Market Overview Analysis & Opinion

Last week, I got several calls asking me how U.S. tax reform will impact the price of gold. If you can answer this question, you might be able to answer how tax reform will impact other assets. Let me...

- U.S. Labor Oct non-farm payrolls: +261k; consensus +315k- U.S. Oct Unemployment Rate: +4.1%; Consensus +4.2%- U.S. Oct Average Hourly Earnings: -0.04%, or -$0.01 to $26.53; Over Year +2.4%- U.S. Oct...

Global risk assets continued to move higher in October, with world stocks reaching new all-time highs and corporate spreads continuing to tighten. Strong earnings and improving economic data are...

According to the Wall Street Journal, U.S. President Donald Trump is about to appoint Jerome Powell to head the U.S. Federal Reserve (Fed) to replace Janet Yellen. Powell is a Republican, appointed...

The Canadian dollar is showing little movement in the Thursday session. Currently, USD/CAD is trading at 1.2849, down 0.13% on the day. In economic news, there are no Canadian events on the schedule....

The Canadian dollar gained on Wednesday after the U.S. Federal Reserve ended its two-day Federal Open Market Committee (FOMC) meeting and left the benchmark borrowing rate untouched at 100–125...

The Canadian economy grew at an annualized 3.5% compared with a forecast 3.6%, marking a third straight month of a slowing economy. This disappointing reading led the loonie to lose 50 basis points...

The Canadian dollar is almost unchanged in the Wednesday session. Currently, USD/CAD is trading at 1.2881, down 0.05% on the day. In economic news, today’s highlight is the FOMC rate statement,...

There are two forces at work in the oil markets today creating a tug of war. On the one hand, you have U.S. shale producers on a quest to reach 10 million barrels a day in production amid falling...

The Canadian dollar continues to show a lack of movement this week. In the Tuesday session, USD/CAD is trading at 1.2903, up 0.51% on the day. In economic news, Canadian GDP declined 0.1%, short of...

Canada’s economy unexpectedly contracted in August, adding to signs of cooling following a torrid pace of growth in the first half of this year.Highlights of August GDP Repor Canada’s GDP...

The chief negotiators from the 11 remaining signatories to the Trans-Pacific Partnership free-trade pact on Monday started three-day talks near Tokyo, seeking an agreement next week on its...

Stock markets in Europe are broadly higher today and the IBEX 35 has gained the most ground. The Spanish government has dissolved the parliament in Catalonia, and has announced a snap election in...

The U.S. dollar saw strong gains on Friday morning as the U.S. Department of Commerce reported annualized Q3 growth of 3%, beating the projected 2.6%. This reading reinforced the likelihood of a U.S....