Investors will be watching for the Fed's assessment of the health of the economy as that might change the market's views on the future path of borrowing costs. Bond markets anticipate two further rate hikes next year but Fed forecasters expect three. âAlthough we do not expect (Fed chair) Janet Yellen to …
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The market wasn't all that fixated on Tuesday's run of economic data, with currencies confined to tight ranges and US equities contemplating the latest pullback off record highs. This put the spotlight on the price of gold, with the yellow metal coming under intense pressure on worry over getting replaced …
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I was on CBC's national news broadcast yesterday talking about Bitcoin. We spoke for 30 minutes about all the ins-and-outs of Bitcoin and crypto and naturally it gets trimmed down to a 15-second clip, but that's the nature of TV news.
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The euro reduced losses versus the dollar, but still traded weaker at $1.1757, down just 0.1 percent. ======================================================== Currency bid prices at 9:12AM (1412 GMT) Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous …
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