One Financial Markets

May 2, 2024 | onefinancialmarkets.com | Yasin Ebrahim

By Yasin EbrahimInvesting.com -- The Federal Reserve signaled interest rates could likely remain higher for longer than previously expected on stalling disinflation, but downplayed the possibility of rate hikes following an unchanged rate decision on Wednesday. In recent months, there "has been a lack of further progress toward the Committee's 2 percent inflation objective," the Federal Open Market Committee, the FOMC, said in a statement as it kept its benchmark rate in a range of 5.25% to 5.5%.

Jan 12, 2024 | onefinancialmarkets.com | Ketki Saxena

By Ketki SaxenaInvesting.com – The TSX tracked Wall Street lower after hotter-than-expected US CPI data further pushed out market expectations of rate cuts from the Fed, putting a damper on market sentiment. The headline US inflation print climbed to 3.4% on an annual basis in December, up from 3.1% in November, and compared to a forecast for a 3.2% reading.

Jan 10, 2024 | onefinancialmarkets.com | Ketki Saxena

By Ketki SaxenaInvesting.com -- Canada’s main stock index, the S&P/TSX Composite, tracked the S&P 500 and Dow lower as rising US Treasury yields and hawkish Fed speak weighed on sentiment ahead of key inflation data due later this week. Investing Pro Subscribers are the first to receive breaking news, analyst upgrades, and best buy ProPick recommendations. For an extra 10% discount, use Coupon: Canada2024. Don’t miss the New Year’s sale, for up to 60% off.

Jan 9, 2024 | onefinancialmarkets.com | Ketki Saxena

By Ketki SaxenaInvesting.com -- Canada’s main stock index, the S&P/TSX Composite tracked the S&P500 and Nasdaq higher by afternoon trading, as the Wall Street indices were boosted by megacaps and chip stocks. The Dow meanwhile was pressured by Boeing (NYSE:BA) shares, as the U.S. Federal Aviation Administration (FAA) ordered the grounding of some jets.

Jan 9, 2024 | onefinancialmarkets.com | Ketki Saxena

By Ketki Saxena Investing.com – The Canadian Dollar started the day on the back foot against its US counterpart, as crude prices weighed on the commodity linked loonie. In a day of up and down trading, the loonie faced pressure against most major currencies, but managed to more or less hold its against the US through the end of the trading day. Investing Pro Subscribers are the first to receive breaking news, analyst upgrades, and best buy ProPick recommendations.