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The carrier said it expects 2025 earnings before interest and taxes of about $500 million, down from a previous forecast of $600 million to $800 million.
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37-year-old turned her thrifting side hustle into a business that brings in 7 figures a year: ‘Anyone can do it’
After thrifting in her free time to make some extra money for her kids, Jocelyn Elizabeth turned her side hustle into a lucrative full-time gig. -
USD edges higher, but DXY losses persist – Scotiabank
The US Dollar (USD) is adding marginally to net losses on the week into Friday trade but the broader tone of price action is perhaps tending towards consolidation in DXY losses, with the index edging back to the 99 area, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. -
Gold trades in familiar range with attention shifting to delayed PCE data
Gold (XAU/USD) edges higher on Friday, oscillating within the familiar range that has defined price action this week, as dovish Federal Reserve (Fed) expectations keep the precious metal broadly supported. -
Is LALDX a strong bond fund right now?
Government Bond – Short fund seekers should consider taking a look at Lord Abbett Short Duration Income A (LALDX). LALDX carries a Zacks Mutual Fund Rank of 2 (Buy), which is based on various forecasting factors like size, cost, and past performance. -
‘Trump accounts’ could give your child up to $1,000 for free. Your top questions, answered
‘Trump accounts’ could give your child up to $1,000 for free. Here are the key things to know before opening one. -
Canadian November employment change +53.6K vs -5.0K expected
- Prior was +66.6K
- Unemployment rate 6.5% vs 7.0% expected
- Participation rate 65.1% vs 65.3% prior
- Full time -9.4% vs -18.5K prior
- Part time +63.0K vs 85.1K prior
- Average hourly wages for permanent employees 4.00% vs 4.00% prior
There were a pair of weak reports in July/August followed by a pair of strong ones in Sept/Oct, leaving everyone guessing what the real trajectory of hiring in Canada is. This report provides an emphatic answer. It’s another big jobs gain and a tumble in the unemployment rate. The fall in joblessness is flattered by declining participation but it still runs in the opposite direction of what markets were expecting.
The Bank of Canada had already indicated a shift to the sidelines but now it might be time to start talking about when it’s time to hike rates.
This also might be a gamechanger for the Canadian dollar, which is at a one-month low now and threatening the October low.
This article was written by Adam Button at investinglive.com.
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CAD employment report will be released at the bottom of the hour. What levels are in play?
The Canada jobs report will be released at 830 with the employment change expected at -5.0 K versus 66.6 K last month. The unemployment rate is expected to tick up to 7.0% from 6.9%. The full-time employment last month came in at -18.5 K. The part-time employment search by 85.1 K. Finally the participation rate came in at 65.3% last month.
Traders have taken the USDCAD lower over the last 8 or so days, keeping the price below the 100 hour moving average in the process. However, the price decline has also stalled near the 50% midpoint of the move up from the mid September low at 1.39367. The current price is trading at 1.3935 just ahead of the release.
On the topside the 100 hour moving average and swing area between 1.3968 and 1.3975 will be a key barometer to get above and stay above if the buyers are to stay in control. On the downside the 100 day moving average at 1.3901 and the 200 day moving average at 1.3888 are key targets to get below to increase the bearish bias.
The video above outlines the key levels and explains the “whys” from a technical perspective.
This article was written by Greg Michalowski at investinglive.com.
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The USD is mixed to start the NA session. What are the technicals telling traders?
The USD has seen moves lower today and than back higher in trading today. The moves have tested some key technical levels in the EURUSD, USDJPY and GBPUSD in the process.
In this video, I kickstart the North American session by breaking down those technicals that are in play in the consolidation trading seen today. What will kickstart a move higher or lower for each of those currency pairs today or going forward?
The US stocks are marginally higher. The big news is Netflix is set to acquire Warner Bros with a purchase price around $30 per share (currently new $24.77 ahead of the announcement. The stock is halted).
The futures are currently implying:
- Dow up 50 points
- S&P up 12.63 points
- Nasdaq up 81 points.
IN the US debt market, yields are marginally higher to start the day:
- 2 year yield 3.535%, +0.5 basis points
- 5 year yield 3.686%, +0.4 basis points
- 10 year yield 4.115%, +0.8 basis points
- 30 year yield 4.775%, +1.2 basis points
Looking at other markets:
- Crude oil is trading near unchanged at $59.70
- Gold is up $23.50 at $4231.22
- Silver is up $1 and $58.08
- Bitcoin is down $885 and $91,218
Canada jobs report will be released at 8:30 AM ET with employment change at -5.0 K versus 66.6 K last month. Report rate is expected to tick up to 7.0% from 6.9%.
US personal income is expected to rise by 0.3% for the month of September. PCE for September is expected to rise by 0.3% with the core up 0.2%. Year on year is expected at 2.8 and 2.9% respectively.
The preliminary University of Michigan sentiment index for December is expected to come in at 52.0 versus 51.0 last month. The current conditions is expected to rise to 51.3 from 51.1 while the expectations index is expected at 51.2 versus 51.0.
This article was written by Greg Michalowski at investinglive.com.
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QQQ: Found buyers after double three pattern
In this technical article, we are going to talk about another Elliott Wave trading setup we got in Invesco NASDAQ ETF. Recently the ETF made a clear three-wave correction. The pull back completed as Elliott Wave Double Three pattern and made a decent rally.
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