Author: Robert Jessi

Gold prices rise as cooling rate hike bets hit dollar

USD/JPY extends its gains for the second successive day, trading around 161.70 during the Asian hours on Monday. The Japanese Yen (JPY) is caught in a high-stakes tug-of-war, buckling under surging import costs even as 10-year JGB yields hit a fresh 30-year high of 2.79%. This deep market divide has traders on high alert for immediate verbal intervention from Tokyo.The USD/JPY pair appreciates as the US Dollar (USD) holds its ground, buoyed by market expectations of multiple Federal Reserve (Fed) rate hikes later this year. This comes despite easing global inflation concerns, which have been helped by oil flows normalizing…

Commerzbank highlights that strong Singapore manufacturing and electronics PMIs underpin a constructive growth outlook, with Q2 GDP expected to exceed Q1’s 6% expansion. Against this backdrop, USD/SGD has eased slightly but remains near this year’s highs. The bank expects the pair to consolidate in a defined range rather than trend strongly in the near term.Range-bound outlook for USD/SGD”Looking ahead, the manufacturing outlook remains constructive.””We will get the advance Q2 GDP report in the next week or so.””It is expected to post a strong performance and even exceed Q1’s 6% yoy expansion, supported by a strong manufacturing sector and continued firm…

The Pound to Canadian Dollar (GBP/CAD) exchange rate traded in a narrow range on Wednesday as uncertainty surrounding USMCA trade negotiations kept the Canadian Dollar subdued while Sterling awaited comments from Bank of England Governor Andrew Bailey. At the time of writing, GBP/CAD was trading at CA$1.8827, little changed on the day. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.88368 (+0.06%)Euro to Canadian Dollar (EUR/CAD): 1.61838 (-0.2%)Dollar to Canadian Dollar (USD/CAD): 1.42311 (+0.16%) DAILY RECAP: The Canadian Dollar (CAD) struggled to attract support on Wednesday amid renewed uncertainty surrounding the future of the US–Mexico–Canada Agreement (USMCA) on trade. Representatives…

As shown below, the Japanese yen has fallen to levels not seen since the late 1980s. (Note the chart quotes , thus a higher figure represents a depreciating yen) We have written extensively about why the yen matters to US markets: the yen carry trade. The trade is relatively simple. An investor borrows yen at low interest rates in Japan, converts the proceeds to dollars, and buys higher-yielding US assets, typically stocks or bonds. As we wrote in 2022, putting down $100,000 to borrow $1,000,000 in yen and buying a 3% Treasury note can generate nearly a 30% return, assuming…

The high cost of accessibility The financial barriers to accessible home renovation are astronomical, and the procedural landscape when it comes to these sorts of projects varies wildly from province to province. Funding can come from insurance companies, governments, tax credits, and non-profits. None of it is easy to secure, and that’s before you go through the lengthy process of actually getting an accessible renovation started.  You don’t need to take my word for it. Sean MacGinnis is the president of Ottawa-based BuildAble, a company focused on making accessible renovations more broadly available. He says that there just isn’t the…

IHS Holding validates Fair Value analysis with 84% return in 29 months

Canada’s financial services sector continues to swim on the tide of technology. While banks have long embraced digital channels, 2026 marks a turning point where two technology-driven trends are moving from pilot projects and policy discussions into large-scale implementation: Artificial intelligence (AI) and consumer-driven banking, which is often referred to as open banking. For a few years, Canada lagged behind countries such as the U.K. and Australia in implementing open banking. That is now changing as the federal government’s consumer-driven banking framework rolls out during 2026, giving Canadians greater control over their financial data and allowing them to securely share…

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. …

On Friday, the US market will remain closed to celebrate the 250th Independence Day, while the US President stuck in a peace deal with Iran as the peace accord, signed on June 17, 2026, has a catch-22 position in a clause, ensure an over stretch this probe to resolve without emphasizing most important issues like de-nuclearization of Iran and limit it’s claim over the Strait of Hormuz.Undoubtedly, the absence of direct talks has reinforced uncertainty over how quickly Washington and Tehran can resolve outstanding issues under their 60-day negotiating framework, including the future of the Strait of Hormuz.Tehran also seemed…