The Canadian dollar rallied again overnight, alongside the rest of the G-10 major currencies. Only JPY and CHF skipped the party. They opened close to unchanged from where they closed on Monday.
The Canadian dollar rally does not have anything to do with domestic influences. It is all due...
From Matthew Graham at Mortgage News Daily: Mortgage Rates Start Higher But Finish LowerMortgage rates pulled off a repeat performance of last Friday's intraday drama. The average lender began the day in higher territory as bond markets were weaker in the morning. Bonds recovered nicely and...
Barclays analyst Saket Kalia earlier today raised the firm's price target on Crowdstrike Holdings to $100 from $60 and keeps an Overweight rating on the shares ahead of tomorrow's results. Crowdstrike in midday trading is up 7% to $93.93. The analyst estimates $52M in net new annual recurring...
Canada's main stock index opened slightly higher on Monday, weighed by energy stocks on falling oil prices, as fears of low demand for crude offset the Organization of the Petroleum Exporting Countries and Russia considering extended production cuts.
The S&P/TSX Composite Index eked up 13...
Catch up on the weekend's top five stories with this list compiled by The Fly: 1. Amazon (AMZN) scaled back deliveries and adjusted routes in cities including Chicago and Los Angeles, Apple (APPL) kept some outlets shut, while Target (TGT) extended store closures nationwide after the death of...
The FDIC's official problem bank list is comprised of banks with a CAMELS rating of 4 or 5, and the list is not made public (just the number of banks and assets every quarter). Note: Bank CAMELS ratings are also not made public.CAMELS is the FDIC rating system, and stands for Capital adequacy,...
Note: Both Black Knight and the MBA (Mortgage Bankers Association) are putting out weekly estimates of mortgages in forbearance.From Black Knight: Mortgage Forbearance Volumes Flatten, Total Roughly Steady at 4.76MThe latest data from the McDash Flash Forbearance Tracker shows that forbearance...
Stocks closed lower on Thursday, erasing solid gains from earlier in the day, after President Donald Trump said he would be giving a news conference Friday regarding China.
The Dow Jones Industrials stumbled 96.43 points to 25,451.84, for its first losing day in the last three sessions. At its...
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On April 19, I did a post discussing the progress of various islands and quasi-islands. Let’s revisit what I said about those places:
1. Greenland had 11 cases, and now has zero. It was the first island to exterminate the virus.2. Faeroe Islands had 185 cases....
Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for a 2.100 million initial claims, down from 2.438 million the previous week.• At 8:30 AM, Gross Domestic Product, 1st quarter 2020 (Second estimate). The consensus is that real GDP...
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