Canadian Dollar surges broadly overnight after BoC’s hawkish tapering. Yet, it’s currently still one of the weakest for the week together with Dollar. The post-meeting buying was not enough to turn the Loonie into black against others yet. As for today, markets are rather quiet so far. US stocks staged a strong rebound overnight, which
0 Comments
Although global markets cheered the Bank of Canada’s (BOC) tapering, the risk-on mood gets multiple hurdles, most of them were already playing the background music. Among them, Global Times (GT) signals that China will take further punitive measures against Australia, over its dumping of Beijing’s “Belt and Road” initiative, which comes up the first in
0 Comments
Following the high-profile appointment of Brian Brooks to CEO of Binance.US, it has come to light that the Malta-based parent company has reshuffled its executive leadership by appointing Terence Zeng as head of Greater China. Zeng reportedly graduated from John Hopkins University and possesses a law degree from the University of Hong Kong, though his
0 Comments
The financial markets are trading in mixed mode today. European stock indices are mixed while US futures point to slightly lower open. Sentiments are slightly on the risk-off side on coronavirus concerns, but selloff is so far relatively shallow. There is also no clear momentum for Yen and Dollar to extend the rebound yet. Canadian
0 Comments
We do not expect much news from the upcoming ECB meeting. European yields have stabilized since the central bank “accelerated significantly” the pace of PEPP purchases in mid-March. Inter-meeting economic data have been mixed. We believe policymakers would reinstate that downside risks to the economic outlook in the near-term, while adding some optimistic flavor over
0 Comments
In this article NFLX (L-R) Reed Hastings and Ted Sarandos attend the “Marseille” Netflix TV Serie World Premiere At Palais Du Pharo In Marseille, on May 4, 2016 in Marseille, France. Stephane Cardinale | Corbis | Getty Images Netflix is set to report earnings for the first quarter of 2021 after the bell on Tuesday.
0 Comments