Canada’s annual inflation rate accelerated for the second month in a row, increasing pressure on the Bank of Canada to raise interest rates again shortly after it announced its second […]
Category: Uncategorized
-
Gold Futures Settle Higher As Dollar Weakens Ahead Of Fed Policy Meeting
Published: 9/18/2023 1:57 PM ET Gold futures settled higher on Monday as the dollar shed ground ahead of the Federal Reserve’s monetary policy meeting. The Fed, which is scheduled to announce […]
-
Oil prices rise on supply deficit concerns
Oil prices rose on Tuesday for a fourth consecutive session as weak U.S. shale output spurred further concerns about a supply deficit stemming from extended production cuts by Saudi Arabia […]
-
Cameco shares surge on uranium prices as governments warm to nuclear power
With its one-time pariah commodity back in vogue, one of Canada’s biggest mining companies is reaching valuations not seen in more than 15 years. Cameco Corp. CCO-T +0.04%increase is benefiting from a resurgence […]
-
Oil prices climb on supply concerns, recovery in demand in China
Oil prices rose for a third straight session on Monday, buoyed by forecasts of a widening supply deficit in the fourth quarter after Saudi Arabia and Russia extended cuts and […]
-
Economic Calendar: Sept 18 – Sept 22
Markets will be laser focused on the U.S. Federal Reserve this week, which is expected to keep the Fed funds target range unchanged at 5.25% to 5.50% after it was […]
-
Loblaw workers approve action to strike
More Canadian grocery workers may go on strike at the end of the month, according to reporting from CBC Radio-Canada. Employees at Real Canadian Superstore, No Frills, and Extra Foods in Manitoba […]
-
UAW strikes at GM, Ford, Stellantis plants after no new contract reached
The United Auto Workers union went on strike at three plants owned by the Big Three automakers – General Motors, Ford and Stellantis – after the two sides did not reach […]
-
China Industrial Output, Retail Sales Growth Improve In August
Published: 9/15/2023 12:24 AM ET China’s industrial production and retail sales growth improved more than expected in August, official data revealed on Friday. Industrial production posted an annual increase of 4.5 […]