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The Department of Defense’s priorities for the next five years call for protected and prioritized investments in weapon technology and new capabilities.
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Today, long-awaited, crucial event for the future of the American Dollar – Jackson Hole Symposium. Speech from Jerome Powell to be precise. Today is the day, where we should find out the FED’s sentiment towards the USD and their outlook on the monetary policy.
Market attention might stay over Canadian June MoM Retail Sales figures. On the daily chart, ATR depicted 66 pips volatility forecast for the day.
A scheduled FED Chair Powell speech from the Jackson Hole symposium is the main event of the day. He may feel Trump over his shoulder…
US Weekly Jobless Claim data and Markit PMI data release remain at the center stage for Thursday. On the Canadian side, the June MoM Wholesale Sales data will come out at around 12:30 GMT.
It’s a busy day ahead as the markets react further to the FOMC meeting minutes. Chatter from Jackson Hole may overshadow the stats…
Cable continued to stay consolidated near 1.1264 level on Wednesday. Upbeat July Canadian Consumer Price Index (CPI) remained as the primary driver that lifted the CAD currency.
The Trump administration floated the sale of fighter jets to Taiwan. In an $8 billion deal, Lockheed Martin plans to sell 66 F-16 fighters to Taiwan.
Cree's (CREE) robust product portfolio remains a key catalyst. Also, its cost cutting measures and recovery in utilization rates acts as a tailwind.
The major focus for the day would remain over the July Canadian CPI data release and FOMC minutes. Since the start of August, the USD/CAD had hardly made a move below the Ichimoku Clouds until today.
Consistency and diversity of operations and increased focus on delivering consumer-centric strategic business solutions ensure persistent profitability for Omnicom (OMC).
On the weekly chart, the USD/CAD pair had recently crossed below a 1-year old slanting support line, signaling reversal trend. Later today, the market would witness the release of the API Weekly Crude Oil Stock Change calculated since August 16.
The RBA looks set to hold on rates near-term. For the day ahead, a lack of stats will leave the markets exposed to any trade war chatter.