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Here's your Investing Action plan, what you need to know heading into next week. Earnings season is finally quieting down, while the June Fed meeting is…
Insider's Phil Rosen speaks to housing expert Edward Seiler on key Mortgage Bankers Association data.
The USD/CAD weekly outlook is bearish as expectations of a pause in Fed hikes could put downward pressure on the dollar in the coming week.
Global stock markets registered impressive gains last week, with the resolution of the US debt ceiling and robust American job data contributing to the bullish momentum. The ebbing expectation of a Federal Reserve rate hike in June also provided additional support. Canadian and Australian dollars emerged as the week's top performers, reflecting the market's increased anticipation of tighter monetary policy by BoC and RBA, even though these moves are not imminent. The British pound also showcased significant strength, gaining ground against other European majors.
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