Bank of Canada Stayed on the Sidelines for Second Straight Meeting
The BoC kept rates at 5% for second straight month, helped by the recent moderation in inflation and USD/CAD reacted higher, but policymakers remain concerned around slow progress
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The BoC kept rates at 5% for second straight month, helped by the recent moderation in inflation and USD/CAD reacted higher, but policymakers remain concerned around slow progress
The two tech giants at the forefront of artificial intelligence reported strong results on Tuesday, but Microsoft saw an acceleration in cloud revenue due to AI, as Google appears to lag in monetization
Watch today’s US Open for insights on the US yield moderation, the oil industry’s M&A activity, incoming earnings from tech giants like Meta and more
Treasury yields are pulling back from their multi-year highs and the index finds some reprieve, turning now to earnings from tech giants like Meta and a series of high-impact economic releases
US oil and gas giant Chevron announced its plans to acquire Hess Corporation, in another sign of the consolidation in the energy industry, just days after ExxonMobil’s deal to buy Pioneer Natural Resources
Tech giants at the forefront of Artificial Intelligence dominate this week’s calendar, with Microsoft, Alphabet, Meta and Amazon reporting
The pair starts an event-packed week in a cautious mood, as markets gear up for Thursday’s pivotal rate decision by the European Central Bank and Friday’s US PCE inflation update
The index heads to a losing week due to elevated bond yields, Mr Powell’s speech where he kept the door open to more hikes and Tesla’s poor results that outweighed the strong report by Netflix
The social media giant announces its latest quarterly results on October 25, running an impressive year, with improved financials and an acceleration in its Artificial Intelligence capabilities
Watch today’s US Open for insights on the strong Q3 results from Netflix and the disappointing report from Tesla, UK’s sticky inflation and more
The Middle East conflict has boosted USOil, but the commodity comes under pressure today, after the US lifted sanctions on Venezuelan oil
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