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USDCAD little changed after interest-rate decision

USDCAD little changed after interest-rate decision

The Bank of Canada cut right by 50 basis points which was as expected. The central bank wants to keep inflation near 2%. The focus is to maintain low, stable inflation while increasing growth. The central bank lowered the CPI forecast for 2024 and 2025. Core inflation...

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Tech sector glimmers while consumer goods face headwinds

Tech sector glimmers while consumer goods face headwinds

Stock heatmap by FinViz.com Wed, 23 Oct 2024 13:46:03 GMTSector OverviewToday's stock market heatmap reveals a mixed bag of performances across various sectors. The technology sector stands out with leaders like Microsoft (MSFT) gaining 0.43%, reflecting investor...

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No comments from the Fed’s Bowman in initial remarks

No comments from the Fed’s Bowman in initial remarks

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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Canadian National Railway highlights soft macro backdrop

Canadian National Railway highlights soft macro backdrop

I've been listening to corporate conference calls closely for hints about macroeconomic weakness. Railways have great insight into the goods macroeconomy, which has been struggling since the covid boom. Some comments in the conference call yesterday highlight caution...

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