Bank of Canada Contemplates Fed Rate Cut: Macklem and Economists Weigh in on What to ExpectIn a testimony before the House of Commons finance committee, Bank of Canada Governor Tiff Macklem emphasized that Canadian interest rates do not necessarily need to mirror those of the United States or global benchmarks. However, Macklem underscored the importance of maintaining rates within a reasonable range relative to international standards and Rate-cut expectations from [...] READ MORE Canada’s March Inflation Rises: Possible Interest Rate Cut in JuneMarch 2024 saw significant changes in Canada's inflation picture that could lead to changes in monetary policy. According to the latest report from Statistics Canada, the annual Consumer Price Index (CPI) in March increased to 2.9%, driven by increases in shelter costs and gas prices. Despite this headline rise, core inflation, which excludes volatile items [...] READ MORE FX Updated: Canada’s Monthly Market InsightsThe FX market changes or upgrades quite frequently and it is vital to stay informed of the recent happenings to be a pro in this field. In Canada’s foreign reserves, the government authorities recently made a substantial upgrade. As announced by the Canadian Government, a five-year US-dollar global bond has been introduced, which resulted in [...] READ MORE Analyzing Rate Cut Expectations: Insights on CanAm Bullion’s RadarThere are indications from the Bank of Canada about the monetary policy shift anticipated in June this year. The rate cut expectations from the Bank of Canada came out after the aggressive rate hikes to curtail inflation in the country. Although previous increased interest rates effectively controlled inflation, they also hampered economic growth. The first [...] READ MORE Exploring Royal Canadian Mint Coins: Values, Selling Locations, and Investment InsightsThe Royal Canadian Mint holds a significant place in Canada's history, being responsible for the production of coins, bullion, and commemorative items. Established in 1908, it played a vital role in shaping Canada's currency. Over the years, the mint has been recognized for its iconic products, such as the Canadian Silver Maple coin, known for [...] READ MORE Zimbabwe’s new gold-backed currency, the ZiG, is on a rollBacked by gold and foreign currencies, Zimbabwe’s fledgling currency has steadily risen in its debut week of trading, with an outsize gain on Thursday. After launching on Monday at $13.56 to the U.S. dollar, the Zig or Zimbabwe Gold, and was trading at $13.45 on Thursday, according to the Reserve Bank of Zimbabwe’s website. That marks […] READ MORE Silver Will Be GONE In The Blink Of An Eye…There’s A LOT LESS Than People Think!In this video, Alan Hibbard explores the current trends and future outlooks in the gold and silver markets, emphasizing the dramatic price increases, the scarcity of tradable silver compared to gold, and the surging demand from both retail and institutional investors. He covers the impact of inflation on these metals, legislative changes affecting their purchase, […] READ MORE US weekly jobless claims fall more than expected; continuing claims riseWASHINGTON, April 11 (Reuters) – The number of Americans filing new claims for unemployment benefits fell more than expected last week, suggesting that the labor market remained fairly tight, though it could be taking longer for some laid off workers to land new jobs. Initial claims for state unemployment benefits dropped 11,000 to a seasonally […] READ MORE $100,000 In Gold Recovered In Fraud Investigation: East Hampton PolicePolice said an accused scammer identified himself as a Homeland Security agent and demanded payment from an East Hampton resident in gold. Two men accused of attempting to scam an East Hampton resident out of a large amount of gold were arrested last week, according to police. (Shutterstock) EAST HAMPTON, CT — Two men accused […] READ MORE 1 2 3 … 62 Next »
