Upcoming News » 10:30pm Employment Change - CAD » 10:30pm Trade Balance - CAD » 10:30pm Unemployment Rate - CAD » 10:30pm Average Hourly Earnings - USD » 10:30pm Non-Farm Employment Change - USD » 10:30pm Unemployment Rate - USD The BOE delivered on market expectations overnight with a rate cut to historic lows of .25%. Even though ...
After being under a tremendous amount of pressure over the five past years, commodities, represented by the Bloomberg Commodity Index, finally started to show signs of relief when they rallied by some 11% (measured from close to close) over the past three months. (more…)...
It was only one month ago when oil was the most hated commodity in the market. Analysts were pessimistic and forecasts for oil with a $10 handle were circulating in the financial media. However, against all odds, oil suddenly managed to hold losses and surprisingly recovered by some 53% from a 12-year low in February. Given this sudden and strong c...
From geopolitical unrest to trigger happy central bankers cranking up the printing presses (quantitative easing), it’s apparent why market participants turn towards the natural safe haven qualities of physical precious metals when the chips are down. While metals such as Gold and Silver are currently valued decidedly south of the heady highs in 2...