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Markets Friday’s US payrolls solidified the Fed view that it can sit back and wait as the US economy is in a good place. Headline US job growth at 143k was slightly softer than expected (175k), but came with a cumulative upward revision (Nov and Dec) of 100k. The household survey also was strong. The […]

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17/04/2024

Crude Oil Price Consolidate Gains Above Key Support

Key Highlights Crude oil started a downside correction from the $87.70 level. A connecting trend line is forming with support at $84.00 on the 4-hour chart. Gold prices might aim for a fresh increase above the $2,400 resistance zone. Bitcoin price consolidated below the $65,000 resistance zone. Crude Oil Price Technical Analysis After a steady […]
21/08/2024

Could Fed Chief Powell Finally Reveal His Hand at Jackson Hole?

The Jackson Hole Symposium will be held on August 22-24 Fed Chairman Powell speaks on Friday at 14.00 GMT Markets expect a dovish tone in support of a September rate cut Fed minutes and PMI surveys to set the scene Markets are gearing up for the Jackson Hole Symposium The much talked-about Jackson Hole Symposium […]
06/01/2025

The Weekly Bottom Line: Awaiting the Changing of the Guard

Canadian Highlights Canada’s economy gained momentum in the latter half of 2024, providing a decent hand-off into the current year. We expect real GDP growth to move closer to a trend-like pace in 2025. The Bank of Canada has more rate cuts in the tank. Lower borrowing costs should continue to support household consumption and […]