Author: Robert Jessi

Commerzbank’s Dr. Henry Hao argues China’s housing market remains in structural stagnation five years after the Evergrande crisis. National prices follow an L-shaped path, with a K-shaped divergence between Tier-1 and lower-tier cities. Weak demand, tighter funding and demographics mean real estate will no longer be China’s primary growth engine as Beijing redirects capital to new sectors.L-shaped prices, fractured construction cycle”China’s property downturn marks its fifth anniversary in July 2026. Despite localized price stabilization in top tier cities, the national housing market remains locked in stagnation. Our analysis of the construction cycle indicates structural stagnation will persist as Beijing pivots…

The CAD/JPY currency pair has recovered from an 18-week low of 112.96 on July 4th, achieving a four-day winning streak and surpassing 115.70. Typically, global markets see investors move away from …

USD/CAD Technical Analysis The USD/CAD daily chart shows price falling to its 50-day EMA, an inflection point above 1.40 support, with the uptrend still intact. Source: TradingView. The US dollar drifted a little lower with rates during Friday trading. The US dollar has fallen a bit against the Canadian dollar during the trading session on Friday as we are now testing the 50-day EMA, an indicator that a lot of people will probably be watching. This is a market that, despite the fact that it has fallen off a cliff here recently, is still very much in an uptrend as…

Chief executive Frédéric Perron says the U.S. cable sector is “going through significant turbulence.” In June, Cogeco and its cable and internet subsidiary Cogeco Communications Inc. announced expectations to take an impairment charge of about $1.7 billion related to its U.S. telecom segment. Cogeco’s U.S. telecom revenue decreased by 10% during the quarter, which it attributed to a lower subscriber base compared with the previous year, a larger proportion of customers subscribing to internet-only services, as well as a competitive pricing environment. The company offers wireless service under its Breezeline Mobile brand to customers in 13 U.S. states. Source Google…

Investing.com — Ukrainian drones struck logistics hubs operated by Wildberries deep inside Russia, killing at least eight people and expanding Kyiv’s air campaign beyond energy and military infrastructure, The Wall Street Journal reported Saturday. The attacks hit facilities in the Moscow and Tambov regions, between roughly 300 and 450 miles inside Russian territory. Dozens of people were injured, while large fires forced employees to evacuate the warehouse complexes. Wildberries is Russia’s largest online retailer and is frequently compared with Amazon.com (NASDAQ:AMZN). The privately held company handles millions of deliveries each week across the country. Ukrainian President Volodymyr Zelensky said the…

Silver price recovered some ground on Friday, up 0.84%, but it is poised to finish the week down over 6.50%. At the time of writing, XAG/USD trades at $56.00 per troy ounce, after reaching a new year-to-date (YTD) low of $54.77.

The dollar stayed under pressure as confirmed that inflation pressure eased in June. Still, with the Gulf situation apparently far from de-escalation, we don’t see much more USD downside potential in the near term. Instead, sterling is emerging as a major outperformer on the back of further positioning adjustments USD: Losing More Ground The dollar has remained under pressure, with FX volatility resuming its decline after a short-lived bounce earlier this week. settling at around $85/bl is seemingly not enough to drive inflation expectations much higher, and the USD front-end continues to feel some gravitational pull from soft June data.…

The CAD/JPY currency pair has recovered from an 18-week low of 112.96 on July 4th, achieving a four-day winning streak and surpassing 115.70. Typically, global markets see investors move away from …

The CAD/JPY currency pair has recovered from an 18-week low of 112.96 on July 4th, achieving a four-day winning streak and surpassing 115.70. Typically, global markets see investors move away from …

Today, as the company’s CEO and co-founder, Akhvledziani is focused on helping Canadians get more value from their everyday spending. In this edition of My MoneySense, she shares the financial lessons that have stuck with her—from why everyone should negotiate more often to the benefits of automating your finances and using debt strategically. Who are your financial heroes? I’m incredibly motivated by people who solve problems in very legacy, traditional industries but whose work reaches millions of people. David Vélez at Nubank is a great example. He went after one of the most traditional, entrenched parts of financial services in…