Author: Robert Jessi

Sony, TSMC plan $6.3 billion JV to make image sensors in Japan, Nikkei reports

Canada’s financial services sector, long characterised by stability and concentration among a handful of large banks, is undergoing a decisive digital transformation. Over the past 18 months, a confluence of regulatory reform, infrastructure modernisation and fintech innovation has begun to reshape how money moves, how data is shared and how consumers interact with financial institutions. The result is not merely incremental change, but the foundations of a more open, competitive and technology-driven system. The most significant shift has been the long-awaited arrival of consumer-driven banking, more commonly known as open banking. After years of consultation, the federal government confirmed in…

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. …

The NZD/USD pair is seen extending Friday’s late pullback from the vicinity of the monthly peak – levels just above the 0.5900 mark – and drifting lower at the start of a new week. Spot prices, however, remain confined in a familiar range held over the past week or so and currently trade around the 0.5880 region, down 0.20% for the day, amid a modest US Dollar (USD) strength.The immediate market reaction to the disappointing release of the US Nonfarm Payrolls (NFP) report on Friday seems to have faded as the geopolitical risk premium offers some support to the safe-haven…

The USD/CAD pair attracts some dip-buyers at the start of a new week and recovers a part of Friday’s heavy losses to the 1.3925 area, or a nearly two-month low. Spot prices climb back above mid-1.3900s during the Asian session, though the upside potential seems limited amid a combination of diverging forces.As investors look past Friday’s disappointing US Nonfarm Payrolls (NFP) report, the US-Iran standoff keeps the geopolitical risk premium in play and acts as a tailwind for the safe-haven US Dollar (USD). Furthermore, bets that the US Federal Reserve (Fed) will raise borrowing costs by the end of this…

US Dollar-Canadian Dollar risks remain tilted lower as Scotiabank sees fair value just below 1.40 and says a break of 1.3970/80 could extend CAD gains. The Canadian Dollar strengthened into the weekend, pulling the USD/CAD exchange rate down to around 1.3940 after another soft session for the US Dollar. The pair is now almost 1.9% below its late-July high and has fallen for four of the past five sessions. Scotiabank thinks the underlying picture has improved enough to justify a mildly stronger CAD bias. “Factors driving the CAD are leaning a little more positive, nudging our fair value estimate for…

July marked a new benefit year in Canada and benefit amounts were adjusted by 2% based on the Consumer Price Index. Each year, you must file your personal Income Tax and Benefit Return and fill out the ON-BEN Application form that’s included in the tax return package. Based on your return, the Canada Revenue Agency (CRA) determines whether you’re eligible for the OTB and lets you know if you’ll receive the payment. “If you turn 18 before June 2027, you should apply and file your tax return to be considered for the Ontario Trillium Benefit,” states the province’s website. “For…

Warsh wants a Fed that plays a smaller role in markets

 Canadian monetary policy is currently characterized by a deliberate pause, with the Bank of Canada maintaining its policy rate at 2.25% on June 10 as it navigates a complex macroeconomic backdrop. Policymakers assess that the current stance is appropriately calibrated to balance competing forces within the economy, including a weaker growth environment evidenced by a modest contraction in GDP in the first quarter of 2026 and persistent excess supply, alongside inflation dynamics in which headline inflation has been temporarily elevated by energy prices while underlying core measures remain contained in their trend.As illustrated in Figure 1, Canadian bond markets continue…

A US official said on Friday that there is progress in Oman-Iran talks and that a deal could be signed soon, according to Reuters. Once the deal is announced, this would restore commercial shipping in the Strait of Hormuz, and the US would lift the blockade. Meanwhile, another official told ABC News that a temporary route was discussed and that it would be limited to 60 days. The official warned that nothing is final until publicly announced, and another source said that the Trump administration wants total freedom of commercial navigation through the Strait, without Iranian tolls or any arrangement requiring…