Canadian monthly industrial production and GDP respectively contracted in April by 0.1% and 0.9%, respectively. The Bank of Mexico lowered the overnight interbank interest rate by an as-expected 50 basis points after yesterday’s scheduled policy meeting. The 4-1 decision drew one dissent against changing the rate’s level. Half-percentage point cuts had also been undertaken in […]
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In life we usually develop repetitive behavior: we wash our faces when we wake up (at least I hope you do!), we eat lunch around noon, we wash our hands after meals, and go to sleep at a specific time. We develop daily routines that help us get through the day. And as creatures of…
Devexperts has announced the launch of a new mobile interface for its flagship out-of-the-box trading platform, Dxtrade. The new interface, which is designed especially to enhance traders’ experience when using the platform on a mobile, features all basic trading functionalities. Jon Light, Head of OTC Platform at Devexperts, says: “At Devexperts we look to continuously improve our…
Tokenized gold is gaining traction in the world of digital assets. But what exactly is tokenized gold, and why are investors turning to it? More importantly, should you trade tokenized gold in 2025? Tokenized gold refers to a digital representation of physical gold. Each token is backed by a specific quantity of gold stored in…
The ISM Services index stepped up in September, registering 54.9, up from 51.5 in August and well ahead of the 51.7 print expected. This is the third consecutive month of improvement and the strongest print since February 2023. Twelve industries of eighteen reported growth in September, up from ten in August. The strong headline print…
It’s simple to get into the habit of eating only to satisfy our hunger in today’s hectic world—snacking on sweet snacks, grabbing a quick bite, or indulging in fast food without considering the effects on our bodies. However, this method doesn’t give our bodies the food they need, even though it could momentarily satiate our…
Trump’s trade war 2.0 narrative & steep sell-off in ASML spooked the performances of the major US stock indices on Tuesday, 15 October. Implied volatility in the US stock market, measured by the VIX tends to be highest in October based on data during past US presidential election years since 1992. VIX/MOVE ratio has started…