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Category: Uncategorized
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U.S. crude oil tumbles below $75 a barrel after OPEC delays meeting
PUBLISHED WED, NOV 22 2023 8:27 AM U.S. crude prices fell more than 4% Wednesday after the Organization of Petroleum Exporting Countries delayed a pivotal meeting on production cuts that was scheduled […]
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Here are the key takeaways from Canada’s budget update
Finance Minister Chrystia Freeland released a budget update that showed the Canadian government plans $20.8 billion in net new costs over six years focused on priorities including affordable housing and […]
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Gold registers weekly gain on Fed pause bets
PUBLISHED FRI, NOV 17 20231:32 AM EST Gold prices held steady on Friday but registered a big weekly gain as the dollar and Treasury yields weakened amid growing expectations that […]
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Oil Futures Settle Slightly Lower Ahead Of Inventory Data
Published: 11/21/2023 3:29 PM ET Crude oil futures settled slightly lower on Tuesday after posting gains in the previous two sessions. Traders are awaiting the upcoming meeting of OPEC+, scheduled to […]
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TSX Comes Off 2-month High, Ends 0.7% Down
Published: 11/21/2023 5:27 PM ET After ending the previous session at a 2-month high, the Canadian market turned in a weak performance on Tuesday, despite data showing a drop in consumer […]
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Gold Futures Settle Lower Despite Weak Dollar
Published: 11/17/2023 2:10 PM ET Despite the dollar’s weakness amid easing concerns about interest rates, gold futures failed to hold early gains and settled lower on Friday. The dollar index dropped […]
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Oil Futures End Session On Firm Note, But Post Sharp Weekly Loss
Published: 11/17/2023 3:11 PM ET Crude oil futures ended sharply higher on Friday, but the most active futures contract still posted its fourth straight weekly loss amid concerns about the outlook […]
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Canadian dollar weakens as oil hits four-month low
The Canadian dollar CADUSD +0.26%increase weakened against its U.S. counterpart on Thursday, giving back some recent gains, as oil prices tumbled and the rally in equity markets lost some momentum. The loonie was […]