Author: Consultant

The Canadian dollar CADUSD -0.31%decrease weakened against its U.S. counterpart on Thursday on the first trading day of 2025, but fared better than some other major currencies as oil prices rose and data […]

Monday January 6China, Japan, U.K. and Euro zone services and composite PMIGermany CPI(9:30 a.m. ET) Canada’s S&P Global Services PMI for December.(9:45 a.m. ET) U.S. S&P Global Services/Composite PMI for […]

Rogers Communications Inc. RCI-B-T +1.76%increase has slightly lowered its revenue expectations for 2024, blaming weaker performance in its media business during the final months of the year.The telecom company now expects its service […]

Canadian stocks tumbled on a severe bout of selling pressure on Wednesday, pushing the benchmark S&P/TSX Composite Index to a six-week low, as political uncertainty and fears of tariff war […]

The Dow Jones Industrial Average sank deeper into the history books on Wednesday, with the index posting its 10th straight losing day as a disappointing rate outlook by the Federal Reserve rocked the stock […]

The Federal Open Market Committee cut its overnight borrowing rate to a target range of 4.25%-4.5%, back to the level where it was in December 2022. “Today was a closer […]

U.S. crude stocks and distillate inventories fell while gasoline inventories rose in the week ending December 13, the Energy Information Administration (EIA) said on Wednesday.Crude inventories fell by 934,000 barrels […]

Monday December 16China industrial production, retail sales and fixed asset investmentJapan core machine orders and PMIEuro zone PMI and labour costs(8:15 a.m. ET) Canadian housing starts for November. Estimate is […]

The producer price index increased 0.4% for November, higher than the Dow Jones consensus estimate for 0.2%. However, excluding food and energy, core PPI increased 0.2%, meeting the forecast. First-time […]