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Traders bet on an aggressive Fed and predict half-point rate hikes in May, June
The Fed is expected to reach 2.25% on the fed funds rate by the end of the year and a peak of 2.75% by September 2023, according to futures.Traders are […] This post is only…
CP to restart operations after arbitration agreement
CP Rail to restartCanadian Pacific Railway Ltd and union Teamsters Canada Rail Conference have agreed to a binding arbitration over a labour dispute, allowing for operations to resume from Tuesday […] This post is only…
European stocks head for lower open as Ukraine war, inflation weigh on sentiment
European stocks are expected to open lower on Tuesday as investors continue to monitor the war in Ukraine and economic developments in the United States.European stocks are expected to open […] This post is only…
Saudi Arabia says it ‘won’t bear any responsibility’ for a shortage of oil supplies
Saudi Arabia says it ‘won’t bear any responsibility’ for a shortage of oil supplieshttps://www.foxnews.com/world/saudi-arabia-responsibility-oil-prices This post is only available to members. If you are already a member then cleck here to Login log in
Before the Bell: March 21
Before the Bell: March 21EquitiesWall Street futures were uneven early Monday as crude prices remain volatile and investors cautiously watch developments in Ukraine. Major European markets were choppy. TSX futures […] This post is only…
Saudi Arabia says it ‘won’t bear any responsibility’ for oil shortages after Houthi attacks affect production
Saudi Arabia says it ‘won’t bear any responsibility’ for oil shortages Saudi Arabia said Monday it “won’t bear any responsibility for any shortage in oil supplies to global markets” after […] This post is only…
Oil markets could lose 3 million barrels a day of Russian crude next month, IEA warns
Oil markets could lose 3 million barrels a day of Russian crude next month, IEA warnsLONDON — Oil markets could lose three million barrels per day (bpd) of Russian crude […] This post is only…
CP Rail shutdown begins across the country as labour talks continue:
CP RAIL: The work stoppage comes at a bad time for Canada’s already strained supply chainCanadian Pacific Railway Ltd. is winding down operations across the country after the company and union […] This post is only…
Saudi Arabia is China’s top crude supplier again as Russian oil falls
Crude Oil – China & Saudi ArabiaSaudi Arabia regained the spot as China’s top crude supplier in the first two months of 2022, having been leapfrogged by Russia in December, […] This post is only…