Monthly Archives: July 2025
After maintaining the policy rate at 2.75%, the Bank of Canada’s Governor addresses the media
Written on July 30, 2025 at 8:47 pm, by
Bank of Canada holds rate at 2.75% amid trade uncertainty; Canadian economy shows resilience and adjustments.
Major US indices closed mixed, with NASDAQ gaining while others, including Dow and S&P, declined
Written on July 30, 2025 at 8:26 pm, by
NASDAQ rose slightly, while S&P, Dow, and Russell 2000 fell amid Fed’s cautious rate stance.
The USDCAD has surpassed its 100-day moving average, indicating a potential trend reversal.
Written on July 30, 2025 at 8:26 pm, by
USDCAD breaks above 100-day moving average, signaling bullish momentum and potential upward trend continuation.
In June, the year-on-year change in pending home sales in the US was -2.8%
Written on July 30, 2025 at 8:18 pm, by
Pending home sales fall; strong US data boosts dollar; gold slips; Fed and BoC hold rates steady.
In June, the United States recorded a 0.8% decline in Pending Home Sales, underwhelming projections
Written on July 30, 2025 at 8:16 pm, by
US Dollar strengthens on robust data; gold, AUD, EUR fall; Ripple steady; BoC holds interest rate.
Market reactions followed Powell’s balanced comments, highlighting concerns over inflation, consumer spending, and job growth
Written on July 30, 2025 at 7:58 pm, by
Economic stability persists, though inflation and tariffs raise concerns; employment strong but risks and uncertainties loom.
Powell addressed Fed policy, confirming the economy’s strength, with minimal market shifts following.
Written on July 30, 2025 at 7:56 pm, by
Fed holds rates steady; dissent surfaces. Inflation, job data crucial for future moves. Markets fall, dollar strengthens.
Quarterly earnings for Watsco fell short of expectations, reporting $4.52 per share instead of $4.84
Written on July 30, 2025 at 7:48 pm, by
Watsco misses earnings and revenue estimates, posting $4.52 EPS and $2.06B revenue for the quarter.
The Bank of Canada maintained its interest rate at 2.75%, fulfilling anticipated expectations
Written on July 30, 2025 at 7:47 pm, by
Bank of Canada holds rate at 2.75% as U.S. dollar strengthens amid steady Fed policy decisions.
The Federal Reserve maintains the interest rate, despite dissent from two members regarding adjustments
Written on July 30, 2025 at 7:27 pm, by
Fed holds rates steady; inflation elevated, growth slows. Dissenters prefer cut; markets rise ahead of decision.
