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Author: Consultant
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 […]
Economic Calendar: April 28 – May 2
Monday April 28China industrial profitsGermany 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 federal electionEarnings include: Domino’s Pizza […]
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, were […]
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.Gold for […]
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 stock […]
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.A […]
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.Spot […]
Bank of Canada holds key interest rate steady at 2.75% amid U.S. trade uncertainty
The Bank of Canada held its benchmark interest rate steady at 2.75 per cent on Wednesday, hitting pause on its easing campaign after seven consecutive cuts.The bank held off publishing a […]