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Author: Consultant
U.S. crude oil tumbles below $75 a barrel after OPEC delays meeting
PUBLISHED WED, NOV 22 2023 8:27 AM U.S. crude prices fell more than 4% Wednesday after the Organization of Petroleum Exporting Countries delayed a pivotal meeting on production cuts that was scheduled […]
Here are the key takeaways from Canada’s budget update
Finance Minister Chrystia Freeland released a budget update that showed the Canadian government plans $20.8 billion in net new costs over six years focused on priorities including affordable housing and […]
Gold registers weekly gain on Fed pause bets
PUBLISHED FRI, NOV 17 20231:32 AM ESTGold prices held steady on Friday but registered a big weekly gain as the dollar and Treasury yields weakened amid growing expectations that the […]
Oil Futures Settle Slightly Lower Ahead Of Inventory Data
Published: 11/21/2023 3:29 PM ETCrude oil futures settled slightly lower on Tuesday after posting gains in the previous two sessions.Traders are awaiting the upcoming meeting of OPEC+, scheduled to take place […]
TSX Comes Off 2-month High, Ends 0.7% Down
Published: 11/21/2023 5:27 PM ETAfter ending the previous session at a 2-month high, the Canadian market turned in a weak performance on Tuesday, despite data showing a drop in consumer price […]
Gold Futures Settle Lower Despite Weak Dollar
Published: 11/17/2023 2:10 PM ETDespite the dollar’s weakness amid easing concerns about interest rates, gold futures failed to hold early gains and settled lower on Friday.The dollar index dropped to 103.95, […]
Oil Futures End Session On Firm Note, But Post Sharp Weekly Loss
Published: 11/17/2023 3:11 PM ETCrude oil futures ended sharply higher on Friday, but the most active futures contract still posted its fourth straight weekly loss amid concerns about the outlook for […]
Canadian dollar weakens as oil hits four-month low
The Canadian dollar CADUSD +0.26%increase weakened against its U.S. counterpart on Thursday, giving back some recent gains, as oil prices tumbled and the rally in equity markets lost some momentum.The loonie was trading […]