Americas

As the week comes to a close, the Canadian dollar ends the day as the strongest among the major currencies. The Swiss franc is the weakest. The US dollar was mostly lower with modest gains against the Japanese yen and Swiss franc. The…

President Trump, in a press statement published on his personal page website He announced this afternoon that his campaign to win back the White House will begin accepting donations using Bitcoin.BREAKING: 🇺🇸 Donald Trump is now officially…

The American pop icon filled an empty space that the world never knew existed with her soulful music. Although her songs are poignant, Swift is also an economic force. Her Eras tour, which launched last year in the wake of the…

The British pound ended the US session as the strongest of the major currencies today. The Swiss franc is the weakest. The US dollar ended the day mixed with gains against the Japanese yen and Swiss franc and losses against the British…

US CPI, retail sales and New York manufacturing data combined with the CPI falling 0.3%, retail sales showed no gains during the month and New York manufacturing had a weaker day. All of this gave the green light to risky assets as yields…

US Producer Price Index for April +2.2% y/y vs. +2.2% expectedPowell: The labor market is as tight as it was before the pandemic in 2019US credit card balances rose 13.1% year over year in the first quarterWinch from the European Central…

As the New York session came to a close to start the new trading week, the markets were highlighted by the first tweets in 3 years from meme king Roaring Kitty. His tweets sent Gamestop shares soaring 74.40% to $30.45 (from $17.46 at…

The US session was further influenced by preliminary consumer confidence data released by the University of Michigan which showed a sharp drop in the confidence index to 67.4 from 76.0. Expectations also fell sharply to 66.5 from 75.0, and…

The American session was devoid of any American data today. The only economic report was the Ivey PMI from Canada, which came in stronger than expected. Despite the gains, the Canadian dollar weakened and was one of the weakest major…

It was a quiet day on the economic events front with only April 'employment trends' on the economic calendar. This index fell to its lowest level since May 2021, but the market largely ignored it. There were two Fed officials…