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| The Bank of Canada is keeping the interest rate unchanged since January 2018. Although the central bank is not anticipated to raise the rate this time, it will likely do it later this year. That is why it is important to listen to the BOC report and look for hints about its future monetary policy. A hawkish sounding speech will signal an approaching rate hike. Follow the BOC’s statement at 17:00 MT time on May 30. |
In October, American wholesale inventories rallied a bit more than initially anticipated because sales went down, dropping a hint that inventory investment could potentially contribute to economic surge in the fourth quarter…
Bitcoin continues to fall, what are the reasons behind it? Find out from the Weekly CryptoNews!
The United States will release the non-farm employment change, also known as non-farm payrolls or NFP at 15:30 MT time on December 7.
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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