By Arjun Sethi, Kraken co-CEO Kraken was founded 15 years ago as a high-performance crypto exchange built for professional traders. From the beginning, the company focused on deep liquidity, reliable execution, and infrastructure capable of operating through extreme market volatility. That operating philosophy shaped how the business evolved from exchange to financial infrastructure. Rather than…
China’s RatingDog PMI Services edged down from 52.1 to 52.0 in December, marking the lowest level in six months and extending the slowdown in growth momentum for a fourth consecutive month. According to Yao Yu, founder of RatingDog, the sector ended the year with a “modest growth, high expectations” profile. Survey responses showed an improvement…
Week in review The US stock markets started 2026 on a high note, with the S&P 500 and Nasdaq rallying on the first trading day thanks to renewed investor confidence. Technology companies led the comeback, with giants like Nvidia and Broadcom posting strong gains after a few difficult days at the end of December. Although…
Canadian Highlights Canada’s economy starts 2026 under a cloud as underlying domestic demand remains weak. Trade losses with the U.S. have been primarily offset by gains in resource, metals, and agricultural trade, while key manufactured goods still face tariff challenges. Building on positive momentum while addressing key underlying issues will be critical for success in…
Labour market data will be back in focus next week with the dual release of Canadian and U.S. December employment reports on Friday, the first major Canadian data release of 2026 and an important input ahead of the Bank of Canada’s January policy decision. After a series of firmer-than-expected labour market prints through the fall,…
US PMI Manufacturing was finalized at 51.8 in December, easing from November’s 52.2 and marking the weakest expansion in the current five-month growth stretch. While activity remains in growth territory, the slowdown points to fading momentum as the sector heads into 2026. According to S&P Global Market Intelligence, output continued to rise in December, implying…
The US Dollar has just concluded one of its toughest years in recent memory, correcting approximately 10% from its early 2025 highs of 110.00. Yet, even after a rough final month of trading, the Greenback is beginning to flash signs of a potential rebound. The implications of this shift are significant. A new year often…
Key takeaways Silver’s 2025 surge was exceptional but stretched: XAG/USD gained 159% in 2025, driven by safe-haven flows and strong industrial demand, yet the late-December sell-off and extreme positioning have raised near-term bubble concerns. No major secular top yet, but a medium-term peak likely in place: The Silver/Gold ratio and distance from the 200-day MA…
Global Equity Funds Saw Strong Flows in Final Week of 2025 Global stock funds attracted $26.54 billion in new investments this week, continuing a strong buying trend following a massive $37 billion inflow the previous week. This enthusiasm comes after the global market gained nearly 21% in 2025, its best performance since 2019. American stock…
UK PMI Manufacturing was finalized at 50.6 in December, up from November’s 50.2 and marking a 15-month high. The reading confirmed continued expansion, though it was revised lower from the initial estimate of 51.2, tempering the strength of the signal heading into 2026. Data from S&P Global Market Intelligence showed output rising for the third…