Summer Shift
Central bank policy decisions and the direction for interest rates have once again captured the focus of economists and financial market analyst’s
read moreTwo Bullish Calls
There were two notable bullish calls for the yellow metal this past week. One was from hedge fund manager, Paul Tudor Jones,
read moreLate Cycle Characteristics
The performance of North American equity markets in May illustrated the escalating tensions between the worlds two biggest superpowers. The S&P 500
read moreTrade Talks, Part…
There has been no shortage of headlines over the past several weeks that have continued to unsettle financial markets and maintain focus
read moreNo Apparent Theme
No Apparent Theme Download PDF A week ago Friday, the US jobless rate fall to a 49-year low. Eleven years into the
read moreGlobal Growth and Stock Market Melt Up?
Global Growth and Stock Market Melt Up? Download PDF There were similar patterns over the past few weeks in the
read moreBank of Canada Surprise
Download PDF Leading into the Bank of Canada’s (BoC) interest rate and policy announcement this past Wednesday, expectations were for the Canadian
read moreThe Week Ahead In Gold
The gold bulls may be looking for a rebound in the week ahead after the metal saw some sharp selling last week.
read moreThe Week Ahead In Gold
Although gold has not been able to extend its recent rally, the market could potentially be turning a key corner that could
read moreThe Week Ahead In Gold
Things are not always what they seem…The old saying could make a great deal of sense against the current economic and geopolitical
read moreThe Week Ahead In Gold
The week ahead could be a doozy. On Friday, Special Counsel Robert Mueller III submitted his long-awaited report on Russian interference in
read moreThe Week Ahead In Gold
The gold market is slightly higher in early trade Monday as a weaker dollar index gives the market a boost. Markets are
read moreThe Week Ahead In Gold
Over the weekend, Fed Chairman Jerome Powell gave an interview to CBS’ “60 Minutes” in which the head central banker stated that
read moreThe Week Ahead In Gold
The gold bulls may have their work cut out for them this week as fading risk aversion pressures the market. It has
read moreThe Week Ahead In Gold
The last several weeks have seen some very encouraging signs for the bulls, and Friday’s session was no exception. Spot gold moved
read moreThe Week Ahead In Gold
After a brief period of consolidation, the gold market could potentially be headed higher in the weeks ahead. This week; markets will
read moreThe Week Ahead In Gold
The last couple weeks have demonstrated just how quickly things can turn in modern financial markets. Without question, last week’s FOMC meeting
read moreThe Week Ahead In Gold
The gold market lost ground in light trade Monday as markets were closed in observation of the Martin Luther King Holiday. Driving
read moreThe Week Ahead In Gold
The gold market will likely pick up where it left off this week. The yellow metal has been lingering near the key
read moreAn Outside-of-the-box Forecast
There is the opportunity for be two competing themes for the Canadian economy into 2018…
read moreGold, Bitcoin, or Both
The precious metals space has been challenged with a new asset class whose popularity, like its price, continues to gain momentum…
read moreThe Upside Risk to the Canadian Dollar
There’s no shortage of reasons why the Bank of Canada should start to think about higher interest rates…
read moreForgotten Volatility
There is certainly no shortage of market impacting stories on a weekly if not on a daily basis…
read moreHigher, Higher, and Higher
Bank of America Meryl Lynch put out an interesting piece of research this week raising alarm bells over a potential déjà vu in the financial markets.
read moreDislocation
Amidst all this ongoing political ‘noise’ Stateside, American and Canadian stock markets are continuing to record highs…
read moreA Brief Honeymoon
Unfortunately, what is being lost in the debate over the last two weeks over President-Elect Donald Trump is not how, but why.
read moreWhat Next?
It’s worthwhile to take a measured second look at what has been an absolutely wild week for the markets.
read moreBrexit Prevails: Enter the Unknown
How much change can we see in asset prices in 24 hours? Apparently, a lot as extreme volatility roils the world’s financial markets in reaction to Britain’s decision to vote in favour of exiting the European Union.
read moreBrexit: Anomaly or Awakening
Gold and other safe haven assets have seen strong momentum leading up to the June 23rd ‘Brexit’ referendum when the United Kingdom will vote whether to remain within or exit the European Union.
read moreRegressive Economic Policies
It says a lot about the state of the world economy when ideas dictated through extreme political leaders have populist appeal to them, and are what is driving the promotion of regressive economic policies.
read moreYellen’s Enigma
Hindsight is 20/20. That being said, 2015 saw a bull run in the US dollar that was forecast by many credible analysts…
read moreA Common Theme
The theme of divergence has been playing out in the global economy. One example is how the US Federal Reserve has begun their path of gradually raising interest rates whereas…
read moreComing to the Rescue
If the Wednesday morning bank of Canada announcement revealed anything, it’s that Canada and Stephen Poloz may be shifting course to join the group of central bankers that are no longer attempting to save the world…
read moreParing Their Bets
January 21st of 2015 stunned investors and economists as the Bank of Canada lowered their key interest rate by a quarter of a per cent…
read moreWhat a Week
What a week. It’s a new year for the world’s financial markets, but it sure didn’t take long for investors to realize that the themes of 2015 are still very much prevalent. The week and the year began with Chinese regulators attempting to maintain control of their currency as the offshore market continues to discount the official rate has seen investors sell Chinese stock markets and prompt fear of further weakness in the world’s second biggest economy.
read moreDollar, Debt, and Politics
Like a rock tumbling down hill, oil prices have broken 40 dollars per barrel and sustained their downward momentum. Bearish reports ranging from the outcome of the OPEC meeting in Vienna over a week ago to supply outlooks from the International Energy Agency continue to weigh on the global crude market and have further dampening effects on global financial markets.
read moreDivergence and the Dollar
This past week in the markets set the scene for a diverging picture in terms of monetary policy in the United States versus the reset of the world. Through speeches and congressional testimony, US Fed Chair Janet Yellen made clear that a December rate hike remains on the table as the US Federal Reserve looks to lift off of rock bottom interest rates on December the 16th.
read moreThe Next Phase
A lot is being made of remarks from Federal Reserve Chair Janet Yellen earlier this week and the likelihood of the Federal Reserve raising rates as early as December. This is because, all else being equal, the US economy no longer warrants emergency level interest rates. Fridays US jobs report added further evidence to this, and that in fact the lame payroll numbers of August and September look more to be anomalies than a slowdown of the US economy, which was immediately impacted by economic instability in Asia.
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