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Markets Brace For Key Data Releases
Published: 8/1/2023 7:07 AM ETMarket sentiment remained mixed ahead of key data releases lined up for the week. Manufacturing PMI and Job Openings data from the U.S are due later in […] This post is only…
Dock workers at key Canadian ports reject labor deal, creating further trade uncertainty
West Coast membership of the International Longshoremen and Warehouse Union of Canada voted down a tentative deal late Friday in a two-day vote The ILWU, Canada chapter is calling on […] This post is only…
Calendar: July 31 -Aug 4
Monday, July 31China releases purchasing managers indexes for July. Japan releases June retail sales and industrial production data, plus July consumer confidence.Euro area releases real GDP for second quarter, plus […] This post is only…
Gold Futures Settle Higher As Dollar Turns Weak
Published: 7/28/2023 3:06 PM ETGold futures settled higher on Friday as the dollar turned weak after data on personal consumption expenditure indicated a slowdown in U.S. inflation.The data has helped ease […] This post is only…
Oil Futures Settle Higher, Post 5th Straight Weekly Gain
Published: 7/28/2023 3:31 PM ETOil prices climbed higher on Friday, and the most active gold futures contract posted gains for the fifth straight week, amid easing U.S. recession fears, and on […] This post is only…
U.S. price and wage increases slow further in latest signs of cooling inflation
Signs that inflation pressures in the United States are steadily easing emerged Friday in reports that consumer prices rose in June at their slowest pace in more than two years […] This post is only…
Imperial Oil’s quarterly profit plunges 72% as production, prices drop
Canada’s Imperial Oil IMO-T +5.26%increase reported a 72 per cent drop in second-quarter profit on Friday as maintenance activity hit its production while a slump in energy prices further dented earnings.Global oil prices […] This post is only…
Canadian economy grew 0.3% in May, but looks to have contracted in June
The Canadian economy grew by 0.3 per cent in May despite downward pressure from wildfire-hit oil and gas production but it looks to have slowed in June, Statistics Canada said […] This post is only…
TC Energy shares sink on plans to spin off oil pipeline business
Shares of TC Energy TRP-T -5.12%decrease fell nearly 5 per cent on Friday after the Keystone pipeline operator said it would spin off its liquids business to focus on transporting natural gas.The spinoff, […] This post is only…