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Media Coverage

U.S. dollar touches 3-week high; yen up on renewed trade uncertainty

Published on Financial Post November 13, 2019

“While today’s relatively nondescript report won’t have a large impact on expectations about monetary policy at the Bank of Canada, it does add some weight, on the margin, to the view the Bank could cut rates in next few months,” said Don Curren, market strategist, at Cambridge Global Payments.

Read the article here. 

The AOL of Crypto?

Published on Wealth Professional Canada November 12, 2019

Facebook’s proposed Libra crytocurrency could be the product that takes digital currency from the fringes to the mainstream, writes Daniil Saiko.

Read the article here.

The week that was: November 4-8

Published on Wealth Professional Canada November 11, 2019

Sean Coakley, market strategist at Cambridge Global Payments, got on the phone with WP to explain why advisors ought to preserve capital after last week’s decisions by the fed to cut rates and the Bank of Canada to hold steady. Read the article here: https://bit.ly/32A5xlk

Why advisors should preserve capital after central bank decision

Published on Wealth Professional Canada November 4, 2019

Sean Coakley, market strategist at Cambridge Global Payments, told Wealth Professional that he thinks that despite a resilient assessment of the Canadian economy from the BoC, Canadian advisors should take defensive positions and keep an eye on US indicators beyond interest rates. Read the article here: https://bit.ly/2JIASvt

Bank of Canada holds key rate steady

Published on Yahoo Finance Canada November 1, 2019

“The statement didn’t explicitly indicate that Canada’s central bank is considering rate cuts in the near future, but its emphasis on the continuing vulnerability of the Canadian economy to global uncertainty was enough to prompt currency traders to drag the Canadian unit down from its lofty perch near its highs for the year before the statement,” said Don Curren, market strategist at Cambridge Global Payments.

Read the Yahoo Finance Canada article here: https://yhoo.it/2pnnNko

 

Latest U.S. GDP data could lead to shift in language from the Fed today: Strategist

Published on BNN Bloomberg October 31, 2019

Karl Schamotta, chief market strategist at Cambridge Global Payments, joins BNN Bloomberg to weigh in on the latest U.S. GDP data, which saw the U.S. economy expand more than forecasted in the third quarter. GDP expanded at a 1.9 per cent annualized rate. Watch it here: https://bit.ly/333hlgT

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