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Bloomberg: US Stocks Rally With Boost From Microsoft’s Surge; Chips Jump

"The chairman’s comments delivered a “credibility shock,” according to Corpay Cross-Border Solutions strategist Karl Schamotta, as Warsh said that “‘this Fed will not waver’ in its commitment to lowering inflation.

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By Cross-Border
Jul 30, 2026
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ausbiz: Is the bottom in for the Australian Dollar?
Cross-Border

ausbiz: Is the bottom in for the Australian Dollar?

In his latest interview with ausbiz, Peter Dragicevich, at Corpay, discusses how the Australian Dollar has been hit from all sides, with a bout of risk aversion, interest rate differentials, and weaker Chinese growth weighing on the currency.

Dollar steady as Fed's Powell says higher rates may be needed
Cross-Border

Dollar steady as Fed's Powell says higher rates may be needed

"On balance, this is a modestly less hawkish speech than markets had feared," said Karl Schamotta, chief market strategist at Corpay in Toronto.

The weakness in China has been a long time coming: Strategist
Cross-Border

The weakness in China has been a long time coming: Strategist

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg to discuss oil prices that continue to fall for the third day on worries about Chinese demand. He also talks about loonie and the U.S. dollar.

ausbiz: Has the aussie dollar found its base?
Cross-Border

ausbiz: Has the aussie dollar found its base?

In his latest interview with ausbiz, Peter Dragicevich, APAC Currency Strategist at Corpay Cross-Border Solutions, zeroed in on how the Aussie dollar is performing.

US Treasury yields hit 16-year high on fears over interest rate outlook
Cross-Border

US Treasury yields hit 16-year high on fears over interest rate outlook

“The US economy continues to defy widespread scepticism, with upside surprises coming at a steady clip and pushing yields higher”

US dollar holds modest gains, offshore yuan rises as Jackson Hole is in view
Cross-Border

US dollar holds modest gains, offshore yuan rises as Jackson Hole is in view

“The dollar does look like it is still the cleanest dirty shirt on the global economic landscape..."

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