA rate cut and December BoJ rate-hike expectations should cap the upside.
2024-12-04
Gbp/usd Price Forecast: Bearish Bias Remains Unchanged Below 1.2700
GBP/USD recovers to near 1.2690 in Wednesday’s early European session.
The negative view of the pair prevails below the 100-day EMA with a bearish RSI indicator.
The potential support level is located at 1.2600; the first resistance level is seen at 1.2750.
2024-12-04
Investor Reaction to South Korea's Political Crisis
South Korean shares fell on Wednesday amid the country's biggest political crisis in decades as lawmakers called for the impeachment of President Yoon Suk Yeol after he declared martial law only to reverse the move hours later.
2024-12-04
December 4th Financial News
South Korean president lifted martial law for the first time in 45 years, but then quickly ended it; France's Barnier government is on the brink of collapse due to an upcoming no-confidence vote…
2024-12-04
Asian Stocks Fall as Kospi Slides; Won Recovers: Markets Wrap
Stocks in Asia declined after South Korea’s political turmoil triggered by a brief imposition of martial law caught global investors off guard.
2024-12-04
Eur/chf: French’s Political Fiasco May Trigger A Major Bearish Breakdown
A no-confidence vote to remove French PM Barnier pushed out by the far-right National Rally party may topple the French government this week.
A current political fiasco in France has triggered an increase in the credit risk premium on longer-term French sovereign bonds.
A further uptick in French sovereign bonds’ credit risk premium may lead to a major bearish breakdown on the more risk-sensitive EUR/CHF cross pair.
2024-12-03
Opec+ Prepares For Three-month Extension Of Cuts
OPEC+ is discussing an extension of its production cuts until the end of the first quarter of 2025, Reuters has reported, citing unnamed sources from the group.
2024-12-03
