Category: 5 Things Daily
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Oil Spike, Yields Soar, Investors Rinsed – 5 Things I Am Watching Today
1. Oil Just Exploded Higher Have you looked at oil lately? It’s up roughly 35% over the past 14 sessions. We warned that WTI could spike above $90 as soon…
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Inflation Risk- 5 Things I Am Watching Today
1. The War Continues to Shape the Market There isn’t any major economic data due today, but the war in the Middle East continues. It’s creating a lot of noise…
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Oil Rising, Inflation Cooling But Risks Are Building – 5 Things I Am Watching Today
1. Canada’s Inflation Cools But Is It Enough? Canadian inflation for the month of June came in cooler than expected. Great, right? Time to cut rates? Don’t be too quick…
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Bubble You Were Warned About – 5 Things I Am Watching Today
1. Housing Is Still Feeling the Pressure U.S. retail sales came in okay, but core retail sales declined. Canadian housing starts also came in slower than expected. Not shocking at…
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Bank Of Canada Day – 5 Things I Am Watching Today
1. All Eyes on the Bank of Canada Today’s Bank of Canada interest rate decision is the big event. A hold is very likely. However, the press conference and statement…
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Inflation Drops – 5 Things I Am Watching Today
1. Inflation Comes in Cooler Than Expected This morning, U.S. CPI was reported. Across the board, the numbers came in lower than expected. There are lots of questions right now,…
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I’d Hate To Be Bank Of Canada – 5 Things I Am Watching Today
1. War Is Back on the Radar War is back on. Trump is now calling for taking over the Strait of Hormuz. WTI is trading around $75, while Brent is…
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Quick Read Edition – 5 Things I Am Watching Today
1. Strong Canadian Jobs Report Canadian job numbers came in better than expected. A little over 11,000 jobs were expected. The actual number came in at 18,200. The unemployment rate…
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Quick Read With War Back On? 5 Things I Am Watching Today
1. War Is Back On? Watch Oil Trump says the MOU is over. This means if Trump’s rhetoric doesn’t change in the coming minutes or hours, then oil is going…
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Data Centers, Canadian Dollar- 5 Things I Am Watching Today
1. A Quiet Week, but Two Big Events Matter It’s a relatively slow week for economic data. However, there are two major events worth watching. First: The Federal Reserve’s meeting…
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U.S. Jobs Report – 5 Things I Am Watching Today
1. The U.S. Job Market Is Slowing, But Not Breaking The U.S. economy added 57,000 jobs in June, while the unemployment rate edged down to 4.2%, remaining largely unchanged. But…
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Canada’s GDP Surprise, Japan’s Currency Drama & Bitcoin Weakness: 5 Things I Am Watching Today
1. Canada’s Economy Avoids a Technical Recession? Canada’s GDP for the month of April came in hotter than expected, rising 0.5%. Looking at the early estimate for May, GDP is…
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Death Cross On Gold & More – 5 Things I Am Watching Today
1. A Quiet Day Before a Busy Week There isn’t much market-moving economic data today. Tomorrow, we get Canada’s monthly GDP report. Keep in mind that Canada is currently in…
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Iran Now A Tested Major Regional Power – 5 Things I Am Watching Today
1. The Fed Didn’t Move Rates, But the Message Changed The Federal Reserve didn’t cut rates or raise rates yesterday. However, there was one key takeaway: the next move could…