Author: Consultant

Economic Calendar: June 6 Monday June 6China PMI and foreign reserves==Tuesday June 7Japan household spendingGermany factory orders(8:30 a.m. ET) Canada’s merchandise trade balance for April.(8:30 a.m. ET) U.S. goods and […]

Norway oil and gas workers threaten strike, some crude output at riskAt least 647 Norwegian oil workers plan to strike from June 12 if state-brokered wage mediation fails, labour unions […]

US economy sees solid job growth in May as payrolls jump by 390,000The U.S. economy continued to see healthy job growth in May, indicating the labor market is still strong despite growing […]

The close: Stocks rise, U.S. bond yields fall, as traders brace for employment dataGlobal equity markets rose on Thursday after lower-than-expected private payrolls data stirred hopes that the American economy […]

Gold Rises On Inflation WorriesGold edged higher on Thursday as inflation and recession worries persist.Spot gold rose 0.4 percent to $1,854.22 per ounce, while U.S. gold futures were up half […]

China central bank to step up policy implementation to support economyChina’s central bank will strengthen the implementation of its prudent monetary policy and bring forward steps to support the economy, […]

Saudi, OPEC may make up for Russian oil output loss as Biden visit loomsSaudi Arabia and other OPEC members may boost oil output to offset a drop in Russian production, […]

Canada’s big banks expect billions in added income following interest rates hikeCanada’s big banks expect to earn billions of dollars in added income from interest charges over the next year […]

Oil Rallies On China Demand OptimismOil prices rallied on Wednesday amid expectations of firmer fuel demand from China, as Shanghai formally ended its two-month citywide lockdown and a private survey […]