Extending the rally seen over the past several sessions, the price of crude oil showed another significant move to the upside during trading on Friday. Crude for October delivery surged […]
Category: Uncategorized
-
Oil rises to highest in over seven months on supply worries
Oil prices rose on Friday to their highest in over half a year and snapped a two-week losing streak, buoyed by expectations of tightening supplies. Saudi Arabia is widely expected […]
-
Gold Inches Higher On Dollar Weakness
Published: 9/1/2023 5:39 AM ET Gold inched higher on Friday and was on track for a weekly gain, as the dollar weakened and bond yields dipped on growing expectations that the […]
-
‘Rate hikes are over and done’: How today’s GDP surprise has shifted the views of economists and markets
OPINION Weaker-than-expected second-quarter gross domestic product data this morning has money markets pricing in stronger odds that the Bank of Canada is done hiking rates for this economic cycle. Canada’s economy unexpectedly […]
-
US economy adds 187,000 jobs in August while unemployment rate unexpectedly jumps
US economy adds 187,000 jobs in August while unemployment rate unexpectedly jumps | Fox Business
-
Canadian Imperial Bank: Fiscal Q3 Earnings Snapshot
Canadian Imperial Bank of Commerce (CM) on Thursday reported fiscal third-quarter earnings of $1.06 billion.The bank, based in Toronto, said it had earnings of $1.10 per share. Earnings, adjusted for […]
-
National Bank Q3 profit edges higher, provision for credit losses also up
National Bank of Canada reported its third-quarter profit edged higher compared with a year ago even as the money it set aside for bad loans in the quarter also rose. […]
-
Scotiabank Reports Q3 Profit Down, Provision For Credit Losses Up
Scotiabank reported that its third-quarter profit fell compared with a year ago as its provision for credit losses nearly doubled. The bank says its net income amounted to $2.21 billion, […]
-
BMO Financial Group Reports $1.45B Q3 Profit, Up From $1.37B A Year Earlier
BMO Financial Group reported its third-quarter profit edged higher compared with a year ago even as the amount it set aside for bad loans grew. The bank says it earned […]