USD/CAD Little Changed after the BoC Hold
The Bank of Canada held rates at 5.0% on Wednesday, but the pair was little changed, maintaining its positive tilt ahead of the 2023 high
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The Bank of Canada held rates at 5.0% on Wednesday, but the pair was little changed, maintaining its positive tilt ahead of the 2023 high
UK-based chip designer Arm has filed for a NASDAQ listing, in one of the most anticipated IPOs in years and sees interest from tech giants for its shares
The pair slumped to 2023 lows after the Reserve Bank of Australia maintained rates at 4.1% yesterday, but catches a breath today as AU Q2 GDP came in better than expected
Watch today’s US Open for insights on the rate hold by the Australian central bank, demand for USD amidst cautious market sentiment and oil cuts extension by Saudi Arabia and Russia
The pair extends this month’s fall and threatens critical support, amidst broader USD strength and the contraction of the UK’s services sector in August
The pair returned to profits in August and hit 2023 highs last week, sustaining the upside bias after the US data dump, which reinforced market view that the Fed is done hiking
The commodity reached new year highs after forming a technical golden cross, also helped by soft US jobs data that strengthen the case for a Fed pause and improved sentiment around China’s property market
The EV king has released its revamped Model 3 with sleeker exterior and updated interior, as anticipation is also building around the long-awaited Cybertruck
Country Garden’s default warning aggravated concerns over China’s property sector, but authorities announced action to lower mortgages, helping copper prices
Watch today’s US Open for insights on the US data dump, another poor PMI from China and continued fears around the property market and more
HKG33 falls today as China’s factory activity contracted for fifth straight month and troubled property developer Country Garden warned of default, after massive H1 loss
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