The Canadian economy shrunk in February, but economists say bad weather was likely the larger culprit than uncertainty related to the trade war with the U.S. Statistics Canada said Wednesday […]
Author: Consultant
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OPEC+ to consider another accelerated oil output increase for June, sources say
Several OPEC+ members will suggest the group accelerates oil output hikes in June for a second consecutive month, three sources familiar with OPEC+ talks told Reuters, as a dispute worsens […]
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Economic Calendar: April 28 – May 2
Monday April 28 China industrial profits Germany retail sales (8:30 a.m. ET) Canadian wholesale trade for March. (10:30 a.m. ET) Bank of Canada’s Market Participants Survey for Q1. Also: Canadian […]
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Agnico: Q1 Earnings Snapshot
Agnico Eagle Mines Ltd. (AEM) on Thursday reported first-quarter profit of $814.7 million. The Toronto-based company said it had net income of $1.62 per share. Earnings, adjusted for non-recurring gains, […]
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Gold Pulls Back Sharply, Snaps Two-Week Winning Streak
| Published: 4/25/2025 2:30 PM ET | On the heels of the notable rebound seen in the previous session, gold futures showed a significant move back to the downside during trading on Friday. […]
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Celestica: Q1 Earnings Snapshot
Celestica Inc. (CLS) on Thursday reported first-quarter net income of $86.2 million. On a per-share basis, the Toronto-based company said it had net income of 74 cents. Earnings, adjusted for […]
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European Central Bank cuts interest rates, warns of ‘deteriorated’ growth outlook on trade tensions
The European Central Bank made yet another 25-basis-point interest rate cut on Thursday as global tariff turmoil has created widespread uncertainty and spurred fears about the euro zone’s economic growth. […]
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Apr 17/25: Gold prices retreat from record high as investors cash in
Gold prices pulled back from a record high on Thursday as investors booked profits following a rally driven by concerns around U.S. President Donald Trump’s latest wave of tariff policies. […]