Americas

In 2021, Bank of America’s equivalent of the North American air defence system started flashing warning lights. “Norad”, as Glass, the bank’s market analytics platform trained to predict volatility is nicknamed internally, was pointing to a…

The year is working to an end, but before markets slow to a trickle next week, there was one more key economic release today. The headline and core PCE data - the favored inflation quide for the Fed - was released at 8:30 AM ET, and it…

Markets:Gold up $15 to $2043US 10-year yields flat at 3.89%WTI crude down 23-cents to $73.98S&P 500 up 0.9%AUD leads, USD lagsThe late-year slide in the US dollar continued again on Thursday. One of the catalysts was the softness in…

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,…

Crypto industry experts have been discussing Tether and its potential to become the dollar-pegged defacto central bank digital currency of the world. The comments come in response to Cantor Fitzgerald CEO Howard Lutnick,…

The North American session was void of any key economic data although US employment trends did dip to 113.05 from 114.16. A new Fed survey of your head inflation dipped to 3.4% from 3.6% prior. Recall the Michigan consumer sentiment…

Markets:Gold down $26 to $2002WTI crude up $1.82 to $71.16US 10-year yields up 10.6 bps to 4.23%S&P 500 up 0.5% to a 52-week highCAD leads, NZD lagsIt's often said that even if you knew the results of the non-farm payrolls report ahead…

Markets:S&P 500 up 27 points, or 0.6%, to 4603Gold up $35 to $2071WTI crude oil down $1.70 to $74.26US 10-year yields down 13.3 bps to 4.56%AUD leads, EUR lagsWelcome to the new month, same as the old month.The mood was to buy…

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,…

The CAD is ending the day as the strongest of the major currencies while the USD is the weakest. The USDCAD is the biggest mover in trading todayCanada retail sales came in much stronger than expected with a gain of 0.6% for the month. That…