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France coronavirus deaths surpass 100,000

The latest from France France reported that another 300 people died in hospital from covid-19 on Thursday, and that brings that tally just above 100,000. That's about 0.15% of the country's population, which is awful but it's also a reminder that it's much lower than feared a year ago.
Apr 15, 2021 Read more

Fed's Bostic: The FOMC won't preemptively slow economy to avoid overheating

Comments from Bostic The bulk of Bostic's comments surround systemic racism.
Apr 15, 2021 Read more

European equity close: Is there a better global equity chart than the FTSE 100?

Closing changes for the main European equity bourses: Is there a better global equity chart than the FTSE 100?
Apr 15, 2021 Read more

Canadian dollar isn't joining in the commodity fun

Canadian dollar the laggard this week Timing is everything. That's true in life, in trading and in analysis. The Canadian dollar is the worst-performing G10 currency this week. That's strange given the bounce in oil prices, rising commodities more broadly, strong US data and fresh records in stock markets.
Apr 15, 2021 Read more

Copper breakout: This time for real?

Is the consolidation over? Look at the title of this new report from Goldman Sachs. That's the kind of thing to get anyone's attention: "Without a surge in the use of copper and other key metals, the substitution of renewables for
Apr 15, 2021 Read more

Gold springs higher to break the March/April double top

Gold breaks the range to the upside Just when it looked like gold had formed a double top, it's broken out to the upside. Falling Treasury yields and the 'buy everything' mode in the markets at the moment have given a big lift to gold today. It's up $27 to $1763, which is the highest since
Apr 15, 2021 Read more

US NAHB home builders index 83 vs 84 expected

Home builder sentiment data These have flattened out but they remain very high relative to the last decade.
Apr 15, 2021 Read more

US February business inventories +0.5% vs +0.5% expected

US February business inventories
Apr 15, 2021 Read more

Italy cabinet approves stimulus worth 40B euros - report

Italy to keep the spending going This package was on Monday. The budget deficit target is 11.8% of GDP compared to 9.2% in January. rumored All this makes a mockery of the years of fighting in the EU over fractions of a point of deficits to GDP.
Apr 15, 2021 Read more

Strong start for US equities as tech leads the way

Stocks march higher in another show of strength The records continue to fall as stocks surge again: It's a 'buy everything' day with bonds also carrying a strong bid and most commodities higher.
Apr 15, 2021 Read more

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