Americas

Last week, CVS Health CEO Karen Lynch was ousted from the role that had made her the most powerful woman in American business for years, at the top of a company with 2023 revenues of $358 billion. The company's poor financial performance…

Markets:Gold rose $26 to $2,655The yield on US 10-year bonds fell by one basis point to 4.08%.West Texas Intermediate crude fell 30 cents to $75.56The New Zealand dollar advances, and the Japanese yen lagsThe S&P 500 rose 0.7%, reaching…

The Reserve Bank of New Zealand cut interest rates by 50 basis points causing the New Zealand dollar to fall against all major currencies. The largest decline was against the US dollar by -1.32%, and the US dollar was the strongest among…

High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before…

The US September jobs report beat expectations today, with non-farm payrolls rising by 254,000 compared to expectations of 140,000. The unemployment rate decreased slightly to 4.1%, approaching 4.0%, and the participation rate stabilized at…

High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before…

Today's economic data focused on Canada where retail sales rose by a stronger-than-expected 0.9% but prices were lower than forecast.In the US, two days after the Federal Open Market Committee cut interest rates by 50 basis points, Waller,…

The Fed started its easing cycle by cutting interest rates by 50 basis points. The Fed has “reset” its monetary policy stance away from a period when inflation was high and employment was low. Now the baseline is that inflation is stable,…

The Nasdaq and S&P ended the week with five straight days of gains.As the day and week draw to a close, the Japanese Yen ended the day as the strongest of the major currencies and the New Zealand Dollar was the weakest. The US Dollar…

Markets:Gold falls $20 to $2,496The 10-year US Treasury yield fell 1.4 basis points to 3.72%, and the 2-year Treasury yield fell 9.3 basis points to 3.65%.West Texas Intermediate crude oil fell $1.07 to $68.08 a barrel.S&P 500 down…