Published: 1/15/2024 5:16 AM ET | Oil prices traded lower on Monday after surging more than 2 percent in the previous week to touch their highest intraday levels this year after the United […]
Author: Consultant
TSX Ends Modestly Higher For 2nd Straight Day
Published: 1/15/2024 4:38 PM ET | The Canadian market ended on a firm note on Monday, as stocks shrugged off a slightly weak start and moved higher in cautious trade.Shares from utilities, energy, […]
Gold Futures Settle Sharply Higher
Published: 1/12/2024 2:40 PM ET | Gold prices rose sharply on Friday amid an escalation in geopolitical tensions after the United States and the United Kingdom launched air strikes against military targets in […]
Economic Calendar: January 15 to January 19
Monday January 15U.S. markets closed (Martin Luther King Jr. Day)Japan machine tool ordersEuro zone industrial production and trade surplus(8:30 a.m. ET) Canadian manufacturing sales and orders for November. Estimates are […]
Suncor reports 808,000 barrels per day of upstream production in fourth quarter
Suncor Energy Inc. says its upstream production in the fourth quarter was 808,000 barrels per day, the second highest quarter in the company’s history.The Calgary-based company says the performance for […]
Nat-Gas Prices Soar as a Polar Vortex Engulfs the U.S.
February Nymex natural gas (NGG24) on Friday closed +0.216 (+6.97%).Nat-gas prices on Friday rallied sharply and are just below Tuesday’s 2-month high. NatGasWeather predicts that an arctic air mass will […]
Crude Prices Settle Higher on Heightened Geopolitical Risks in the Middle East
ebruary WTI crude oil (CLG24) on Friday closed up +0.66 (+0.92%), and Feb RBOB gasoline (RBG24) closed up +0.60 (+0.28%).Crude oil and gasoline prices Friday climbed to 2-week highs and […]
Bank CEOs expect further loan loss provisions in 2024
Canadian bank CEOs expect to put more money aside for potential bad loans this year but still see borrowers overall managing well through higher interest rates.RBC chief executive Dave McKay, […]
TD Bank executives knew about U.S. probe six months before disclosing it, report reveals
Toronto-Dominion Bank TD-T executives knew about an anti-money-laundering probe by the U.S. Department of Justice more than six months before the company publicly disclosed the investigation that derailed its acquisition of Tennessee-based […]