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Market Analysis

Euro recovers as Eurozone inflation stays firm

EUR/USD trades near the 1.1530 area during Friday's American session, consolidating after a strong rally off intraday lows. The Euro found support from resilient Eurozone inflation data, although gains remain capped as …

2 min read

Stocks Turn Mixed as Bond Yields Jump

The S&P 500 Index ($SPX) (SPY) today is down -0.02%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.24%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.17%. September E-mini S&P futures (ESU26) are down -0.02%…

8 min read

WTI Oil recovers above $83 ahead of OPEC meeting

West Texas Intermediate (WTI) US Oil trades higher on Friday, rising 0.76% to around $83.30 after staging a sharp rebound from an intraday low below $80.00. The Crude Oil has erased some of its weekly losses and is on t…

3 min read

Australian Dollar holds despite weak Chinese PMIs

AUD/USD trades around the 0.7020 area during Friday's American session. The pair remains under mild pressure as disappointing Chinese business activity data offsets stronger Australian inflation expectations, while rene…

2 min read

Bank of Canada: Strong GDP lowers cut risk – TD Securities

TD Securities’ Robert Both and Emma Lawrence note that stronger-than-expected Canadian Gross Domestic Product (GDP) data support a brighter growth outlook but do not materially change their Bank of Canada (BoC) view. Th…

1 min read

Noteworthy ETF Outflows: SHV

Looking at the chart above, SHV's low point in its 52 week range is $109.85 per share, with $110.60 as the 52 week high point — that compares with a last trade of $110.39. Comparing the most recent share price to the 20…

1 min read

Noteworthy ETF Inflows: JGRO, MA, NTRA, CIEN

Looking at the chart above, JGRO's low point in its 52 week range is $81.16 per share, with $99.73 as the 52 week high point — that compares with a last trade of $90.87. Comparing the most recent share price to the 200 …

1 min read

Noteworthy ETF Inflows: SCHG, COST, DIS, PGR

Looking at the chart above, SCHG's low point in its 52 week range is $27.96 per share, with $35.42 as the 52 week high point — that compares with a last trade of $33.72. Comparing the most recent share price to the 200 …

1 min read

Euro: Range seen around mid‑1.15s against US Dollar – Scotiabank

Scotiabank’s FX team notes EUR/USD is drifting toward 1.15 after a Fed‑driven rally, with euro area CPI broadly in line with expectations and French data briefly lifting the Euro. Rate expectations are stabilizing, with…

2 min read

Canada: Growth outpaces forecasts – RBC

Royal Bank of Canada (RBC) economists Abbey Xu and Nathan Janzen note that Canadian Gross Domestic Product (GDP) rose 0.3% in May, with an advance estimate of 0.2% for June, indicating a solid second-quarter rebound aft…

1 min read