The German DAX 30 index may lose ground in the near term on the back of the delayed ratification of the EU Recovery Fund and Chancellor Merkel’s ban on AstraZeneca’s Covid-19 vaccine.

The Canadian Dollar may extend gains against the Euro and Japanese Yen on the back of resilient oil prices, a hawkish shift in approach to monetary policy by the BoC and divergent vaccination rates.

The delayed ratification of the EU recovery fund, and increased pace of bond-buying by the European Central Bank, may lead to further losses for the Euro against its major counterparts in the near …

The forced liquidation of billions of dollars’ worth of US shares, and talk of tax hikes from the Biden administration may gnaw at market sentiment and weigh on US benchmark indices in the week ahead.

The Canadian Dollar may resume its period of dominance against the US Dollar in the near term on the back of the BoC’s hawkish shift and a rebound in crude oil prices. Softer-than-expected US PCE d…