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United States RealClearMarkets/TIPP Economic Optimism (MoM) below expectations (49.3) in October: Actual (48.3)
United States RealClearMarkets/TIPP Economic Optimism (MoM) below expectations (49.3) in October: Actual (48.3)
TJX Companies (TJX): Elliott Wave points to more upside before pullback
TJX Companies, Inc., (TJX) operates as an off-price apparel & home fashions retailer in Unites States, Canada, Europe & Australia.
Canada Ivey Purchasing Managers Index s.a above expectations (51.2) in September: Actual (59.8)
Canada Ivey Purchasing Managers Index s.a above expectations (51.2) in September: Actual (59.8)
US stocks open higher despite concerns over the US government shutdown
US stocks move higher at the start of Tuesday’s US session on Wall Street, with the S&P 500 up 0.1%, the Dow Jones Industrial Average (DJIA) gaining 0.3%, and the Nasdaq 100 adding 0.2%. The S&P 500 has gained for seven straight sessions, and Tuesday could be the eighth consecutive up day.
Humana Inc. (HUM) Elliott Wave forecast: Wave IV correction nearing completion
Humana (NYSE: HUM) shows signs that its large wave IV correction is almost complete, hinting at the next major bullish cycle ahead.
Galaxy Digital (NASDAQ: GLXY) bullish break out
Galaxy Digital Holdings Ltd. (NASDAQ: GLXY) operates as a leading force in the digital asset ecosystem, providing crucial financial services for the institutional crypto market.
Gold approaches $4,000 psychological mark amid safe-haven demand
Gold (XAU/USD) continues its historic climb, notching yet another all-time high near $3,985 on Tuesday.
WTI Price Forecast: Bearish bias persists below $61.50
West Texas Intermediate (WTI) Crude Oil edges lower on Tuesday, giving back the previous day’s gains as traders weigh the modest OPEC+ production hike against persistent oversupply concerns and subdued global demand.
Silver price slips amid US Dollar strength, but record high remains achievable
Silver (XAG/USD) edges 0.2% lower for the day on Tuesday, trading around $48.60 per troy ounce at the time of writing, after setting a new 14-year high at $48.77 on Monday. This consolidation move comes as the US Dollar (USD) regains traction, capping the metal’s bullish momentum.
United States Redbook Index (YoY) declined to 5.8% in October 3 from previous 5.9%
United States Redbook Index (YoY) declined to 5.8% in October 3 from previous 5.9%
Canada Exports dipped from previous $61.86B to $60.58B in August
Canada Exports dipped from previous $61.86B to $60.58B in August
Canada International Merchandise Trade registered at $-6.32B, below expectations ($-5.55B) in August
Canada International Merchandise Trade registered at $-6.32B, below expectations ($-5.55B) in August
Canada Imports climbed from previous $66.79B to $66.91B in August
Canada Imports climbed from previous $66.79B to $66.91B in August
Parallels to last year’s Copper price surge – Commerzbank
The Copper price has reached levels close to $10,800 per ton, the highest since May of last year, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
EUR is soft and trading defensively – Scotiabank
The Euro (EUR) is down 0.3% against the US Dollar (USD) and showing signs of renewed weakness as it pushes back toward Monday’s lows in the mid-1.16s, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Gold outshines all safe havens – Commerzbank
The Gold price continues its upward trend at the start of the new week, moving closer to the $4,000 per ounce mark. Some media reports attribute this to the ongoing US government shutdown.
CAD is trading steady, outperforming on crosses – Scotiabank
The Canadian Dollar (CAD) is once again trading flat against the US Dollar (USD) as it consolidates its recent losses and sees notable outperformance against most of its G10 peers.
Pound Sterling declines against US Dollar despite firm Fed dovish bets
The Pound Sterling (GBP) declines 0.3% to near 1.3440 against the US Dollar (USD) during the European trading session on Tuesday. The GBP/USD pair slumps as the safe-haven demand of the US Dollar increases due to political jolts in Japan and France.
Drop in temperatures pushes gas prices higher – Commerzbank
The European benchmark price for gas (TTF) jumped at the start of the week, trading at nearly EUR 33 per MWh, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
USD/CAD ticks up near 1.3960 amid US-Canada trade talks
The USD/CAD pair edges higher to near 1.3960 during the European trading session on Tuesday. The Loonie pair ticks up as the US Dollar (USD) gains significantly amid increase in its safe-haven demand in times when the French economy is going through political crisis.
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