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June 27: Gold Pulls Back Sharply As Safe Haven Demand Subsides
Gold fell sharply on Friday, slipping to a nearly one-month low as investors move to riskier assets amid a backdrop of easing geopolitical tensions.Front Month Comex Gold for July plunged […] This post is only…
Canada’s annual inflation rate unchanged at 1.7% in May, core measures slightly ease
Canada’s annual inflation rate in May was unchanged from the previous month at 1.7 per cent as drop in gasoline costs continued to keep the overall index stable while prices of shelter, food and […] This post is only…
Statistics Canada reports April retail sales up 0.3 per cent at $70.1 billion
OTTAWA — Statistics Canada says retail sales rose 0.3 per cent to $70.1 billion in April, helped by gains in sales at new and used car dealers.However, the agency says […] This post is only…
Ottawa unveils steel and aluminum measures to counter U.S. tariffs
Prime Minister Mark Carney on Thursday announced a series of measures to protect the Canadian steel and aluminum industries from the impacts of recently doubled U.S. tariffs, including steep anti-dumping quotas for foreign products […] This post is only…
Sobeys parent Empire beats profit growth estimates, raises dividend
Grocery retailer Empire Co. Ltd. EMP-A-T +7.76%increase beat analysts’ estimates for profit growth in the fourth quarter, reporting that its store chains such as FreshCo and Sobeys took market share from competitors.The Stellarton, […] This post is only…
June 18: Oil prices keep climbing in Asian trade as Iran-Israel conflict enters sixth day
Oil prices rose in Asian trade on Wednesday, extending a 4 per cent gain from the previous session on worries that the Iran-Israel conflict could disrupt supplies.Brent crude futures rose 26 cents, or […] This post is only…
Oil prices rise 3% after Trump threatens Iran’s leader, calls for unconditional surrender
Crude oil futures rose about 3% Tuesday, after President Donald Trump demanded Iran’s unconditional surrender and threatened its Supreme Leader Ayatollah Ali Khamenei.The U.S. crude oil contract for July delivery increased […] This post is only…
Economic Calendar: June 9 – June 13
Monday June 9China foreign reserves, aggregate yuan financing, new yuan financing, trade surplus, CPI and PPIJapan GDP and bank lending(10 a.m. ET) U.S. wholesale inventories for April.=====Tuesday June 10Japan machine […] This post is only…
U.S. job growth slows in May as tariff uncertainty continues, unemployment rate steady at 4.2%
U.S. job growth slowed in May amid headwinds from tariff uncertainty, while the unemployment rate held steady at 4.2 per cent, potentially giving the Federal Reserve cover to delay resuming interest rate […] This post is only…