Author: Robert Jessi

If you’re comparing RBC travel credit cards, the RBC British Airways Visa Infinite may be one to consider. With a $165 annual fee, a purchase rate of 20.99%, and a cash advance rate of 22.99%, it’s worth doing the math: Can the rewards and benefits deliver enough value to offset the cost? We’re taking a closer look at what the card offers, how much value a typical cardholder could get from it, and whether it’s worth adding to your wallet. What does the offer? Since we’re weighing the $165 annual fee against the value of the card, we started by…

Form 4 CALAMOS AKSIA PRIVATE EQUITY AND ALTERNATIVES FUND For: 25 October

Open this photo in gallery:Bank of Canada Governor Tiff Macklem, shown in Bangkok earlier this month, has increasingly emphasized the upside inflation risk of rising oil prices.LILLIAN SUWANRUMPHA/AFP/Getty ImagesThe Bank of Canada is widely expected to raise its benchmark interest rate for the first time in three years on Wednesday in a bid to prevent high oil prices from becoming a broader and more entrenched inflation problem. However, there is an unusual amount of uncertainty surrounding the decision, with hawkish messaging from the central bank appearing at odds with recent data showing inflation remains relatively well contained.The bank’s governing council…

The USD/JPY pair attracts fresh sellers following an uptick at the start of a new week, stalling Friday’s modest bounce from the vicinity of the 156.00 mark, or its lowest level since September 18. Spot prices seem vulnerable below the 157.00 mark, though bears might refrain from placing aggressive bets ahead of this week’s key central bank events and data risks.The US Federal Reserve (Fed) is scheduled to announce its decision at the end of a two-day policy meeting on Wednesday. The focus, however, will be on the accompanying rate statement and Fed Chair Kevin Warsh’s comments during the post-meeting…

American auto loan payments just hit an all-time high of $787 per month.Pile that on record credit card debt and relentless price inflation, and it’s no wonder American consumers feel stressed!Rapidly rising vehicle prices (thanks, inflation!) combined with higher interest rates are driving car ownership costs ever higher.The average price of a new car has eclipsed $50,000, according to Kelley Blue Book. That’s up by about 30 percent in just six years.Meanwhile, the average APR on a new car loan hovers around 7 percent.That is a recipe for skyrocketing car payments. A record 21.2 percent of new vehicle buyers in…

USD/CAD depreciates after opening at a bullish gap, trading around 1.4000 during Asian hours on Monday. The pair loses ground as the US Dollar (USD) declines amid easing safe-haven demand, driven by US President Donald Trump ruling out immediate military action against Iran, stating, “there will not be a strike today,” according to Al Jazeera.However, President Trump’s remarks eased the upside pressure in oil prices, which could put downward pressure on the commodity-linked Canadian Dollar (CAD) and limit the downside of the USD/CAD pair.Canada growth seen cooling in Q3 as housing drag persistsAnalysts at Royal Bank of Canada highlight that…

The Canadian dollar could gain ground next week as the Bank of Canada is expected to raise rates by 25 basis points and signal further concerns about inflation, according to UBS I …

In its September 2 announcement, the Bank has held its key rate at 2.25%. It has been so since it was cut from 2.50% in October 2025. With inflation back above 3% and energy prices elevated by the war in Iran, experts are predicting roughly 80% odds of a 0.25% hike. Several economists have changed their calls. However, Clay Jarvis, a mortgage expert at Ratehub.ca, sees it differently.  Clay Jarvis is the former editor of Mortgage Broker News. He has spent more than a decade covering personal finance, mortgages and the Canadian housing market, and his commentary has been quoted…

Form 4 Palantir Technologies Inc For: 25 October

is trading at 1.3365 on Thursday afternoon, down 29 pips, or 0.22%, from Wednesday’s close of 1.3394. The pair tested 1.3407 early in the European session, a four-week high and the strongest level since September, before slipping as the dollar recovered from a three-week low. The fell to 101.45 in Asian trading before climbing back to 101.85. Even after Thursday’s pullback, sterling is up 1.26% over the past month and 0.6% over 12 months. The argument of this forecast is that sterling has become the strongest major currency in Europe because the Bank of England is about to join the…