Bank of Canada Takes a Break from Rate Cuts, However…
For the first time since last June, the Bank of Canada opted to leave interest rates unchanged, pointing to high uncertainty about the economic outlook brought about by US President Donald Trump’s trade war. This leaves the key overnight interest rate at 2.75%. “The major shift in direction of US trade policy and the unpredictability […]
Impact of Tariffs on the US Economy: Why the Fed Chief’s Warnings About Inflation Are Important
Tariffs will dent US economy and stoke inflation: Why US Fed chief’s warnings matter | Business News The last time that the American dollar, US bonds and stock markets recorded a simultaneous sell off over multiple days was nearly half a century ago – in 1977-78. This would be particularly consequential for the man at […]
Pluxee Achieves Strong Business and Financial Results in H1, Ups Fiscal 2025 Recurring EBITDA Margin Target
Pluxee continues to deliver solid business and financial performance in H1 and raises its Fiscal 2025 Recurring EBITDA margin objective 1 At Fiscal 2024 constant rates 2 Attributable to the equity holders of the parent 3 Including a positive impact from a regulatory change in Brazil of 48 million of euros; Excluding this one-off effect, […]
What Lies Ahead for the Canadian Bond Market?
Just like everything else in the markets these days, the outlook for the Canadian bond market is complicated. This was seen in the Bank of Canada’s decision on Wednesday to hold interest rates steady in the face of “pervasive uncertainty” about the economic outlook as a result of US President Donald Trump’s tariffs. That came […]
How Will Tariffs Affect the Oil and Gas Industry? | Columns
In what ways will tariffs impact the oil and gas industry? | Columns The oil and gas industry has been hit quickly and hard by the recent tariff brouhaha, with prices dropping significantly compared to recent levels (at least as of the time that I am writing). I’ve been asked several times whether the situation […]
Nvidia Stock: Downgrading Our Fair Value Estimate Due to…
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. Nvidia NVDA expects to incur USD 5.5 billion of write-offs associated with its H20 artificial intelligence GPU, as the US has restricted its export to China. The H20 was crafted specifically for the Chinese market to allow Nvidia to circumvent […]
China’s Q1 GDP Exceeds Expectations as Gold Approaches $3300/oz Amid Stagnating Global Stock Surge
China Q1 GDP beat, Gold nears $3300/oz as global stock surge grinds to a halt Zain Vawda Market Analyst Zain is an experienced financial markets analyst and educator with a rich tapestry of experience in the world of retail forex, economics, and market analysis. Initially starting out in a sales and business development role, his […]
March Inflation Shows Signs of Cooling, Providing Bank of Canada More Flexibility to…
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. Canada’s Consumer Price Index retreated surprisingly to 2.3% annually, down from 2.6% in February, undershooting FactSet estimates of 2.7%, as prices of crude oil fell on concerns over weakening global oil demand and slowing economic growth. According to the latest […]
Redwood Materials to Recycle Lime’s Batteries Amid China’s Export Restrictions on Key Metals
Redwood Materials Will Recycle Lime’s Batteries as China Withholds Key Metals Lime, a leading player in the micromobility industry, has embarked on a pivotal partnership with Redwood Materials, a company specializing in battery recycling founded by JB Straubel, a Tesla veteran. This collaboration aims to address both sustainability and the practicalities of battery disposal within […]
Gold Originally Flowing into the US Amid Tariff Expectations Now Gradually Exits
Stock image. The gold that flooded into US futures exchange warehouses in a tariff-driven arbitrage trade is now slowly trickling out. The risk that precious metals could be caught up in trade duties pushed prices on New York’s Comex into a large premium over global benchmarks in recent months. That created an incentive for traders […]