Fundamental Analysis

The BOC will hold its October policy meeting on Wednesday and announce its decision ahead of the FOMC meeting. The consensus is for another 25 bps rate cut. However, expectations about what the BOC will do have fluctuated, particularly…
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After a delay due to the US government shutdown, the US September CPI figures will be released on Friday. It's one of the few official economic data points traders can analyze this month. Without key labour data for September, this…
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Friday has the release of partial (or flash) PMI readings for several key global economies. These could provide some vital insight for a market with limited information as a consequence of the US government shutdown. However, the EU and the…
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The pound has continued its sideways trend after a week of mixed data. Traders can hope for Wednesday's release of CPI figures to shake things up. Despite slow economic growth, the UK continues to face high inflation. This makes it…
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The CAD weakened substantially over the last month, with the USDCAD rising despite the Fed's rate cut. The disparity in economic performance between the countries has been widening the divide. But if inflation forces the BOC to halt rate…
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On Monday, China will disclose its Q3 GDP figures, the first major economy to publish this important data. Markets will likely pay close attention to the data to gain better insight into the health of the global economy. As the world's…
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Crude WTI prices this week have resumed their downward trajectory, accumulating eight consecutive weeks of declines. WTI is down over 6% since last Wednesday, and even poked through the $58 per barrel level on Tuesday. At this rate, crude…
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Gold prices have continued their upward trajectory this week amid a weaker dollar and rising tensions with China. Some analysts have forecast that the yellow metal could rise to $5,000 by the end of the year. Others are increasingly worried…
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It's been a few rocky days in the markets, with forex pairs buffeted by the rapidly evolving trade situation between the US and China. The standout, of course, has been gold, which keeps setting record highs after record highs. But the…
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Cable continued lower last week amid a stronger dollar, as investors remain nervous about UK data. The hope among bulls is that the British economy will expand, providing enough fiscal room to prevent significant tax hikes. The case for the…
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