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Source: Live Mint (Bloomberg) — Canada’s oil patch is entering the trade war with the US backed by the strongest pricing for its crude in four years, giving it a cushion against any potential declines and threatening high costs for American refiners and drivers. Western Canadian Select ended Tuesday at $9.85 a barrel below West…
Source: Live Mint On Tuesday—the worst day for the Indian markets since 28 February—benchmark indices tumbled more than 1.5%, reflecting jitters around the upcoming announcement and leaving investors poorer by more than ₹3.4 trillion. The S&P BSE Sensex dropped 1.8% to settle at 76,024.51, while peer Nifty 50 closed 1.5% lower at 23,165.70. After a…
Source: Live Mint Trade war and U.S. geopolitical shifts dominated Q1 World stocks flat overall but U.S. tech giants whacked Gold has had best quarter since 1986 Dollar on course for worst Q1 since GFC LONDON, – Most investors knew things could turn turbulent this year given U.S. President Donald Trump’s return to power in…
Source: Live Mint Expert view on markets: Dhiraj Relli, MD & CEO of HDFC Securities, believes the Indian stock market may outperform other global markets in the coming quarters. He expects the Indian economy to rebound strongly in the fourth quarter of the current financial year and for the next year. In an exclusive interview…
Source: Live Mint TSX ends down 1.6% at 24,759.15 Posts biggest decline since March 4 Technology sector falls 3% Aya Gold & Silver tumbles 15.8% March 28 – Canada’s main stock index fell on Friday by the most in three weeks as U.S. data and an expanding trade war raised fears of a global economic…
Source: Live Mint The credit spread for junk bonds, the premium companies pay over risk-free Treasuries, recently widened to the most in six months and could rise further as investors worry about how a global trade war could hurt the U.S. economy, investors and analysts said on Monday. Last Thursday, U.S. junk bond spreads touched…
Source: Live Mint ORLANDO, Florida, March 14 (Reuters) – Making sense of the forces driving global markets World markets on Friday ended another choppy week on an upbeat note as investors pushed aside growing concerns over the global trade war and bought back beaten down stocks, although few will be confident a definitive market bottom…
Source: Live Mint Canadian dollar falls 0.4% against the greenback Bond yields ease across the curve TORONTO, – The Canadian dollar weakened against the greenback on Thursday as oil prices fell and the latest escalation of the trade war between the United States and other countries, including Canada, weighed on investor sentiment. The loonie was…
Source: Live Mint Canadian dollar gains 0.2% against the greenback Touches its weakest since March 4 at 1.4521 Investors expect BoC rate cut on Wednesday 10-year yield rises 2.1 basis points TORONTO, – The Canadian dollar recovered from an earlier one-week low against its U.S. counterpart on Tuesday as American and Canadian officials agreed to…
Source: Live Mint (The opinions expressed here are those of the author, a market analyst for Reuters.) NAPERVILLE, Illinois, March 9 (Reuters) – An imminent trade war between the United States and its two largest agricultural trading partners sent bullish Chicago corn speculators running for the hills last week. But very few bears were made…
