Hawkish Bank of Canada Fail to Prevent Australian Rally 

Despite another interest rate hike from the Bank of Canada (BoC), a strengthening Canadian dollar was not enough to prevent the stellar uptick in the Australian dollar, as the AUDCAD…

Comments Off on Hawkish Bank of Canada Fail to Prevent Australian Rally 

All Eyes on UnitedHealth as Earnings Season Looms 

With the healthcare industry under pressure in the opening half of the year, all eyes turn to UnitedHealth Group Incorporated (NYSE: UNH) as their upcoming earnings release could resuscitate the…

Comments Off on All Eyes on UnitedHealth as Earnings Season Looms 

Gold Shining Bright Ahead of US Inflation Report 

After a sustained downturn in the spot price for gold (XAUUSD) on aggressive monetary policy from the Federal Reserve, the market is starting to turn, as a dovish repricing of…

Comments Off on Gold Shining Bright Ahead of US Inflation Report 

Deere & Company Gains Despite Economic Headwinds 

Deere & Company (NYSE: DE) reported impressive quarter two earnings results, with a 30% increase in sales to $17.4 billion; however, high inventory levels subdued investor sentiment. Despite inventory concerns,…

Comments Off on Deere & Company Gains Despite Economic Headwinds