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  • U.S. Service Sector Growth Accelerates More Than Expected In January

    Published: 2/5/2024 10:33 AM ET The Institute for Supply Management released a report on Monday showing U.S. service sector growth accelerated by more than expected in the month of January.The ISM said […]

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  • Gold Extends Losses After Powell’s Comments

    Published: 2/5/2024 5:20 AM ET | Gold prices fell notably on Monday, extending losses for a second straight session as the dollar and bond yields rose amid much uncertainty about the Federal Reserve’s […]

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  • Oil Marginally Lower As Dollar Hits Two-month High

     Published: 2/5/2024 5:08 AM ET | Oil traded slightly lower on Monday, following its biggest weekly drop since October.Brent crude futures dipped 0.3 percent to $77.12 a barrel, while WTI crude futures were […]

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  • Canadian Market Firmly Down In Negative Territory On Widespread Selling

     Published: 2/5/2024 12:05 PM ET | The Canadian market is down firmly in negative territory at noon on Monday with stocks from across several sectors reeling under sustained selling pressure.Materials stocks are down […]

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  • Economic Calendar: Feb 5 – Feb 9

    Monday Feb. 5China, Japan and Euro zone services and composite PMIGermany trade surplus(9:30 a.m. ET) Canada’s S&P Global Services PMI for January.(10 a.m. ET) U.S. ISM Services PMI for January.(10:30 […]

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  • Crude Slumps on Dollar Strength and Reduced Geopolitical Risks

    March WTI crude oil (CLH24) on Friday closed down -1.54 (-2.09%), and Mar RBOB gasoline (RBH24) closed down -4.73 (-2.16%).Crude oil and gasoline prices on Friday tumbled to 2-week lows […]

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  • Nat-Gas Prices Recover as Major Support Holds

    March Nymex natural gas (NGH24) on Friday closed +0.029 (+1.41%).Nat-gas prices Friday recovered from a 9-month nearest-futures low and closed moderately higher.  Fund short covering emerged in nat-gas futures Friday […]

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  • Gold Holds Steady Ahead Of US Jobs Report

    Published: 2/2/2024 5:01 AM ET | Gold held steady on Friday after climbing in the previous session on weak U.S. labor market data.Spot gold was marginally lower at $2,054.28 per ounce, while U.S. […]

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  • Oil Edges Higher But Heads For Weekly Drop

    | Published: 2/2/2024 4:49 AM ET | Oil ticked higher on Friday but headed for its biggest weekly loss since early November after reports that Hamas and Israel have come to an agreement on […]

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