The biggest oil traders and energy hedge funds speaking at the FT Commodities Global Summit struck a bullish tone despite banking jitters, and see a jump in oil prices by […]
Author: Consultant
U.S. Federal Reserve delivers small rate hike, says ‘some additional’ tightening possible
The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs amid […]
The close: Stocks in the green on bank bounce as Fed takes focus
Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking sector abated and market participants eyed the Federal Reserve, which is expected to conclude its […]
Canada’s inflation rate eases by most since early in the pandemic, but grocery costs still rising fast
Canada’s annual inflation rate fell to 5.2 per cent in February, the biggest drop since the early stages of the pandemic, although grocery prices are still climbing by more than 10 per […]
The Fed is likely to hike rates by a quarter point but it must also reassure it can contain a banking crisis
The Federal Reserve is expected to increase interest rates by a quarter point Wednesday, even with concerns about stress in the banking system. The central bank is also expected to […]
Nothing comes for free: What China hopes to gain in return for helping Russia
The visit by China’s president, Xi Jinping, to Moscow this week comes at a time when Russia, and President Vladimir Putin, look vulnerable. Analysts are questioning what price China could […]
March 21: Crude Oil Futures Rise For 2nd Straight Day, Settle Sharply Higher
Crude oil prices climbed higher on Tuesday, gaining for a second straight session, amid improving risk sentiment thanks to the coordinated efforts by major central banks to rescue troubled U.S. […]
March 21: TSX Ends On Strong Note
The Canadian market ended on a strong note on Tuesday, led by gains in healthcare, energy, technology and financials shares.The undertone was quite positive right through the day’s session amid […]
Oil prices fall to lowest since 2021 on banking fears
Oil prices dropped to their lowest in 15 months on Monday, driven down by concern that risks in the global banking sector and a potential increase to U.S. interest rates […]