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- Euro: Rebound toward 1.1275 in focus against US Dollar - ScotiabankScotiabank’s FX team reports the Euro slightly lower versus the Dollar, as ECB officials keep a hawkish stance with December tightening still priced. Despite softer Oil, European energy concerns pe...
- ECB’s Sleijpen says Iran shock persists, no second-round effects yetOn Tuesday, Olaf Sleijpen, President of De Nederlandsche Bank and a member of the European Central Bank (ECB) Governing Council, said that “the Iran shock is more persistent than earlier thought,”...
- Gold falls near $3,900 amid rising US yields and Fed hawkish betsGold price (XAU/USD) falls on Tuesday as geopolitical tensions remain high in the Middle East, with Oil prices trimming their earlier losses, boosting the US Dollar's haven appeal due to their posi...
- Bank of Canada maintains stance on rate hike ahead of Nov. 5 budget releaseThe Bank of Canada is standing by its decision last week to hike interest rates for the first time in three years, and as Ottawa gets set to table its budget.
- Bank of Canada Says Fiscal and Monetary Policy Aren’t at OddsBank of Canada Governor Tiff Macklem said Prime Minister Mark Carney’s fiscal plans aren’t yet making it harder for the central bank to control inflation.
- Why Higher Oil Prices Aren't Solving Saudi Aramco's Biggest ProblemsThe world’s largest listed oil company, Saudi Aramco, is again in the spotlight. The company’s results, released on 3 November, clearly offer an uncomfortable lesson in wartime economics. Yes, an o...