Day: January 15, 2022

Jan 15
The winning classes in the Wikifin Quiz have been announced

This press release is not available in English, please consult the French or Dutch site. Source: FSMA

Jan 15
Ministers to offer virtual classes to secondary school students during Money Week

For its sixth edition, Money Week will resolutely take a digital turn. Today, Queen Mathilde has held a video chat with schoolchildren who were playing a budget game in class.  During Money Week, the Prime Minister and several federal government Ministers will teach an online class on a financial topic. Students will have a chance […]

Jan 15
Canadian securities regulators implement eight initiatives to reduce regulatory burden for investment funds

Montreal and Toronto – The Canadian Securities Administrators (CSA) today published amendments that implement eight initiatives to reduce regulatory burden for investment funds. The changes eliminate duplicative requirements, streamline regulatory approvals and processes, and codify frequently granted exemptions from certain requirements.  “These initiatives are wide-ranging and will result in cost and time savings to investment […]

Jan 15
Report Highlights Canadian Regulators’ Key Investor Education Initiatives

Montreal – The Canadian Securities Administrators’ (CSA) annual investor education activity report showcases securities regulators’ ongoing efforts to encourage Canadians to seek out reliable, unbiased information and make informed decisions when investing.    Providing investors with tools and resources to research new investments and avoid investment fraud are key topics covered in the CSA’s Investor […]

Jan 15
Dow falls 400 points as stocks open lower after weak retail sales, bank earnings

U.S. stocks opened lower Friday, under pressure after a much weaker-than-expected reading on December retail sales and earnings from major banks. The Dow Jones Industrial Average DJIA, -0.56% fell 400 points, or 1.1%, to 35,714, while the S&P 500 SPX, +0.08% dropped 0.8% to 4,624. The Nasdaq Composite COMP, +0.59% was down 0.5% at 14,739. […]

Jan 15
USDCAD, H4 I Potential Drop

Type: Bearish ReversalKey Levels:Resistance: 1.2606Pivot: 1.2547Support: 1.24574Preferred Case:With price moving below the Ichimoku cloud, we have a bearish bias that price will drop from our pivot at 1.2547 which is in line with horizontal overlap resistance and 38.2% Fibonacci retracement to 1st support at 1.24574, which is in line with horizontal overlap support and 100% […]

Jan 15
U.S. consumer sentiment falls close to 10-year low on inflation and omicron worries

The numbers: A survey of American consumer sentiment fell to 68.8 in January from 70.6 in the prior month owing to fresh worries about the coronavirus omicron variant and high inflation, signaling another rough patch for the economy. The latest reading in the University of Michigan sentiment index was the second lowest in the past […]

Jan 15
U.S. business inventories climb 1.3% in November

U.S. business inventories jumped 1.2% in November, the government said Friday. Sales rose 0.7% in the month. An increase in inventories adds to gross domestic product and is usually a sign of an expanding economy. The ratio of inventories to sales, meanwhile, rose to 1.25 from 1.24. That’s how many months it would take to […]

Jan 15
Ford stock lacks 'near-term upside,' RBC says on downgrade

Analysts at RBC Capital Markets have downgraded their rating on Ford Motor Co. F, +0.68% stock to the equivalent of hold, saying in a note late Thursday that despite their belief that the auto maker’s turnaround is “well underway” and Ford can continue to transition toward a future dominated by electric vehicles, autonomous vehicles, and […]

Jan 15
Growth Prospects Outside of US Pressure Greenback. How Long Will it last?

Dollar weakness this week is more attributable to improved growth prospects and yields on local non-US assets than to a breakdown in Fed policy expectations. In this regard, the dollar correction may be longer than expected as non-US yields driver apparently comes into the spotlight. Nevertheless, it is still premature to say that the dollar […]