Author: Robert Jessi

Form 4 Immunovant Inc For: 26 June

By Robb M. Stewart OTTAWA–A further surge in Canadian gasoline prices last month drove inflation in the country to its hottest in more than two years. The consumer-price index climbed 1% in May, pushing the annual rate to 3.2%, the highest level since the end of 2023, Statistics Canada said Monday. A third straight month of increased pump prices as the conflict in the Middle East continued to restrict crude oil supplies meant Canadians were paying the most for gasoline since mid-2022, when Russia invaded Ukraine. Stripping out gasoline, annual inflation edged up 0.2 percentage point to 2.2%. The overall…

HSBC notes that Thailand’s 1Q26 growth beat expectations on the back of strong electronics exports and robust private investment and consumption, supported by AI-related activity and fiscal stimulus. However, non-AI sectors face Chinese competition, and consumption is expected to cool as subsidies fade. The bank upgrades 2026 growth but cuts its 2027 forecast and sees inflation easing below 2%.Short-term boost, medium-term headwinds”Growth in 1Q26 exceeded expectations, accelerating to 2.8% y-o-y despite the turmoil in the Middle East. Sectors and industries that are part of the data centre and AI supply chains were particularly buoyant.””Goods exports from Thailand surged 15.5% y-o-y…

OCBC’s FX strategists Sim Moh Siong and Christopher Wong highlight that USD/SGD has eased as US Dollar (USD) momentum softened on core Personal Consumption Expenditures (PCE) Price Index data, with the pair around 1.2960. Bullish daily momentum remains, but Relative Strength Index (RSI) is turning lower from overbought, and they are monitoring whether this turnaround extends or attracts dip-buying. They flag potential distortion from quarter-end flows and outline nearby support and resistance levels.Pair eases as USD momentum softens”USD/SGD found reprieve overnight as USD momentum eased on core PCE data. Pair was last at 1.2960 levels.””Bullish momentum on daily chart remains…

Tame US PCE knocks US dollar lower – Oil prices retreat despite Iran attack on Taiwan ship – US dollar opens lower against the majors. USDCAD open: 1.4185, overnight range 1.4181-1.4210, close 1.4203, …

The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. The evolving conflict in the Middle East is causing heightened volatility and US trade policy continues to reshape global trade patterns. Both are ongoing sources of uncertainty. The Bank’s April outlook assumes tariffs remain unchanged and the global benchmark price of oil declines to US$75 per barrel by mid 2027.  The Iran war has led to sharply higher energy prices and transportation disruptions, diminishing growth prospects in oil-importing countries and boosting inflation worldwide. In…

USD/CAD halts its winning streak that began on June 10, trading around 1.4230 during the Asian hours on Thursday. The currency pair depreciate as the US Dollar (USD) declines despite rising market expectations of Federal Reserve (Fed) interest rate hikes later this year.Traders are positioning for tighter monetary policy after Federal Reserve Chairman Kevin Warsh signaled a firm focus on taming inflation, noting that the broader economy remains on a stable footing. Reflecting this hawkish shift, the CME FedWatch tool shows that markets are now pricing in an 83.1% probability of rate hikes by the end of December.Traders focus now…

Condo fees generally cover a lot of what homeowners would spend out of pocket, such as property insurance and general maintenance, said Karolina Armstrong, a real estate broker at Right At Home Realty in Toronto. “It’s what keeps the building running for all the owners,” she said. Other common items usually included in condo fees are garbage removal, elevator repairs, and security and cleaning staff. The fees also go toward the building’s reserve fund, which is money set aside for future repairs and larger maintenance projects, such as replacing windows and roofs. How much a condo owner pays depends on the…

Investing.com – H.C. Wainwright reiterated a Buy rating and $6.75 price target on Integra Resources Corp. () stock following the company’s updated feasibility study. The stock currently trades at $2.36, down 43.7% over the past six months despite posting a 55.81% gain over the past year. According to InvestingPro analysis, the stock appears undervalued at current levels. Integra Resources released an updated Feasibility Study and Life-of-Mine Plan for its Florida Canyon Mine on Wednesday. The updated study shows Florida Canyon is positioned to deliver an average of 82,000 gold ounces per year over an 8-year operating mine life. The updated…

is pressing into intervention territory just as the dollar story begins to lose some oxygen. Takeaway • The dollar has had the wind at its back, but the price is starting to say the sail is already full. • US growth is being held up by AI spending, while the consumer is quietly losing its footing. • The Fed can keep the hawkish mask on, but it still needs far more proof before it can actually pull the trigger. • USD/JPY is pressing into intervention territory just as the dollar story begins to lose some oxygen. Dollar Rally Starts To…