Gold prices rose to touch a new record high on Tuesday, as investors turned to the safe-haven asset ahead of U.S. President Donald Trump’s planned announcement of sweeping tariffs on […]
Category: Uncategorized
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Mar 31: Oil steadies near $75 as market weighs tariffs, sanctions
Oil prices steadied near five-week highs on Tuesday as threats by U.S. President Donald Trump to impose secondary tariffs on Russian crude and attack Iran countered worries about the impact […]
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Economic Calendar: March 31 – April 4
Monday March 31 Japan industrial production and retail sales China PMI Germany retail sales and CPI Earnings include: Pizza Pizza Royalty Corp.; Sigma Lithium Resources Corp. — Tuesday April 1 […]
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Mar 28: Trump says call with Carney was ‘extremely productive’
U.S. President Donald Trump wrote in a social media post that he and Prime Minister Mark Carney spoke this morning, describing the conversation as “extremely productive.” In a Truth Social post, […]
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Production chaos from U.S. tariffs already hurting Canadian companies, auto parts makers warn
A lead representative of Canada’s automotive parts sector is warning that U.S. President Donald Trump’s latest tariff plans would decimate vehicle production on both sides of the border, causing business […]
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U.S. consumer spending rebounds in February; core inflation firmer
U.S. consumer spending rebounded in February, likely lifted by higher prices, which could amplify fears that the economy was facing a period of tepid growth and high inflation amid an […]
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Canada’s GDP expanded by 0.4% in January as tariff impact looms
Canada’s gross domestic product grew by 0.4 per cent on a monthly basis in January as economic activity continued the momentum of the last few of months, data showed on […]
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Gold rises as fears mount over Trump’s reciprocal tariff plans
Gold prices rose on Thursday as U.S. auto tariffs ratcheted up global trade tensions ahead of an April 2 deadline for reciprocal tariffs from the world’s largest economy. Spot gold rose […]
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Trump threatens ‘far larger’ tariffs if EU and Canada unite to do ‘economic harm’ to the U.S.
U.S. President Donald Trump has threatened to impose “far larger” tariffs on the European Union and Canada if they work together to combat trade tariffs. “If the European Union works […]