Trade War Jitters Roil US Markets: As trade tensions between Washington and Beijing remained simmering, US indices fluctuated between gains and losses on Tuesday and ended the day neutral on Wall Street. Strong gains in the basic resources sector helped Canada’s flagship S&P/TSX stock index soar, ending more than 500 points higher at 30,353.61. After … Read more
Crisis Currency or Costly Hype: Gold’s price is still rising, and in recent weeks, the shiny metal has once again drawn the attention of investors worldwide. However, what is driving this current “gold rush”? Since the epidemic, gold’s value has increased, particularly in the last several months, when it has repeatedly established new records. The … Read more
Bank of Canada: the Bank of Canada reduced interest rates by an additional 25 basis points, bringing its overnight rate down to 2.25 percent. m The benchmark established by the Bank of Canada serves as the basis for commercial banks’ lending rates to consumers. This implies that Canadians who have variable rate loans, like mortgages, … Read more
Big Tech Split: The third-quarter earnings season brought dramatic shifts among three of the world’s most influential technology companies—Meta, Microsoft, and Alphabet—as investors digested the latest results and guidance from the bellwethers on Wednesday. While all three firms reported strong top-line growth fueled by ongoing investments in artificial intelligence (AI) and cloud computing, their share prices … Read more