According to analysts, there are growing risks of inflation becoming entrenched in the Canadian economy. This is because the increase in gas prices and of other consumer items is rendering the efforts of the Bank of Canada useless in terms…
On Thursday, the central bank in Argentina hiked up their interest rate, following the footsteps of some of the other global central banks in order to stave off the surging inflation in the country that has gone beyond 60%. The…
On Thursday, extended trading saw shares of Adobe shed as much as 5%, after the full-guidance put forward by the design software maker that did not live up to the expectations of analysts. Forecasts vs Expectations The company reduced its…
On Thursday, the Swiss National Bank (SNB) took the markets by complete surprise when it decided to increase its interest rate for the first time in the last 15 years. As a matter of fact, the bank reiterated that it…
The Bank of Japan is adamant when it comes to defending its yield cap, but investors are betting that the central bank will have to give into the global market forces. This opens up the possibility of it tweaking its…
Alonzo Powell