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Inflation In Canada Drops To 2.5% In July 
                    
Headline and Core CPI Ease in July 

Inflation In Canada Drops To 2.5% In July Headline and Core CPI Ease in July 

Headline and Core CPI Ease in July Canada’s Consumer Price Index (CPI) rose to 2.5% year-on-year in July, down from 2.7% and the lowest level since March 2021. The reading was in line with the market estimate.  depositphotos Monthly, inflation rose to 0.4% in July after a rare decline in June of -0.1%, and in line with the […]
Ethereum Gas Fees Hit Five-Year Lows Following Recent Upgrades; Still Not A Win For ETH’s Value

Ethereum Gas Fees Hit Five-Year Lows Following Recent Upgrades; Still Not A Win For ETH’s Value

The leading blockchain, Ethereum (ETH), has seen its gas charges, or transaction fees, plummeting to five-year lows, confirming improved network efficiencies following the latest technological upgrades. Ethereum gas fees at a five-year lowThe latest updates show Ethereum saw a dramatic decline in transaction charges, with the daily average gas price plummeting to record lows of 2.9 […]
USD/JPY Price Analysis: Greenback Recovers Ahead Of FOMC

USD/JPY Price Analysis: Greenback Recovers Ahead Of FOMC

The USD/JPY price analysis is slightly bullish as the dollar recovers ahead of the FOMC policy meeting minutes. At the same time, investors are speculating ahead of crucial speeches from top Fed and Bank of Japan policymakers.The US dollar has fallen since the beginning of the week as traders fully priced in a Fed rate […]
Summer 2024 Snapshot Of The Future For S&P 500 Dividends

Summer 2024 Snapshot Of The Future For S&P 500 Dividends

There were some very small changes for the outlook of the quarterly dividends of the S&P 500 (Index: SPX) through the rest of 2024.On the plus side, the outlook for dividends being paid in the current quarter of 2024-Q3 improved since the snapshot we took on 19 July 2024. The quarter’s dividend futures contracts rose by six cents […]
GBP/USD Forex Signal: Double Top Chart Pattern Forms

GBP/USD Forex Signal: Double Top Chart Pattern Forms

Bearish view Sell the GBP/USD pair and set a take-profit at 1.2045. Add a stop-loss at 1.3100. Timeline: 1-2 days.  Bullish view Set a buy-stop at 1.3040 and a take-profit at 3100. Add a stop-loss at 1.2950.  The GBP/USD pair pierced the important resistance point at 1.3000 for the first time in over a month […]
US Benchmark Payroll Revisions Over-Hyped? Dollar May Benefit From Buying On Fact After Being Sold On Rumors

US Benchmark Payroll Revisions Over-Hyped? Dollar May Benefit From Buying On Fact After Being Sold On Rumors

OverviewThe preliminary annual revision to US jobs growth is front and center today. It has gotten more play that usual, amid speculation of a historically large revision. Yet, the direct impact on policy may be minimal.depositphotosFederal Reserve officials, including Chair Powell, acknowledged that the payroll growth may have been overstated. Moreover, the Fed’s judgment of […]
Brent Oil Falters Amid Surprising Inventory Growth And Geopolitical Developments

Brent Oil Falters Amid Surprising Inventory Growth And Geopolitical Developments

Image Source: Pixabay  Brent crude oil has seen a decline to 77.07 USD a barrel on Wednesday, influenced by unexpected shifts in U.S. energy inventories and ongoing geopolitical developments. The analysis of Brent prices highlights key factors contributing to this downturn.The market has had to adjust its risk assessment following a recent increase in U.S. crude […]
USD/CAD Forex Signal: Bounce Expected Soon

USD/CAD Forex Signal: Bounce Expected Soon

I am a buyer of this pair if we can break above the 1.3648 level, with a stop loss at 1.3590. At that point, I would be aiming for a move toward the 1.3720 region. The US dollar has been fairly negative during the early hours on Tuesday reaching towards the 1.36 level, but we […]
Silver Price Forecast: XAG/USD Hovers Near $29.50 Due To Caution Ahead Of Fed Minutes

Silver Price Forecast: XAG/USD Hovers Near $29.50 Due To Caution Ahead Of Fed Minutes

Silver price (XAG/USD) price consolidates around $29.50 per troy ounce during the European hours as traders assess the upcoming release of the FOMC Minutes on Wednesday. The Fed’s Meeting Minutes for July’s policy decision could provide crucial insights into the Federal Reserve’s (Fed) monetary policy direction. Furthermore, traders would likely shift their focus on the Fed […]
Why Low Volume In S&P 500 Could Be Signaling A Hidden Opportunity?

Why Low Volume In S&P 500 Could Be Signaling A Hidden Opportunity?

Image Source: Unsplash  Watch the free-preview video extracted from the WLGC session before the market opens on 20 Aug 2024 to find out the following: What does the low trading volume in the S&P 500 indicate about current market conditions? What signals might indicate a reversal in the S&P 500’s uptrend? The significance of the “failure bar” in […]