As stock markets rallied after news of a 90-day trade war truce between China and the U.S., some stakeholders remain cautious about what it could mean for the Canadian economy and consumers. “Canada’s industries have been hard hit by this trade war … any de-escalation at this time is good news for global trade,” says … Read more
Global shares were mixed in holiday-thinned trading Monday, while oil prices fell after the OPEC+ group of oil producing nations said it plans to boost output. Markets were closed in Britain and much of Asia. The future for the S&P 500 slid 0.6 per cent while that for the Dow Jones Industrial Average lost 0.5 … Read more
Global shares rose Thursday in limited trading, with many markets closed for May Day, or international Labour Day holidays. Britain’s FTSE 100 inched up less than 0.1 per cent in early trading to 8,496.53. The future for the S&P 500 jumped 1.5 per cent, while that for the Dow Jones Industrial Average gained 0.7 per … Read more
Markets around the world continue to sink on fears about President Donald Trump’s protectionist trade policies, and investors keep plowing money into gold, with futures hitting another record high Monday. Trump’s latest round of tariffs roll out Wednesday, which Trump has been calling “Liberation Day.” Interest in buying gold can rise sharply in times of … Read more