Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,505.40, up 0.32% from previous close
● Oil prices climb amid increased geopolitical risks and robust supply
● Manulife reaches $5.4-billion reinsurance agreement with Reinsurance Group of America
● AtkinsRealis wins US$60 million U.S. Federal gr...

Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,504.30, up 0.23% from previous close
● Silvercorp metals plans $130 million convertible notes offering, stock drops 15% in premarket trading
● Suncor Energy exceeds third-quarter expectations with strategic focus
● Metro Inc. reports slight di...

Canada's 12-month inflation rate rebounded to 2.0% in October, slightly above market expectations, from 1.6% in September, its lowest level in more than three years.
Goods prices edged up 0.1% year-over-year after contracting 1.0% in September, while services rose 3.6%, their smallest 12-month gain since January 2022.
The energy story
Just as in September, much of the story was energy related: Gasoline prices fell just 4.0%...

Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,492.40, down 0.45% from previous close
● Canada CPI tad higher than expected in October on smaller drop in gasoline prices
● Shopify climbs to prominence in TSX Composite Index
● Gold rebounds from a two-month low as the dollar weakens
Currency Snapshot
Today, the Canadian dollar...

In October, Canada CPI rose by 2.0% from the previous year, marking an acceleration from September's 1.6% YOY rise. This less pronounced drop in gasoline prices in October (-4.0%) compared to September (-10.7%) contributed significantly to this uptick. Excluding gasoline, the CPI continued its steady climb of 2.2%, consistent with the growth observed in both August and September.
Looking at specific categories, goods experienced a marginal...

Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,506.10, down 0.10% from previous close
● RBC comments on Bank of Canada's next rate moves, Canada rates
● Canadian Dollar hits four-year low as BMO highlights concerns over Bank of Canada's indifference
● AtkinsRéalis Group Inc. highlights nuclear business growth and strategic contracts am...

Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,513.50, up 0.60% from previous close
● Energy experts predict Trump will exempt Canadian oil from tariffs
● Canada agrees with US concerns about Mexico's trade with China
● Scotiabank comments on Canada's population
● AtkinsRéalis reports slight...

Last Wednesday, the 2024 US election concluded with Trump's sweeping victory. Also boosted by the Federal Reserve's expected 25 basis point rate cut, US stocks entered a rally, with banks rising 10% on the announcement of Trump's victory. The three major US Stock indices climbed nearly 5% over the week, while Bitcoin reached an all-time high, Tesla soared 29% and Nvidia gained 9%.However, the current strong bullish sentiment leading up to the election has...

Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,499.20, up 0.05% from previous close
● Microsoft and Royal Bank of Canada bet on new approach to carbon cleanup
● Suncor Energy reports increased earnings and production in third quarter
● Maple Leaf Foods swings to profit in Q3, plans spinoff of pork busine...