Though the U.S. NFP report is likely to hog the spotlight on Friday, Canada’s upcoming employment release could still trigger some volatility for Loonie pairs. Are there any surprises to look out for? Here’s what to watch in this top-tier economic catalyst.
Inflation is still too high Will do what is considered necessary to achieve our mandate Having raised the cash rate three times, monetary policy is well placed to respond to developments We’ve already seen some signs that this tightening is starting to work Although, it will take around 1-2 years for the effects to fully flow through to the…
Silver price (XAG/USD) trades 1.2% higher to near $73.60 during the Asian trading session on Thursday. The white metal rebounds after a sharp sell-off on Wednesday even as fears of a prolonged United States (US) blockade on Iranian sea ports have raised concerns over its outlook, a scenario that will be in action if the US and Iran do…
A sharp escalation in US-Iran hostilities overnight rattled energy markets and risk sentiment on Wednesday, driving crude oil firmly higher and snapping the S&P 500’s nine-session winning streak. A simultaneous wave of stronger-than-expected US economic releases, including a substantially above-forecast ADP employment report and a robust ISM Services PMI, reinforced the possibility that the Federal Reserve may shift toward…
Australian April 2026 trade data, gives a trade balance of 1.791bn AUD surplus expected -1.61bn, prior -1.84bn I’ll have more to come on this separately. In brief exports or iron ore, coal and LPG strong. Imports of capital goods fell away while those fuel surged. This article was written by Eamonn Sheridan at investinglive.com.
US President Trump has told aides that he would consider ending the ceasefire with Iran if Tehran kills US troops, the Wall Street Journal reported on Thursday. Trump insisted that the weekslong pause in airstrikes remains intact despite a steady stream of violent skirmishes. Trump said in a New York Post interview that the blockade lasting until Labor Day is unlikely but possible,…
2026.06.03 2026.06.03 US Dollar Gains as US-Israel Rift Deepens. Forecast as of 03.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The US and Israel have different interests in the Middle East conflict. The former wants to resolve it through diplomatic means, while the latter has refused to negotiate with Hezbollah. This rift within the coalition is weighing on the EUR/USD pair. Let’s analyze the…
USD/CAD pushes above its upper Keltner Channel. Will momentum extend the breakout, or will overextension trigger a pullback?
ABC news in the US: The House adopted a resolution to rein in President Donald Trump’s Iran war powers for the first time vote of 215-208 the resolution is symbolic in nature This article was written by Eamonn Sheridan at investinglive.com.
Lorie Logan, President of the Federal Reserve (Fed) Bank of Dallas, said on Wednesday that inflation remains too elevated and warned that higher interest rates could be needed later this year if price pressures fail to ease further. Key quotes: Inflation is trending toward the mid-2s, not all the way to 2%. Trimmed-mean inflation is not currently a reliable…
