Oil prices settled 1% lower on Friday due to macroeconomic concerns and profit taking, but rose about 30% in the quarter as OPEC+ production cuts squeezed global crude supply.Front-month Brent […]
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Economic Calendar: Oct 2 – Oct 5
Monday October 2Canada’s National Day of Truth and Reconciliation (stock markets open, bond markets closed)China, China and Euro zone manufacturing PMI(9:30 a.m. ET) Canada’s S&P Global Manufacturing PMI for September.(9:45 […]
Can China’s economy reverse a sluggish 2023 in the last quarter? Here’s what to watch
The months ahead are set to bring more clarity on China’s economic outlook and any government support — especially for real estate. “Probably in half a year, we are going […]
Canadian Stocks Rebound From Recent Losses; TSX Ends 0.8% Up
Published: 9/28/2023 5:24 PM ETAfter declining sharply in the previous two sessions, the Canadian market turned in a positive performance on Thursday with several stocks moving higher on bargain hunting.Consumer discretionary, […]
TSX Ends Weak For 2nd Straight Day
Published: 9/27/2023 5:58 PM ETThe Canadian market ended notably lower for a second successive session, as stocks tumbled on Wednesday amid rising concerns about interest rates and the outlook for global […]
Enbridge’s $4.6-billion equity sale raises hopes for revival in Canadian ECM issuance
A recent $4.6-billion capital raise by Enbridge ENB-T -1.23%decrease and a raft of new U.S. deals have spurred optimism for a revival in Canadian equity capital markets (ECM) issuance, bankers and lawyers said.Enbridge’s […]
Sept 26 AM at the open: Resource stocks push TSX lower
Canada’s main stock index opened lower on Tuesday after a fall in commodity prices weighed on energy and materials stocks as demand concerns from China mounted while investors get ready […]
Canada Energy Regulator rules in favour of Trans Mountain pipeline route deviation
The Canada Energy Regulator has approved Trans Mountain Corp.’s application to modify the pipeline’s route, a decision that could spare the government-owned pipeline project from an additional nine-month delay.The regulator […]
Congress remains divided on budget negotiations as government shutdown looms: ‘Our financial ship is sinking’
Congress is still in a stalemate on the federal budget as GOP hard-liners refuse to budge on further spending cuts. “I don’t know what to think,” said Senate Majority Whip […]