Canadia inflation expected to have fallen again in January Will the FOMC minutes shed any light on rate cuts? USDCAD higher but momentum remains weak It’s no surprise that it’s been a quiet start to the week, with both countries observing a bank holiday...
7 months agoUS inflation report hits gold Fewer Fed rate cuts priced into markets A loss of major technical support US inflation data finally took its toll on gold which, after holding strong above $2,000 this year, finally crumbled under the pressure of higher rat...
7 months agoOANDA Senior Market Analyst Craig Erlam joins Jonny Hart to preview the big events over the next couple of days, and discuss the latest moves in oil and bitcoin. Content is for general information purposes only. It is not investment advice or a solutio...
7 months agoOANDA Senior Market Analyst Craig Erlam joins Jonny Hart and Trader Nick to look ahead to Thursday’s US inflation release and discuss the accidental bitcoin ETF announcement by the SEC on its “compromised” X account which was expected to be followed by an...
7 months agoOANDA Senior Market Analyst Craig Erlam joins Jonny Hart and Trader Nick to discuss the recent US data, RBNZ rate decision and the latest rally in bitcoin. Content is for general information purposes only. It is not investment advice or a solution to b...
6 months agoUS President Joe Biden delivered his State of the Union address to the US Congress on 7th March. On the other side of the Pacific in China, the 21st National People's Congress held its plenum.Biden made a pitch for higher taxes and more social sector expe...
6 months agoBack in 2017, the debate around President Donald Trump’s tax cuts was a case study in how quickly a discussion around legitimate policy can descend into partisan nonsense. On one side, Republicans spouted unfounded claims that the tax cuts would pay for t...
6 months agoImagine if a Chinese company announced plans to build the biggest electric-vehicle battery factory the world had ever seen.Up to $5 billion would be spent on a single plant to manufacture more power packs every 12 months than the world produced last year....
6 months agoEven after a record $200 billion dealmaking frenzy last year, US oil and gas producers haven’t consolidated nearly enough. On a-per-barrel basis, there are still too many companies, too many chief executives, and too many drilling rigs wooing a limited po...
6 months agoA few years before going down in flames and infamy, the Deepwater Horizon semi-submersible oil rig made a sensational discovery.In August 2006, the craft — which was on a mission for the UK petroleum giant BP Plc — was drilling in the bottom of the Gulf o...
5 months agoIndia may have a lower tax base, but its tax-to-GDP is much higher compared to its peers, Sanjay Malhotra, secretary, department of revenue, ministry of finance, said at a Confederation of Indian Industry session on July 26.“The tax-to-GDP, given the leve...
2 months agoProgressive Democrats and “national conservative” Republicans are increasingly aligned on the failure of American late-stage capitalism. Real wages have been stagnant for decades, they say, even as productivity keeps going up. Economic growth is channelin...
2 months agoIndia, China and 106 other countries need to follow a 3i approach that focuses on investment, innovation and infusion of new technologies to escape the middle income trap, said World Bank in a report released on August 1.The report noted that at current p...
2 months agoTurmoil in the markets has renewed fears that the US did not escape history after all, that a hard landing — a recession — is coming. Whether this is all a blip from a rising yen or a justified reaction to an actual weakening of the US economy is still un...
2 months ago