Tag Archives: Economy
economy
South Korea May Trade Surplus Beats Forecast, Supporting Won and Renewing KOSPI Optimism
South Korea’s May trade surplus hit $26.94bn, beating forecasts, boosting won outlook and equity flows.
Wall Street hits fresh records as oil slips, with payrolls and Eurozone inflation in focus
US stocks hit record highs; tech stays bullish. Oil weakens on Hormuz hopes; payrolls loom; Europe inflation cools.
USD/CAD pares gains as softer US dollar offsets weak Canada GDP and Hormuz, USMCA risks
USD/CAD retreated as softer US dollar offset weak Canadian GDP, while Iran deal hopes and USMCA risks.
Bowman Warns Inflation Progress Stalls as Middle East Conflict Risks Fuel Fed Policy Caution
Bowman says disinflation progress stalled; Middle East conflict could lift energy prices, prompting Fed caution and higher volatility.
Chicago PMI leaps to 62.7, tempering rate-cut bets and boosting equities and dollar outlook
Chicago PMI jumps to 62.7, signaling strong expansion, reducing rate-cut odds and boosting equities, dollar, volatility.
Sticky PCE Inflation and Robust US Growth Keep Dollar Firm as DXY Nears 100 Breakout
Strong US growth and sticky PCE inflation support the dollar, keeping DXY near 100 despite improved risk sentiment.
Canadian dollar slips as flat first-quarter GDP fuels Bank of Canada rate-cut bets
Canada’s Q1 2026 GDP stalled, missing forecasts; BoC cut bets rise, weakening loonie, USD/CAD climbs.
US Wholesale Inventories Rise 0.5% in April, Below Forecast, Cooling Stockbuild Pace
April US wholesale inventories rose 0.5%, below forecasts, signaling strong demand, sticky inflation, and evolving equity volatility strategies.
US goods trade deficit narrows to $82.4bn, fuelling dollar bullish bets and options strategies
April US goods trade deficit narrowed to $82.4bn, boosting dollar outlook and shaping options strategies across sectors.
Canada GDP Dips 0.1% in March, Bolstering Rate-Cut Bets and Weighing on the Loonie
Canada’s GDP fell 0.1% in March, boosting BoC cut odds, weakening CAD, shaping trade strategies.