Search Results for: Bank of Canada
Early Market Review: Oil prices fell as on Monday reversed increases last Friday
March 19th, 2018
Oil prices fell on Monday as increased drilling in the United States pointed to more output, raising concerns about a return of oversupply. U.S. West Texas Intermediate (WTI) crude futures were at $62.02 a barrel at 0350 GMT, down ...
Japanese yen rose, Euro was flat, Gold inched up, Asian stocks advanced: Review
March 8th, 2018
Asian stocks advanced as worries surrounding a trade war dissipated and U.S. equities recouped losses. The dollar steadied and Treasuries ticked higher. Equities rose from Tokyo to Sydney, with shares in Hong Kong outperforming. Earlier, the S&P 500 Index ...
Brent crude oil rises to $70
January 15th, 2018
Brent crude oil prices rose to $70 a barrel on Monday, supported by ongoing output cuts led by OPEC and Russia, and ignoring a rise in U.S. and Canadian drilling activity that points to higher future output in North ...
Australian Dollar Jumped, Euro Was Steady; Key Financial Events In The Coming Days
December 5th, 2017
The Australian dollar jumped on stronger-than-expected retail sales data and comments on inflation from the central bank. Stocks in Asia traded mixed as investors assessed gains spurred by the passage of the U.S. tax cuts in the Senate that ...
U.S. Oil Prices Dipped On Increased Drilling
November 27th, 2017
U.S. oil prices dipped on Monday, easing from two-year highs on the prospect of increased U.S. output, although global markets were slightly better supported by expectations an OPEC-led supply cut would be extended. U.S. West Texas Intermediate (WTI) crude ...
What Drives The Oil Prices Rise
November 22nd, 2017
Oil prices rose on Wednesday as ongoing cuts of piped Canadian crude to the United States added to falling U.S. crude inventories, while expectations of a prolonged OPEC-led production cut also offered support. U.S. West Texas Intermediate (WTI) crude ...
Cryptocurrency is hot commodity as Bitcoin reaches record-high value
November 20th, 2017
Cryptocurrency is a digital currency with no physical form or intrinsic value, but is an increasingly hot commodity as Bitcoin, its most well-known iteration, flirts with a record high. Bitcoin, the self-proclaimed original decentralized digital currency, is hovering around ...
Dollar moved to one-week top against a basket of currencies
October 18th, 2017
Asian shares consolidated recent gains and currencies kept to tight ranges on Wednesday as investors waited to see what policies might emerge from China’s Communist Party conference. The twice-a-decade congress is expected to cement the power of President Xi ...
The forthcoming global crisis
September 22nd, 2017
The global economy is now in an expansionary phase, with bank credit being increasingly available for non-financial borrowers. This is always the prelude to the crisis phase of the credit cycle. Most national economies are directly boosted by China, ...
European stocks close highs; Investors look on FED’s meeting on Tuesday and Wednesday
September 19th, 2017
European stocks close highs; Portugal wins back investment grade status; EDF up 2.1% The pan-European Stoxx 600 was up 0.33 percent at the close with most sectors and major bourses in positive territory. Portugal’s stocks outperformed after the euro ...
