Published: 11/21/2023 5:27 PM ETAfter ending the previous session at a 2-month high, the Canadian market turned in a weak performance on Tuesday, despite data showing a drop in consumer price […]
Author: Consultant
Gold Futures Settle Lower Despite Weak Dollar
Published: 11/17/2023 2:10 PM ETDespite the dollar’s weakness amid easing concerns about interest rates, gold futures failed to hold early gains and settled lower on Friday.The dollar index dropped to 103.95, […]
Oil Futures End Session On Firm Note, But Post Sharp Weekly Loss
Published: 11/17/2023 3:11 PM ETCrude oil futures ended sharply higher on Friday, but the most active futures contract still posted its fourth straight weekly loss amid concerns about the outlook for […]
Canadian dollar weakens as oil hits four-month low
The Canadian dollar CADUSD +0.26%increase weakened against its U.S. counterpart on Thursday, giving back some recent gains, as oil prices tumbled and the rally in equity markets lost some momentum.The loonie was trading […]
Calendar: Nov 20 – Nov 24
Monday November 20Germany producer prices(8:30 a.m. ET) Canadian construction investment for September.(10 a.m. ET) U.S. leading indicator for October. Analysts on the Street are projecting a decline of 0.6 per […]
TSX Snaps 5-day Winning Streak, Settle Slightly Down
Published: 11/16/2023 5:28 PM ETThe Canadian market ended flat on Thursday after moving in a tight band in cautious trade amid lingering concerns about global economic slowdown.Some none too encouraging quarterly […]
Oil Edges Lower On Signs Of Higher US Supply
ublished: 11/16/2023 4:58 AM ETOil prices edged lower on Thursday after data showed a sharp increase in U.S. crude stockpiles and a significant jump in crude production.Investors also fretted about prolonged […]
Contra Guys: Why Bank of Nova Scotia is a buy
Has Benj lost it? Has he become a traitor after over 45 years of investing? Please do not come to that conclusion as he carefully considers whether he should buy […]
Canadian Market Up Sharply On All-round Buying After U.S. Inflation Data
Published: 11/14/2023 12:20 PM ETThe Canadian market is up sharply on Tuesday with stocks across the board gaining significant ground in positive territory thanks to strong buying interest. Softer than expected […]