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 […]
Author: Consultant
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 […]
Canadian Market Ends Modestly Higher
Published: 1/12/2024 5:32 PM ET | Despite coming off early highs, the Canadian market ended on a positive note on Friday, lifted by gains in technology, materials and energy sectors.Investors digested U.S. producer price […]
As earning season begins, the next hurdle for the bull market is here
Inflation has backed off from its highs, the economic outlook has picked up, and U.S. stocks have rallied toward fresh records, bringing Canadian stocks with them. But at least one […]
Jan 11The close: Stocks climb as megacaps lead; U.S. inflation data, earnings on deck
U.S. stocks closed higher on Wednesday as megacaps rallied, but gains were limited ahead of inflation reports and major bank earnings later in the week. Canadian stocks eked out a […]