Category: Economics

Gold Miners Struggle with Rising Costs and Risk Missing Out on Bullion Boom

Analysts had high hopes for the industry. Gold has surged more than 30% this year, while fuel prices — one of the miners’ key expenses — have been easing. But Newmont’s results revealed that big gold producers are still wrestling with inflationary pressures, especially regarding labor costs, that have lasted longer than expected. “There’s a […]

3 Must-Have EV Stocks to Invest in as Interest Rates Fall in 2025

Source: totojang1977 / Shutterstock.com The electric vehicle (EV) market has slowed in 2024 but is poised for explosive growth over the next decade. As the global economy shifts to greener and more sustainable energy solutions, finding the best EV stocks to buy will be a strategic move. One of the significant factors influencing the EV […]

C-Suite Leaders Anxious About AI-Generated Cyber Threats

AI-generated cyber threats have C-suite leaders on edge Good morning. The risk of cyberattacks has long been top of mind for CFOs, but in the coming months, the threat may pose even greater cause for concern as deepfakes and other new AI-driven tricks become more sophisticated. In July, more than 100 top cybersecurity leaders gathered […]

3 Undervalued Tech Stocks to Consider Buying in July

Excitement surrounding artificial intelligence (AI) continues to drive the tech sector in 2024. Consequently, it is propelling the Nasdaq Composite index nearly 20% higher to record highs. This surge underscores the adage that “the best time to plant a tree was 20 years ago. The second best time is now.” This resonates strongly in today’s […]

Anticipation of Further Rate Cuts Following Major Bank’s Decisions

The Bank of Canada delivered a widely anticipated half-point cut to its overnight interest rate, bringing the policy rate to 3.75% from 4.25%, offering more good news for Canadian borrowers. While markets and economists expected the Bank to cut rates, the move signals its urgency in tackling the nation’s economic challenges. Observers believe this means […]

Pre-Markets Dip Amid Q3 Earnings Reports from Boeing, Coca-Cola, and Others

Pre-Markets Trade Down on Q3 Earnings from Boeing, Coke and More Wednesday, October 23rd, 2024 Pre-market futures are on a downward tack ahead of today’s open, following a mostly flat session on Tuesday. At this hour, the Dow is -237 points, -0.55%, the S&P 500 is -0.32% and the Nasdaq is down -87 points, -0.42%. […]

European Central Bank Pauses Plans to Enhance Climate Finance for Africa and Latin America

European Central Bank holds back plan to boost climate finance for Africa, Latam The African and Inter-American Development Banks want assets channeled through them so they can get more from the money The European Central Bank (ECB) is standing in the way of a plan by African and Latin American development banks to mobilise large […]

What Will Be the Bank of Canada’s Interest Rate Cuts?

When the Bank of Canada announces its latest decision on interest rates Wednesday, the question for investors is how much rates will come down, not if.  “We’ll see a continuation of the normalization of monetary policy, [since] rates are too high and the Bank of Canada knows it,” says Jules Boudreau, senior economist at Mackenzie Investments  […]

Gold Technical: Bullish Momentum Strengthened by the “Trump Trade”

Gold Technical: Bullish acceleration in progress reinforced by “Trump Trade” This is a follow-up analysis of our prior report “Gold Technical: Poised for a potential bullish breakout as US CPI looms” published on 11 September 2024. Click here for a recap. Since our last publication, the price actions of Gold (XAU/USD) have staged the bullish […]

Insights into the economy from Q3 investment banking trends

What Q3 investment banking trends reveal about the economy Good morning. CFOs are tasked with practicing precision in balancing short-term and long-term goals in a macro environment. But now with rate cuts, they could be finding more flexibility to look beyond the short term. Bank of America (BofA) CFO Alastair Borthwick made that observation during […]