More from Bank of Canada's Rogers:
- BOC is not yet talking about reducing rates
- Does expect house prices will likely come off a bit more
More from Bank of Canada's Rogers:
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AI stocks like NVDA ($5T mkt cap) show high valuations. BofA suggests gold & China stocks as hedges against a potential AI bubble burst.
Canada backs $4.6B critical minerals push, aiming to cut China's rare earth dominance. Traders eye new supply chain risks & opportunities.
Healthcare stocks lag S&P 500 (4.8% vs 15.9%), but AI & M&A could spark rebound. P/E discount ~30%.
US coal exports down 14% as China halts imports; production up 6% on gas prices, not policy.
Bitcoin down 4% in 'Uptober', ETH drops 10%. Fed caution & tariffs spooked traders, but Q4 could see record highs.
Nikkei 225 futures surge past 52,000! Traders eye volume shifts and open interest drops.
Big Oil hikes output despite glut fears. Exxon & Chevron hit records, but $60/bbl oil tests profitability. OPEC exports rise.
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