The moves in the USDCAD are impacted by a complex interplay of commodity prices (Canada is a major oil exporter), monetary policy divergences between the Bank of Canada and the Federal Reserve, incoming economic data points centering around growth and inflation dynamics, as well as broader global trends for the USD.
Capgemini is a prominent multinational corporation specializing in consulting, technology, professional, and outsourcing services. Renowned for its expertise in digital transformation, Capgemini assists businesses in leveraging technology to navigate the complexities of the modern market landscape.
YUM! Brands is a leading global restaurant company that owns, operates, and franchises a portfolio of iconic brands. Their primary focus is on quick-service restaurants (QSR) across various cuisines. Yum! Brands is the powerhouse behind...
On March 12 we have the hotly anticipated US CPI print. So, here's the outlook on the US CPI report coming up. Markets expect headline CPI to rise around 0.4% in February, and core inflation to go up by about 0.3%. Traders are getting more hawkish on rate hikes after January's CPI jump, and they'll be keeping a close eye on February's numbers to fine-tune their predictions.
One of the great features of Seasonax is the event feature which allows us to see historic moves in instruments over key economic data releases. One data release hotly anticipated this Friday is the US labour market report on Friday.
Over the last 25 years the month of April has been the firmest month for the FTSE 100 with an average return of over 2%. However, the seasonal period of strength often begins around the middle of March and runs into the end of April.
JD.com, Inc., previously known as Jingdong and formerly called 360buy, is a large Chinese e-commerce company based in Beijing. It's one of the biggest online retailers in China for business-to-consumer transactions, making a substantial amount of revenue.
Johnson and Johnson is coming into a strong seasonal pattern now with an average return of nearly 5%. From March 01 through to May 16 share prices have gained 85% of the time over the last 20 years.
Data provided by the Shanghai Futures Exchange (ShFE) indicates that the inventories of base metals increased throughout the past week. This rise is primarily attributed to subdued consumption during the recent week-long holiday earlier this month.
On Thursday we have the Fed’s preferred measure of inflation - the PCE print.  The PCE print refers to the measurement of personal consumption expenditures, which tracks the expenditure on goods and services by US citizens.