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Forex News

Tuesday August 11, 2020

The US dollar has room to weaken even after economic recovery: Westpac

Sean Callow from Westpac explains why he thinks there's no point pricing in tightening from the Fed just yet, and where that will leave the dollar in the coming months.

Monday August 10, 2020

Gold to $3,000? VanEck's CEO on his firm's bull case for the metal

Jan van Eck, CEO of VanEck Associates, Tom Lydon, CEO of ETF Trends, and Ben Carlson, director of institutional asset management at Ritholtz Wealth Management, weigh gold's potential to rally another $1,000 as it sits near record highs. With CNBC's Bob Pisani.

Sunday August 09, 2020

US-China trade talks are key for investors this week: Credit Suisse

Ray Farris of Credit Suisse says the trade talks between the U.S. and China on August 15 is the key risk for investors to watch this week. He also sees the U.S. twin deficit's rise persisting for the next couple of years, leading to U.S. dollar weakness.

Friday August 07, 2020

Rotation into European and emerging markets is set to continue: BlackRock

Thomas Taw of BlackRock says a significant proportion of their clients who are underweight risk and overweight cash are starting to rotate into European and emerging markets. He also says gold is trading with momentum at the moment and sees it as a good diversification hedge.

Markets & Economics

Saturday August 08, 2020

Fed's Kashkari advocates six-week economic lockdown to defeat the coronavirus

"To be effective, the lockdown has to be as comprehensive and strict as possible...

Friday August 07, 2020

Here's where the jobs are — in one chart

CNBC studied the net change in employment by industry for July based on data fro...

Friday August 07, 2020

The jobs report was better than expected, but market worries gains will be fleeting without stimulus

Many of the jobs were added in leisure and hospitality and retail, two areas tha...

Friday August 07, 2020

Payrolls increase by nearly 1.8 million, topping expectations despite coronavirus resurgence

Total nonfarm payrolls increased 1.763 million for the month, and the unemployme...

Canadian Business

Wednesday - Aug 12, 2020

Former Starbucks manager leads Canadian class acti...

WEARING MASKS IN PUBLIC

A former Starbucks Canada employee is suing the company for unpaid overtime for himself and other store managers.

Wednesday - Aug 12, 2020

Unions and automakers face off in negotiations wit...

Unifor Big Three Negotiation 20200812

Union representatives will meet with the Canadian arms of the Detroit Three automakers today to start negotiating wages and benefits for the next four years.

Wednesday - Aug 12, 2020

Tesla to split stock 5-for-1 at the end of August...

NETHERLANDS TESLA

Tesla will split its stock for the first time in its history so more investors can afford to buy a stake in the electric car pioneer following a meteoric rise in its market value.

Wednesday - Aug 12, 2020

Firefox owner Mozilla laying off 250 staff, includ...

firefox

The not-for-profit company behind the free Firefox web browser and a growing number of internet privacy products is cutting about 250 people from its global workforce, including an undisclosed number in Canada.

Tuesday - Aug 11, 2020

Air Canada to launch revamped Aeroplan program in ...

Air Canada Aeroplan 20180821

Air Canada is revamping its Aeroplan loyalty program in an effort to make it easier to use.

Tuesday - Aug 11, 2020

New home construction surged in July...

USA-ECONOMY/GDP

The annual pace of new home construction rose nearly 16 per cent in July compared with June, the Canada Mortgage and Housing Corporation said.