Canadian Economy Continues Faltering

Canadian Economy Continues Faltering

As quickly as the OPEC supply cut advantages evaporated, so did the prospects for the Canadian economy. Yesterday, the Bank of Canada decided to keep its rates unchanged at 0.5%. The report also shows that Canadian companies have failed to increase exports. Record...
OPEC Deal Will Crash Eventually

OPEC Deal Will Crash Eventually

The price of oil has been climbing quite quickly since OPEC announced that its members reached a deal last week to cut oil production. Russia has joined OPEC and it will cut production by 300,000 barrels per day as well. Nevertheless, as soon as WTI prices climbed...
OPEC Does It Again

OPEC Does It Again

Experts have been following every single development in OPEC production cut negotiations. Markets have been responding to information from these negotiations accordingly. Despite all the information about the possibility of the deal that is swinging the pendulum...
Dow Jones Closes Above 19,000 For First Time

Dow Jones Closes Above 19,000 For First Time

The Trump rally reached another milestone on Tuesday. The Dow Jones industrial average closed above the 19,000 point line for the first time ever. It seems investors are still excited by the prospect of an industrial resurgence in the US under President Elect Trump....
Markets Keep Advancing As Oil Plays Catch Up

Markets Keep Advancing As Oil Plays Catch Up

Markets keep on soaring on the third week after Donald Trump’s election surprise. Many US stocks hit historical highs, and it seems like the NYSE continues advancing by inertia. The elation also spread around to oil markets, due to a positive sentiment among OPEC...
Markets Readjust For The Trump Era

Markets Readjust For The Trump Era

Markets are all finally in positive territory after Trump won the US presidential election last week. The NASDAQ and the S&P 500, which got hit after the surprise win, are finally recovering ground. Bond yields soared, as investors pulled their funds from these...

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