Author: Robert Jessi

Cargojet says its total revenue reached $275.8 million during the quarter, rising year-over-year from $238.2 million.  The company says its board of directors declared a cash dividend of 38.5 cents per common share. Pauline Dhillon, the Cargojet CEO, says the company’s strategy allows it to dynamically deploy assets to the highest return opportunities. In May, Dhillon stated the company has mechanisms in place to protect against higher fuel costs.  Source Google RBC, BMO agree to sell payment processing company Moneris for about $2 billion Royal Bank of Canada and BMO Financial Group have agreed to jointly sell Moneris Solutions Corp.   …

Kestra Medical CFO Vaseem Mahboob sells $418,217 in shares

Topline Consumer prices rose as expected in July, according to Federal data published Wednesday, as analysts projected an in-line inflation report would likely persuade the Federal Reserve not to raise interest rates next month. Another inflation reading comes as the Federal Reserve mulls potential interest rate hikes. Key Facts Consumer prices rose 3.4% from July 2025 and 0.1% from June and July, the Bureau of Labor Statistics reported, matching Wall Street’s consensus estimates, according to FactSet. Core CPI, the inflation measure that excludes the volatile energy and food sectors, dropped to 2.5% in July, meeting estimates. Morgan Stanley Wealth Management…

Silver price advanced by some 0.39% on Friday, capped by rising US yields, even though US data was softer than expected. XAG/USD trades at $64.70, after bouncing off daily lows of $63.51.XAG/USD Price Forecast: Technical OutlookThe white metal remains downward biased despite signs of bottoming around the $54.70 area, near the yearly low of $54.77. Momentum is bullish in the short term, as indicated by the Relative Strength Index (RSI), but from a market structure perspective, it remains bearish.For a bullish continuation, the first resistance for XAG/USD would be the 100-day Simple Moving Average (SMA) at $68.76. Above, the first…

Post- summer trading conditions continue to keep FX volatility subdued, leaving largely anchored. Still, our models are pointing to some short-term undervaluation in the pair, supporting our moderately bullish bias for coming weeks. Gulf headlines remain a marginal factor for FX, more visible in some relative value trades than USD crosses USD: Looking for a Shift in Fedspeak The post-CPI midsummer environment is understandably weighing on FX vols. We argued yesterday, that this could remain the norm for at least the next couple of weeks. At the same time, we retain a preference for dollar downside, as we still believe…

The Canadian dollar’s medium-term recovery will likely depend less on oil prices and more on whether the broader economic recovery can be sustained, according to Commerzbank Research in a Thursday …

The USD/CAD pair is seen consolidating its recent losses to a two-month low, touched last week, and trading below mid-1.3900s during the Asian session on Tuesday. Traders now seem hesitant to place aggressive directional bets amid a mixed fundamental backdrop and ahead of the crucial US inflation figures.The US-Iran standoff dampens hopes for a swift reopening of the Strait of Hormuz, which, along with restricted shipping traffic through the Bab el-Mandeb Strait, continues to fuel supply concerns and supports crude oil prices. Moreover, Friday’s upbeat Canadian employment details seem to underpin the commodity-linked Loonie and act as a headwind for…

Minutes earlier I had been writing to my MoneySense editor about my philosophy on personal finance writing—how I want readers to feel seen rather than shamed for the decisions they make. My mind wandered, the way it does mid-workout, toward my own career. An old friend from university had recently gone back to school for something similar and I thought about reaching out to her to get a better sense of what that experience was like. Instead, I opened my GPT and typed in the question. The answer arrived in seconds. No call, no waiting, no research. The thought itself…

Fund managers chase €500 billion German pension overhaul

USD The dollar proved relatively resilient on Thursday despite some dovish data surprises. July PPI landed flat on the month against expectations for a 0.2% rise, with the annual rate cooling from 5.5% to 4.7% on lower gasoline costs, while initial jobless claims also edged up to 209k from 199k. Married to soft July jobs figures and CPI published earlier this week, markets now see roughly a 70% probability that the Fed holds in September, extending the unwind of hike bets – a repricing we have long argued for. Still, the remains close to the 100-mark for now, as lingering…