Bank of Canada
Bank of Canada Preview

North American stock markets have returned to trading this morning with traders in more of an upbeat mood. The three main US index futures contracts are up 0.4% to 0.5%, clawing back some of Friday’s losses of 1.0% to 1.3%

Big Powell Speech on Monetary Policy Preview

Today has the potential to bring a showdown between two long-standing market memes; “Don’t fight the tape”, and “Don’t fight The Fed”. Historically these have been complementary or even interchangeable. For the last month, however, they have been in opposition

Bank of Canada
June Arrives to a Bank of Canada Decision and a Deluge of Data

US index futures are up to start the new month with gains this morning of 0.1% to 0.3%. These appear moderate, however, which compared with Tuesday’s declines of 0.4% to 0.6% for US indices. Overseas trading has been mixed with

Central Banks Continue To Tighten Monetary Policy

Yesterday’s late afternoon rebound in the US that propelled the NASDAQ and the S&P 500 to relief rally gains of 3.75% and 2.25% respectively continued overnight in Asia Pacific trading where the Hang Seng soared 7.4% and the Nikkei climbed

Stocks Rebound as Central Bank Day Arrives

For a second straight day, US markets tried to bounce back from morning losses on Tuesday afternoon but were unable to make it back to the green with NASDAQ finishing down 2.3% and the S&P losing 1.2%. Today, bulls and

Investors Stay Defensive While Waiting for Wednesday

Another winter weekend has come and gone, and stock markets have picked up where they left off Friday in full broad retreat. In early US trading, Dow futures are down 0.4% while NASDAQ futures are down nearly 0.9%, adding to

Stocks Climb as Central Banks Start to Normalize Monetary Policy

Building on yesterday’s rebound which saw a burst of short covering and bargain hunting after the big Fed decision unshackled investors, US index futures are all up about 0.6% this morning, adding to yesterday’s US index gains of 1-2%. Overseas

US GDP, Central Bank Decisions and Earnings In the Spotlight

On a very busy day for news across a number of fronts, US index futures are on the rise again, climbing 0.2% to 0.5% as they bounce back from yesterday’s flat to down 0.75% moves. A mixed round of earnings

Bank of Canada Preview

The Bank of Canada is meeting this morning with its latest monetary policy decision and statement due at 10:00 am. Central banks around the world usually try to stay out of politics and with a federal election campaign underway, the

North American Central Bank Leaders Speak Today

US investors appear to be sitting on their hands this morning, reluctant to make any significant commitments ahead of this afternoons Fed News. The central bank’s monetary policy decision, statement, and member projections are due at 2:00 pm EDT, followed