Author: Robert Jessi

Form 424B5 Strive Inc For: 16 October

The New Zealand Dollar ended the week on a higher note against the US Dollar, up 0.55% to 0.5652, as the Greenback weakened amid investors’ skepticism about a Fed hike in October despite the US docket featuring red-hot inflation.NZD/USD closes higher as October Fed hike skepticism shifts attention toward NZ inflationUS data revealed on Friday was mostly ignored by market participants. Even though the Fed revealed that Industrial Production in September grew 0.7% MoM above estimates and August’s 0.1% expansion, the focus was on inflation.The release of US consumer inflation data, which exceeded estimates of 3.6% at 3.7% YoY, and…

Despite hitting new highs earlier this week, the US Dollar (USD) lost some upside traction in the last couple of days, ending the week in the red for the first time after four advances in a row.

USD/CAD Forecast: Scotiabank Sees Little Support Before 1.40 The Canadian Dollar is recovering as US yield support fades, but Scotiabank’s fair-value estimate now sits close to the market after USD/CAD retreat. The US Dollar to Canadian Dollar (USD/CAD) exchange rate slipped further on Friday, with FX strategists at Scotiabank warning of little technical support before 1.40 after the pair broke below 1.4200. USD/CAD traded near 1.4152 at the time of writing, down 0.29% from Thursday’s close and almost 0.9% below Monday’s closing level. Latest-Exchange Rates: Dollar to Canadian Dollar (USD/CAD): 1.41525 (-0.29%) Pound to Canadian Dollar (GBP/CAD): 1.889388 (+0.30%) Euro…

The Federal Reserve (Fed) faces a renewed inflation challenge after two consecutive reports showed price pressure intensifying across the US economy. September’s Consumer Price Index (CPI) confirmed accelerating consumer inflation, while the Producer Price Index (PPI) revealed an even sharper rise in business costs.Behind both reports lies a common factor: energy prices. But while gasoline is responsible for much of the immediate rise in consumer inflation, diesel may offer a more important warning about what comes next.Unlike gasoline, which directly affects household budgets, diesel plays a central role in transporting goods, operating agricultural equipment and keeping supply chains running. Its…

We’ll walk you through a simplified process, from understanding your debt to learning about the tools available to you and creating a budget, and ultimately, how to stay out of debt going forward. If you’re ready to get a handle on your finances, let’s get started. Key takeaways Understand what types of debt you have and what you currently owe before making a repayment plan.  Interest rates vary widely by the type of debt, so prioritize repaying debts that are costing you the most. Strategies to tackle your debt include DIY repayment, balance transfers, consolidation loans, home equity loans, and…

Why is BE Semiconductor Industries stock sliding today?

USD The dollar’s post-CPI rally unwound further on Thursday, with the slipping lower to trade either side of 102.0, even as September PPI blew past expectations. Headline producer prices rose 1.3% MoM against a 0.5% consensus, taking the annual rate to 6.3%, while retail sales jumped 0.8%, though a 0.1% control group print suggested gasoline rather than discretionary spending did the work. In any case, markets looked through the data after a selloff in AI-linked credit triggered sharp losses across Asian equities, and Fedspeak stressing no urgency to move this month left October hike odds under 15%. That fits our…

West Texas Intermediate (WTI), futures on NYMEX, holds onto weekly gains near $96.00 during the European trading session on Friday. The oil price has gained significantly this week, as financial markets continue to offer risk premium due to prolonged Middle East conflicts.However, market experts argue that risk premium attached to oil prices could start eroding if flows through the Middle East, with the help of United States (US) military, remain sustained.Oil flows hold firm through Strait of Hormuz despite security incidentsAnalysts at Commerzbank highlight the resilience of shipping activity through the Strait of Hormuz, noting that, “despite the attacks, US…

The Canadian dollar strengthened against its U.S. counterpart on Thursday as the greenback retreated from an 18-month high, although a sharper-than-expected surge in U.S. producer prices raised concerns about persistent inflation and the possibility of further monetary tightening by the Federal Reserve. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month’s list » The U.S. dollar was last down 0.29% against the Canadian dollar at C$1.4197 around 8:24 a.m. ET, after trading between C$1.4195 and C$1.4241. A decline in the USD/CAD exchange rate indicates a…