Bonds surge and Asian stocks are expected to jump as US CPI eases bets on more Fed rate hikes. Gold and copper prices rise. Treasury yields slide as soft CPI boosts the view that the Fed is done hiking rates. Cathie Wood predicts negative US inflation rate in 2024. Nvidia adds $200 billion to its value. Canada to review Glencore deal for Teck Coal Mines . Flybondi plans Brazil expansion after SPAC deal. US court ruling revives fight over solar panel tariff waiver .
Ottawa extends deadline for underused housing tax. Surveys show women less likely to request a raise or negotiate salary. Many Canadians are financially stressed and tech workers make 46% less than their US counterparts
Source: News Formal (newsformal.com)
Bonds Surge Asian Stocks Jump US CPI Fed Rate Hikes Gold Copper Treasury Yields Cathie Wood Negative Inflation Rate Nvidia Glencore Teck Coal Mines Flybondi Brazil Expansion SPAC Deal US Court Ruling Solar Panel Tariff Waiver Ottawa Underused Housing Tax Surveys Women Raise Negotiate Salary Canadians Financially Stressed Tech Workers
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Gold and Copper Rise as US CPI Eases Bets on More Fed HikesGold and copper prices increase as the US CPI data suggests that there may not be further interest rate hikes by the Federal Reserve. Treasury yields also slide due to the soft CPI data, indicating that the Fed may be done with raising rates.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Bitcoin Plunges in Deeper Correction as Stocks Surge on Fed Rate Hike SpeculationThe deeper correction that analysts had been warning about hit the crypto market on Tuesday as Bitcoin (BTC) underwent a selloff that briefly erased all of its gains over the past week before dip buyers arrived to push it back above support at $35,500.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Stocks and Bonds Rally as Traders Bet That Fed Hikes Are DoneStocks and bonds rally as traders speculate that the Federal Reserve will not raise interest rates. The TSX index increases by 1.6% due to strength in finance and base metals. The S&P 500 rises by 2% as investors believe the 'Fed is done' and U.S. yields decline. The PGA Tour announces plans to offer equity ownership to players. The SEC celebrates $5 billion in penalties after a year of cracking down on cryptocurrency. Low-cost airline Flybondi plans to expand into Brazil after a SPAC deal. A U.S. court ruling revives the fight over solar panel tariff waivers. Oil prices continue to rise on positive fuel consumption signals. Crypto exchange Blockchain.com raises $110 million at a lower valuation. Ottawa extends the deadline for an underused housing tax. Surveys show that women are less likely than men to request a raise or negotiate salary. Many Canadians are facing financial difficulties and stress. Canadian tech workers earn 46% less than their U.S. counterparts.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Treasury Yields Slide as Soft CPI Boosts View Fed Is Done Hiking RatesTreasury yields slide as soft CPI boosts view Fed is done hiking rates. Cathie Wood predicts US inflation rate will turn negative in 2024. Nvidia adds $200 billion as winning streak set to match record. Canada to 'carefully' review Glencore deal for Teck Coal Mines. Australian dealmakers rush to save $24 billion worth of deals. Israel latest: Gaza hospitals in focus as Biden urges restraint. Meta has more Wall Street fans than ever as rally nears 300%. Alphabet CEO Pichai grilled on record-keeping at Google Play trial. Investors are covering their short bets, sending stocks higher. Ottawa extends deadline for underused housing tax. Women less likely than men to request a raise, negotiate salary: surveys. Many Canadians 'uncomfortably close to broke': MNP. Many Canadians stuck in 'chaotic whirlwind of personal finance stress': Edward Jones. Canadian tech workers make 46% less than U.S.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Ontario tightens masking rules in long-term care homes amid COVID-19 surgeThe Ontario government has tightened masking rules in long-term care homes amid a surge of COVID-19 cases. There have been over 7,000 confirmed cases among residents and staff since August, with 106 deaths. There are currently 105 ongoing outbreaks in long-term care homes across the province.
Source: ottawasuncom - 🏆 4. / 92 Read more »
The Importance of Surge Protectors for Electronic DevicesSurge protectors act as a first line of defence against power surges, protecting sensitive electronic devices from potential damage, data loss, or failure. They are not limited to thunderstorms and power spikes, but are helpful in various scenarios and cater to a wide range of users. Homeowners can significantly benefit from surge protectors to safeguard their valuable electronics.
Source: nationalpost - 🏆 10. / 80 Read more »