China on Friday struck back at the U.S tariffs imposed by President Donald Trump with a slew of countermeasures including extra levies of 34 per cent on all U.S. goods […]
Author: Consultant
April 4/25: TSX drops over 4% as North American indexes continue to fall after China retaliates against U.S. tariffs
Global markets slid further and North American indexes were on track for another day of crushing losses Friday after China responded to U.S. President Donald Trump’s latest set of tariffs […]
Canada sheds 33,000 jobs in March as trade war rattles labour market
Canada shed 33,000 jobs in March, the worst month for the labour market in three years, as the threat of U.S. tariffs weighed on business confidence and slowed hiring.Job declines […]
U.S. Private Sector Job Growth Exceeds Estimates In March
Private sector employment in the U.S. increased by more than expected in the month of March, according to a report released by payroll processor ADP on Wednesday.ADP said private sector […]
Apr. 2 /25: U.S. Crude Oil Inventories Unexpectedly Surge By 6.2 Million Barrels
A report released by the Energy Information Administration on Wednesday unexpectedly showed a sharp increase by U.S. crude oil inventories in the week ended March 28th.The EIA said crude oil […]
Apr 1 /25: Oil Prices Pull Back Off Five-Week High
The price of crude moved to the downside during trading on Tuesday, giving back ground after surging to its highest closing level over a month on Monday.After spiking $2.12 or […]
Apr 1/25: Gold Shows Modest Move To The Downside After Recent Spike
After moving sharply higher over the past few sessions, the price of gold showed a modest move back to the downside during trading on Tuesday.Gold for April delivery edged down […]
Eurozone Inflation Slows To 2.2% Boosting ECB Rate Cut Speculation
Euro area inflation eased in March largely due to a slowdown in the services costs growth and strengthened the calls for further interest rate cuts from the European Central Bank.The […]
U.S. Manufacturing Activity Contracts In March After Two Months Of Growth
Activity in the U.S. manufacturing sector contracted in March after two consecutive months of expansion, according to a report released by the Institute for Supply Management on Tuesday.The ISM said […]