TSX jumps to 3-week high as rate cut bets revive
Canada's main stock index climbed to its highest in three weeks on Monday amid a broader rally led by resources stocks, as investors factored in a higher chance of Fed rate cuts after soft payrolls...
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Canada's main stock index climbed to its highest in three weeks on Monday amid a broader rally led by resources stocks, as investors factored in a higher chance of Fed rate cuts after soft payrolls...
A gauge of global stock markets rose on Monday on optimism that major central banks will cut interest rates this year, while the yen weakened against the dollar after a surge last week from...
The current level for the Federal Reserve's benchmark interest rate should cool the economy enough to return inflation to the central bank's 2% target, with the strength of the job market... -May 06, 2024 at 12:46 pm EDT - MarketScreener
Finishing the battle against inflation will likely require a hit to demand, after a year in which U.S. price pressures cooled largely through improvements in the supply side of the economy with... -May 06, 2024 at 02:59 pm EDT - MarketScreener
Early cues from the U.S. Futures Index suggest that Wall Street might open higher. The U.S. economic calendar for this week is relatively quiet. In the Asian trading hours, oil prices rose about 1 percent as Saudi Arabia raised the price of its flagship crude.