Stocks bounce as investors raise rate hike expectationsU.S. stocks rebounded Tuesday as traders digested Federal Reserve Chair Jerome Powell’s latest rate hike comments.The Dow Jones Industrial Average rose about 255 […]
Author: Consultant
Zebedee steps down as LNG Canada CEO, will join Suncor Energy as a vice-president
Zebedee steps down as LNG Canada CEO, will join Suncor Energy as a vice-presidentPeter Zebedee is stepping down as LNG Canada chief executive officer to join Suncor Energy Inc. as […]
Traders bet on an aggressive Fed and predict half-point rate hikes in May, June
The Fed is expected to reach 2.25% on the fed funds rate by the end of the year and a peak of 2.75% by September 2023, according to futures.Traders are […]
CP to restart operations after arbitration agreement
CP Rail to restartCanadian Pacific Railway Ltd and union Teamsters Canada Rail Conference have agreed to a binding arbitration over a labour dispute, allowing for operations to resume from Tuesday […]
European stocks head for lower open as Ukraine war, inflation weigh on sentiment
European stocks are expected to open lower on Tuesday as investors continue to monitor the war in Ukraine and economic developments in the United States.European stocks are expected to open […]
Saudi Arabia says it ‘won’t bear any responsibility’ for a shortage of oil supplies
Saudi Arabia says it ‘won’t bear any responsibility’ for a shortage of oil supplieshttps://www.foxnews.com/world/saudi-arabia-responsibility-oil-prices
Before the Bell: March 21
Before the Bell: March 21EquitiesWall Street futures were uneven early Monday as crude prices remain volatile and investors cautiously watch developments in Ukraine. Major European markets were choppy. TSX futures […]
Saudi Arabia says it ‘won’t bear any responsibility’ for oil shortages after Houthi attacks affect production
Saudi Arabia says it ‘won’t bear any responsibility’ for oil shortages Saudi Arabia said Monday it “won’t bear any responsibility for any shortage in oil supplies to global markets” after […]
Oil markets could lose 3 million barrels a day of Russian crude next month, IEA warns
Oil markets could lose 3 million barrels a day of Russian crude next month, IEA warnsLONDON — Oil markets could lose three million barrels per day (bpd) of Russian crude […]