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The closely-watched Conference Board’s consumer confidence index report will be released today. Unsurprisingly, the median estimates of economists polled forecast that consumer confidence will ease in the month of June. Still, despite…
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On Friday, peripheral bond yields in Europe took a turn for the worse (that is, they rose). This came after several prominent analysts pointed to private rhetoric by officials in Rome to say "arrivederci" to the EU. This isn't a new…
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The US dollar continued its descent as the index fell for three consecutive days. The declines came about amid the quadruple witching on Friday leading to some outflows in the USD. Economic data was mixed on the day as existing home…
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The week ahead will see the GDP themes dominating the news wires amid a somewhat slow week. Various economies will be releasing their respective GDP figures this week, including the US, UK, and Canada. The RBNZ’s monetary policy…
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Gold Bulls React to Policy Guidance and Geopolitical risks Gold climbed above $1,400/oz today, perhaps for a false weekly break. It set up for the fourth weekly winning streak on the back of a dovish Fed and increasing geopolitical risks.…
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The last major data point for this week comes out later today and is Existing Home Sales from the US. As one of the most important consumer sectors in the US that is highly dependent on credit, it can give us some important insight into…
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The monthly retail sales data due for release by Statistics Canada will be a dataset to watch. Following two months of gains and weak quarterly performance, investors will be looking to the data for April. According to the median…
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Following the FOMC meeting on Wednesday and the surprise comments from the ECB’s Draghi on cutting rates further, many other central banks have shifted course. The latest is the Bank of Japan. Overshadowed by other major themes, the Bank…
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