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European Central Bank confirms July rate hike plans, raises inflation projections significantly
European Central Bank confirms July rate hike plans, raises inflation projections significantlyAnnual consumer price inflation across the 19-member euro area hit a fresh record high of 8.1% in May.Following its […] This post is only…
Oil prices face big volatility as spare capacity dries up
Oil prices face big volatility as spare capacity dries upAfter more than a year of pressure from the United States and other top oil consuming countries, OPEC+ finally agreed to […] This post is only…
Conservatives, NDP push Liberal government to take more action against inflation
Conservatives, NDP push Liberal government to take more action against inflationFederal opposition parties are pressing the government to do more to curb inflation before Parliament rises for the summer, although there is […] This post is only…
Before the Bell: June 6
Before the Bell: June 6EquitiesWall Street futures were higher early Monday after modest losses last week. European markets gained in morning trading. TSX futures were also up alongside positive global […] This post is only…
Asia-Pacific stocks decline; private survey on Chinese services activity for May ahead
Asia-Pacific stocks decline; private survey on Chinese services activity for May aheadAsia-Pacific stocks declined in Monday morning trade.China’s Caixin Services Purchasing Managers’ Index is set to be out at 9:45 […] This post is only…
Economic Calendar: June 6
Economic Calendar: June 6 Monday June 6China PMI and foreign reserves==Tuesday June 7Japan household spendingGermany factory orders(8:30 a.m. ET) Canada’s merchandise trade balance for April.(8:30 a.m. ET) U.S. goods and […] This post is only…
Norway oil and gas workers threaten strike, some crude output at risk
Norway oil and gas workers threaten strike, some crude output at riskAt least 647 Norwegian oil workers plan to strike from June 12 if state-brokered wage mediation fails, labour unions […] This post is only…
US economy sees solid job growth in May as payrolls jump by 390,000
US economy sees solid job growth in May as payrolls jump by 390,000The U.S. economy continued to see healthy job growth in May, indicating the labor market is still strong despite growing […] This post is only…
The close: Stocks rise, U.S. bond yields fall, as traders brace for employment data
The close: Stocks rise, U.S. bond yields fall, as traders brace for employment dataGlobal equity markets rose on Thursday after lower-than-expected private payrolls data stirred hopes that the American economy […] This post is only…