Americas

Canadian asset manager 3iQ announced that it has filed a prospectus with the Ontario Securities Commission (OSC) to launch an exchange-traded product (ETP) on the Toronto Stock Exchange (TSX). If approved, the fund will be…

The week is coming to an end, as the US dollar is the strongest among the major currencies. The Japanese yen is the weakest. The dollar's gains today were supported by stronger-than-expected Purchasing Managers' Index (PMI)…

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

As the 2024 presidential race heats up, a familiar face has re-emerged on the political scene with a surprising new stance — former President Donald Trump is now presenting himself as a champion of the…

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

Markets:Gold rose $3 to $2,319The yield on US 10-year bonds fell by 7 basis points to 4.33%.West Texas Intermediate crude rose 46 cents to $82.39The Standard & Poor's 500 index rose 0.8% to a record highThe Australian dollar is…

The US jobs report came out stronger, but again there were some ambiguous/less strong elements.Nonfarm Payrolls rose 272K versus estimates of 185K. Private salaries increased by 229,000 compared to 170,000 according to estimatesAverage…

The big event this week was the core personal consumption expenditures data in the US. The Core Personal Consumption Expenditures Index is the Fed's preferred measure of inflation. Expectations were for an increase of 0.3%. The…

The US dollar rose supported by higher yields. For the third coupon auction this week, demand was less than ideal. Yesterday was the 2 and 5 year auction. Today was a 7 year note. For the trading week, the 10-year yield did not come…

US consumer confidence came in much better than expected in the US session. The index moved to 102.00 versus estimates of 95.9details:The current situation index is 143.1 compared to 142.9 previouslyExpectations Index 74.6 compared to the…