Market News

The loonie has enjoyed back-to-back days of gains against the greenback for the first time in a month, however USDCAD remains bullish above the 1.3580 handle....

US stock futures have experienced a sharp rebound, buoyed by a recovery in bank stocks and lower rate expectations. Nasdaq 100 leads followed by S&P 500 and Dow....

The 10 year Japanese government bond yield dropped below the Bank of Japan’s former cap of 0.25% as investors seek safety amid local banking stocks decline...

Headline US inflation fell to 6% from 6.4% as expected, while core inflation edged 0.1% lower to 5.5%....

Bitcoin and Ethereum have extended gains after an impressive rally on Monday, ensuing from the collapse of SVB and an injection of liquidity from US authorities....

The latest US inflation release may not have the same market effect as in the past as the global interest rate backdrop has changed post-SVB failure....

EUR/USD is eyeing the all important US CPI release while trading at a key inflection point....

The UK unemployment rate held steady while wages adjusted for inflation recorded its largest drop since the February to April 2009 period....

The US Dollar steadied after a discombobulating first few sessions following a weekend of turmoil in US banking that may have implications for the Fed rates path ahead of US CPI today....

Crude oil prices extended losses during Tuesday’s Asia-Pacific session. Market uncertainty may be pushed further if another sticky US inflation report reinvigorates Fed rate hike bets....