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After an unimpressive 2.8% Social Security cost-of-living adjustment (COLA) this year, followed by months of high inflation, you’re not alone in hoping that the 2027 COLA will bring better news. We’re still a few months away from the official announcement, but projections have already been circling for nearly a year. The Senior Citizens League (TSCL),…
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts buyers for the second straight day on Tuesday as escalating US-Iran tensions and the standoff over the Strait of Hormuz continue to fuel supply concerns. The commodity is now looking to build on the momentum beyond the 100-day Simple Moving Average (SMA)…
European shares are closing mostly higher on Friday, but the gains were not enough to erase losses for most of the major indices this week. The broader STOXX 600 is also on pace for a weekly decline as elevated bond yields and oil prices continue to weigh on sentiment. European closing levels: German DAX, +0.59%…
The semiconductor sector is undergoing a reset and has a tendency to underperform in the third quarter.
Prior Q1 +0.3% Canada GDP Q2 annualized 3.3% vs 3.4% estimate Implicit price QoQ 2.5% vs 1.2% last quarter GDP MoM for June 0.3% vs 0.2% estimate. Prior month 0.3%. Preliminary July estimate 0.0% Solid growth.The USDCAD is trading in a narrow range with the price maintaining between a cluster of MAs with the price…
