Stocks have moved sharply lower in morning trading on Wednesday, adding to the modest losses posted in the previous session. The major averages have all moved to the downside, with […]
Author: Consultant
Oil prices hit multi-month highs on tightening supply
Aug 1, 2023 Oil prices rallied to a fresh three-month high on Monday and recorded their steepest monthly gains since January 2022, supported by signs of tightening global supply and […]
ALTAGAS REPORTS SECOND QUARTER 2023 RESULTS
RESULTS BY SEGMENTNormalized EBITDA (1) (2)Three Months EndedJune 30($ millions)20232022Utilities102116Midstream134163Sub-total: Operating Segments236279Corporate/Other3(3)$ 239$ 276(1)Non‑GAAP financial measure; see discussion in Non‑GAAP Financial Measures section of this new release.(2)In the third quarter of 2022, Management […]
Markets Brace For Key Data Releases
Published: 8/1/2023 7:07 AM ETMarket sentiment remained mixed ahead of key data releases lined up for the week. Manufacturing PMI and Job Openings data from the U.S are due later in […]
Dock workers at key Canadian ports reject labor deal, creating further trade uncertainty
West Coast membership of the International Longshoremen and Warehouse Union of Canada voted down a tentative deal late Friday in a two-day vote The ILWU, Canada chapter is calling on […]
Calendar: July 31 -Aug 4
Monday, July 31China releases purchasing managers indexes for July. Japan releases June retail sales and industrial production data, plus July consumer confidence.Euro area releases real GDP for second quarter, plus […]
Gold Futures Settle Higher As Dollar Turns Weak
Published: 7/28/2023 3:06 PM ETGold futures settled higher on Friday as the dollar turned weak after data on personal consumption expenditure indicated a slowdown in U.S. inflation.The data has helped ease […]
Oil Futures Settle Higher, Post 5th Straight Weekly Gain
Published: 7/28/2023 3:31 PM ETOil prices climbed higher on Friday, and the most active gold futures contract posted gains for the fifth straight week, amid easing U.S. recession fears, and on […]
U.S. price and wage increases slow further in latest signs of cooling inflation
Signs that inflation pressures in the United States are steadily easing emerged Friday in reports that consumer prices rose in June at their slowest pace in more than two years […]