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Bitcoin is down again today, reaching as low as $31,300 earlier this morning, its lowest level since January. The current catalyst weighing on the cryptocurrency—which has seen another $300...
Shares of Hexo Corp (NYSE:HEXO) (TSX:HEXO) have zigzagged their way steadily downward in the last few days since the cannabis grower unveiled its latest quarterly results.The stock closed Monday at...
Financial stocks, including bank shares, have come under pressure recently. For instance, the Dow Jones Financials Index, which hit an all-time high June 7, have lost about 5% since then....
Prices of cocoa are down almost 9% on the year while futures of frozen concentrated orange juice are trading about 4% lower.Just don’t expect that bar of Kitkat or cup of hot chocolate at...
Investors left no doubt in anyone’s mind that they like bonds from the European Union as they ordered €142 billion of the first bonds in the pandemic recovery program, prompting the banks...
Gold found its footing this morning, after the precious metal last week registered its worst weekly performance in 15 months.The 6.2% lower settlement at the close of the previous week's trade puts...
US equity markets slid last week, following the Fed’s modestly-hawkish stance in response to surging inflation levels. The central bank aims to “achieve maximum employment and inflation at...
With the tapering cat out of the bag, all eyes are on what the Federal Reserve will say hereon, leaving gold’s fate pretty much in the hands of speculators who will try to second guess the...
While everyone was focused on the Federal Reserve’s bond purchases, policymakers slipped in a not-so-subtle surprise at last week’s meeting of the Federal Open Market Committee with their...
Video-streaming giant, Netflix (NASDAQ:NFLX) has been one of the strongest equity performers during the pandemic. The company and its stock benefited from the stay-at-home environment, which spurred...
Stocks on Wall Street tumbled on Friday, with the Dow and S&P 500 suffering their worst week in months as worries whether the Federal Reserve could start raising rates sooner than expected spooked...
Stocks likely to sell off more as investors adjust to a horizon with tapering Despite popular opinion, tech has been leading the rally this year Bitcoin bulls have a barrage of negative news to cut...
Interest rates and inflation are once again becoming a key focal point in markets as the economic reopening and strong growth reduce the need for continued monetary easing.In a surprising move, the...
China is the world's second-largest economy behind the US. And as recent data from the World Bank highlights, China will help fuel a large part of the globe's economic expansion: “The global...
Well, it did not get to $2,000 as I argued in my last post.But gold will still likely get a second chance at mid-$1,800s, which is quite comical from the perspective of longs who have spent half a...
European Union countries have been gradually easing restrictions to welcome vaccinated travellers from countries “with a good epidemiological situation.” Wanderlusting tourists from the US...
If the words 'hawkish' and 'Fed' seem like an incongruous pairing, check out yesterday's FOMC statement. It appears the US central bank has had a change of heart after months of insisting...