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Oil prices edge up as summer demand hopes offset downbeat Chinese data
Oil edged higher on Monday as hopes for a boost to demand from the summer driving season in the northern hemisphere offset Chinese data that underscored a bumpy recovery for […] This post is only…
Calendar: June 17 – June 21
Monday June 17China retail sales, industrial production and fixed asset investmentJapan core machine ordersEuro zone labour costs(8:15 a.m. ET) Canadian housing starts for May. Estimate is an annualized rate rise […] This post is only…
National Bank’s deal for Canadian Western Bank is a no-brainer on strategy – it’s the price that’s hard to stomach
For all the hype around corporate mergers and acquisitions, a good number are ugly ducklings dressed up as visionary projects. Executives love to talk about synergies and value propositions, but […] This post is only…
Strong imports drive surprise U.S. crude stock build; fuel inventories also rise
U.S. crude stockpiles rose unexpectedly last week, driven largely by a jump in imports, while fuel inventories also increased, the Energy Information Administration (EIA) said on Wednesday.Crude inventories rose by […] This post is only…
U.S. inflation cooled in May in sign that price pressures may be easing
Inflation in the United States eased in May for a second straight month, a hopeful sign that a pickup in prices that occurred early this year may have passed. The […] This post is only…
Closing Bell (June 11): Canadian Natural Resources Ltd. down on Tuesday (CNQ)
Canadian Natural Resources Ltd. opened trading today at $48.63 and closed at $48.92. prices ranged from a low of $47.87 to a high of $49.22.Shares boosted 0.23 percent from the […] This post is only…
Freeland says broad strokes of capital-gains tax hike haven’t changed, details coming Monday
The federal government isn’t changing the broad strokes of its capital-gains tax hike, Finance Minister Chrystia Freeland says, despite a pressure campaign from the country’s top business groups and lead […] This post is only…
Calendar: June 10 – June 14
Monday June 10China aggregate yuan financing and new yuan loansJapan real GDP and banking lendingItaly industrial production—Tuesday June 11Japan machine tool orders(8:30 a.m. ET) Canadian building permits for April. Estimate […] This post is only…
U.S. unemployment rate up slightly as economy adds far more jobs than expected in May
U.S. job growth accelerated far more than expected in May, keeping the Federal Reserve on track to hold off starting to cut interest rates until September at the earliest.The Labor […] This post is only…