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Gold Extends Slide On Profit Taking
Gold prices fell further from recent record highs on Friday despite a number of positive catalysts.Spot gold fell 0.7 percent to $3,092.92 per ounce in early European trade after hitting […] This post is only…
Oil Extends Selloff As Fears Of Recession Mount
Oil prices were down around 4 percent on Friday, and were on track for their worst week in months on concerns about a global recession that could weigh on oil […] This post is only…
U.S. payrolls rose by 228,000 in March, but unemployment rate increases to 4.2%
Nonfarm payrolls in March increased 228,000 for the month, up from the revised 117,000 in February and better than the Dow Jones estimate for 140,000. Health care was the leading […] This post is only…
Apr 4/25: China strikes back at Trump with own tariffs, export curbs
China on Friday struck back at the U.S tariffs imposed by President Donald Trump with a slew of countermeasures including extra levies of 34 per cent on all U.S. goods […] This post is only…
April 4/25: TSX drops over 4% as North American indexes continue to fall after China retaliates against U.S. tariffs
Global markets slid further and North American indexes were on track for another day of crushing losses Friday after China responded to U.S. President Donald Trump’s latest set of tariffs […] This post is only…
Canada sheds 33,000 jobs in March as trade war rattles labour market
Canada shed 33,000 jobs in March, the worst month for the labour market in three years, as the threat of U.S. tariffs weighed on business confidence and slowed hiring.Job declines […] This post is only…
U.S. Private Sector Job Growth Exceeds Estimates In March
Private sector employment in the U.S. increased by more than expected in the month of March, according to a report released by payroll processor ADP on Wednesday.ADP said private sector […] This post is only…
Apr. 2 /25: U.S. Crude Oil Inventories Unexpectedly Surge By 6.2 Million Barrels
A report released by the Energy Information Administration on Wednesday unexpectedly showed a sharp increase by U.S. crude oil inventories in the week ended March 28th.The EIA said crude oil […] This post is only…
Apr 1 /25: Oil Prices Pull Back Off Five-Week High
The price of crude moved to the downside during trading on Tuesday, giving back ground after surging to its highest closing level over a month on Monday.After spiking $2.12 or […] This post is only…