Constellation Energy Corporation, ticker CEG, has become one of the most closely watched stocks linked to the artificial intelligence power demand theme. The logic is simple. AI needs data centres. Data centres need vast amounts of reliable electricity. Reliable, clean, around-the-clock electricity is becoming harder to secure. Constellation owns one of the most important nuclear power fleets in the…
Japanese markets open the week with the yen having pulled back modestly from Tuesday’s 40-year low, but the underlying pressures that drove it there remain firmly in place, keeping intervention risk on the table for the session(s) ahead. The combination of a still-weak currency, rising import costs and a fresh 30-year high in benchmark JGB yields points to a…
Royal Bank of Canada (RBC) economists Claire Fan and Nathan Janzen assess the implications of the U.S. decision not to extend CUSMA (Canada-United States-Mexico Agreement) on July 1st. They stress that the agreement still runs to 2036 with scheduled negotiations, and see outright termination as unlikely if economic logic prevails. They note reduced tariff risks, highlight Rules of Origin…
The attack lands on a route that has quietly absorbed much of the diverted flow from the Strait of Hormuz during the recent conflict, so any sign of renewed instability here carries outsized weight for freight and insurance markets even though the strait itself remains the larger price driver. Shipowners and insurers are likely to reassess war-risk premiums for…
The AUD/USD pair climbs near the 0.6940 level on Friday as the US Dollar (USD) remains under pressure following softer-than-expected United States (US) labor market data released on Thursday. The Australian Dollar (AUD) found additional support from stronger Australian Purchasing Managers Index (PMI) figures, which pointed to a mild improvement in domestic business activity. The US Dollar extended its…
Bitcoin futures have repaired from the late June lower-value zone, but the move is now stalling below the first major daily confirmation area. The short-term structure is no longer bearish while BTC holds above $61,100-$61,300, but a clean bullish takeover still needs acceptance above $62,100-$62,700. Key takeaways for Bitcoin traders and crypto investors today Current Bitcoin futures score: +2…
Societe Generale economist Kunal Kundu explains that the Reserve Bank of India’s revised Standardised Approach for credit-risk capital will tie regulatory risk weights to both borrower ratings and each agency’s historical default performance from April 2027. The reform aims to enhance risk sensitivity, align with Basel III, curb rating shopping and force banks to upgrade internal credit assessment and…
The jobs miss repriced the Fed; Wednesday’s minutes test that story. Gold and stocks sit at highs while OPEC+ barrels meet a nervous Hormuz.
Mon: BoC Business Outlook Survey (Jul), German FactoryOrders (May), Swiss Unemployment Rate (Jun), EZ Construction PMI (Jun), RetailSales (May), PPI (May), US Composite/Services PMI Finals (Jun), ISM ServicesPMI (Jun) Tue: EIA STEO (Jul), Japanese Household Spending(May), German Industrial Production (May), French Balance of Trade (May), USADP Weekly Employment Change, Balance of Trade, RCM/TIPP Economic Optimism(Jul), Canadian Balance of Trade…
West Texas Intermediate (WTI) trades around $68.65 at the time of writing on Friday, up 0.30% on the day, recovering part of its recent losses as the US Dollar (USD) weakens following softer-than-expected US employment data. Thursday’s Nonfarm Payrolls (NFP) report showed that the US economy added just 57K jobs in June, well below market expectations of 110K. The…
