Carnival Corporation (CCL) is set to open well on the defensive on Wednesday’s session, dropping below the key $20.00 barrier per share despite the ge
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ACB Stock Price: Aurora Cannabis Inc. alternates gains with losses near $13.00
Shares of Aurora Cannabis Inc. (ACB) are navigating the area of Tuesday’s close in the $13.00 neighbourhood ahead of the opening bell in Wall St. In t
OPEC: Forecast for 9.07 million bpd decline in world oil demand in 2020 unchanged
The Organization of the Petroleum Exporting Countries (OPEC) announced in its monthly report that it left its forecast that world oil demand in 2020 w
USD/CHF Price Analysis: On the defensive below 200-hour SMA, bearish bias remains
The USD/CHF pair struggled to capitalize on the overnight goodish intraday bounce of around 50 pips and witnessed a modest pullback on Wednesday. Bull
US: Housing Starts Change arrives at +4.3% in May
Housing Starts in the US increased by 4.3% on a monthly basis in May following April's sharp decline of 26.4% (revised from 30.2%), the data published
Canada Consumer Price Index – Core (MoM): -0.1% (May)
Canada Consumer Price Index – Core (MoM): -0.1% (May)
Canada’s CPI slowed – Steady Loonie?
<p><strong>Canada’s CPI slowed to a -0.4% y/y rate in May</strong>, contrary to expectations for little change (median +0.1%) after the -0.2% y/y contraction in April. The CPI did expand in May on a month comparable basis, but only by 0.3% that was well short of projections (median +0.7%). Of course there was a wide range [&
FX Update – June 17 – USD, JPY & European Stocks Firm Up
<h3>USDJPY, H1</h3> <p>The Dollar and Yen nudged higher against most other currencies amid a backdrop of global stock markets that have lost upside momentum. Equity markets in both the Asia-Pacific and European regions flagged, and while S&P 500 futures were showing a 0.4% gain heading into the New York interbank open, the
BoE announcement is due tomorrow 18th June
<p><em>The economic impact of the pandemic has emerged for Great Britain, although there are a few signs of the outbreak beginning to stabilize. The record contraction in GDP, a sharp fall in inflation and weak employment indicators show that the BOE must maintain a very expansive monetary policy stance.</em></p> <p>U