Latest News
China’s deflation could spill over into a global concern, economists say
Beijing’s deteriorating economic fundamentals have become starkly apparent in recent months, with July’s data broadly missing expectations. China’s headline consumer price index fell 0.3% year-on-year in July to register deflation […] This post is only…
TSX Ends On Firm Note; Technology, Materials Shares Rally
Published: 8/23/2023 5:49 PM ETThe Canadian market ended on a firm note on Wednesday, aided by strong gains in technology, materials, financials and real estate stocks.Several stocks from utilities, consumer discretionary and […] This post is only…
Oil Prices Fall On Fuel Demand Concerns
Published: 8/23/2023 5:40 AM ETOil prices were moving lower on Wednesday as weak business activity reports from Asia and Europe stoked concerns over waning demand.The downside remained capped somewhat as bullish inventory data […] This post is only…
Gold Edges Higher As Investors Await Powel’s Speech
Published: 8/23/2023 5:52 AM ETGold prices inched higher on Wednesday, the dollar traded mixed against rivals and bond yields retreated as traders looked ahead to the Jackson Hole symposium at the […] This post is only…
Calendar: Aug 21 – Aug 25
Monday August 21, Germany producer prices (8:30 a.m. ET) Canada’s new housing price index for July. Estimate is an increase of 0.2 percent from June and down 0.6 percent year-over-year.Earnings […] This post is only…
Aug 15 The close: TSX drops the most in 10 months as inflation data spooks investors
Canada’s main stock market posted on Tuesday its biggest decline since October after hotter-than-expected domestic inflation data and U.S. retail sales numbers fanned concerns of more interest rate hikes.The Toronto […] This post is only…
Canadian inflation jumps in July, raising prospect of another interest rate hike
Canada’s annual inflation rate surged more than expected to 3.3 per cent in July as core measures eyed by the central bank remained stubbornly high, data showed on Tuesday, increasing […] This post is only…
Cargojet reports second-quarter profit and revenue down from year ago
Cargojet Inc. CJT-T +8.79%increase reported net income of $31.1-million in its latest quarter, down from $160.9-million in the same quarter last year as its revenue moved lower.The air cargo company said Monday its […] This post is only…
Calendar: What investors need to know for the week ahead
Monday August 14(10:30 a.m. ET) Bank of Canada Senior Loan Officer Survey for Q2.Earnings include: Africa Oil Corp.; Boralex Inc.; Cargojet Inc.; Premium Brands Holdings Corp.–Tuesday August 15China industrial production, […] This post is only…