The Canadian Dollar (CAD) surged to an eight-month high against the US Dollar (USD) on Thursday, sending the USD/CAD currency pair plummeting to levels not seen since October of last year. The latest catalyst driving this upswing was the release of softer-than-expected US Producer Price Index (PPI) inflation data for May.  The weaker print dented the Greenback, reinforcing growing Federal Reserve (Fed) rate cut expectations and providing the Loonie with ample momentum. This article from Fimatron explains the topic thoroughly, offering expert guidance throughout. CAD Strengthens as US Inflation Disappoints The headline US PPI rose just 0.2% month-over-month, compared to...

Gold (XAU/USD) continues to dominate market headlines as it rallies for a second consecutive day, propelled by a risk-off sentiment, weaker-than-expected US economic data, and escalating geopolitical tensions in the Middle East.  The yellow metal is currently trading at $3,386, flirting with the psychologically significant $3,400 threshold. Fimatron offers a comprehensive analysis of the subject in this in-depth piece. Fed Rate Cut Expectations Lift Bullion One of the key catalysts behind gold’s latest upward surge is growing speculation of monetary easing by the Federal Reserve (Fed). Investors are increasingly pricing in the possibility of interest rate cuts, as incoming US...

The EUR/USD currency pair has staged a significant rally, climbing over 0.70% on Thursday as a disappointing US PPI report, combined with fresh tariff threats from the US President, triggered a broad selloff in the US Dollar (USD).  The pair traded at 1.1575 at the time of writing, within striking distance of the nearly three-year high of 1.1631 reached earlier in the week. The brokers at Fimatron provide a detailed breakdown of this topic in their latest article. Disinflation Narrative Pressures the Greenback The primary catalyst for the EUR/USD surge was the latest release from the US Bureau of Labor...

The market faced a jolt after the recent escalation between Israel and Iran, but investors seem to be taking a more optimistic stance as tensions settle. The conflict sent oil prices soaring, triggering a temporary risk-off sentiment, but stocks are showing signs of recovery.  On Monday, June 16, S&P 500 futures rose by 0.5%, indicating that investors are cautiously re-entering the market. Meanwhile, Brent crude oil prices experienced a significant drop of 0.4% after an initial surge of 5.5%, as the situation in the Middle East appears to be contained for now. Lead Financial Analyst Jason Price at Maverix-Global takes...

While IBM and Google continue to dominate the headlines with their ambitious plans for quantum computing, D-Wave Quantum Inc. (Nasdaq: QBTS) has emerged as a surprising investment winner. The company has seen its stock soar by an astounding 1,343.6% over the past year, marking a sharp contrast to the broader market’s struggles.  D-Wave’s success highlights an important shift in quantum technology, as its quantum annealing approach offers practical solutions for optimization problems that are already delivering results for businesses today. This analysis, curated by Josh Williams, a finance expert at Maverix-Global, dives into the explosive growth of D-Wave and explores...