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The Canadian dollar moved sideways after the latest interest rate decision by the Bank of Canada. The bank decided to hike interest rates by 0.50%. Pushing the overnight rate to 1.50%. In addition, Tiff Macklem warned that more rate hikes were necessary to curb the soaring inflation. This was more h

Rising rates send shivers thru financial markets yesterday. Tech gets clobbered – creating new opportunities in some ‘blue chip’ tech names. Oil continues to surge on worries over supply chain issues as well as rising demand. Renewables are great, but the need for fossil fuels isn’t going away anyti

*News: Global Geopolitics* *First, trade wars and then Covid-led restrictions disrupted global supply chains.* • The conflict between Israel and Hamas has intensified and escalated across land and reached the sea level • Initially attacks by Yemen's Iran-aligned Houthi militants targeted only oil sh

Tech gets clobbered, FB under pressure – Frances to appear on Capitol Hill. All the indexes teetering on trendline supports – the pressure is on – Will the ‘BTD’s (Buy the Dippers) save the day? Oil surges as OPEC+ says ‘No dice’ Production is what it is – We have taken back control of global supply

Oil prices were little changed on Friday after rising in the previous session as concerns about supply reduction in Iraq clashed with worries of potential demand declines amid US tariffs. Three oil fields in Iraqi Kurdistan were targeted by explosive drones on Wednesday. The attacks came at a time w

New York (CNN Business)When a trade jumps by 250% over the course of days, investors typically pop bottles of champagne. Between Friday, March 4 and Tuesday March 8, nickel futures did just that — soaring on the London Metals Exchange from about $29,000 to $100,000 per ton. But the champagne remains

EUR/USD, “Euro vs US Dollar” EUR/USD is trading at 1.1137; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.1105 and then resume moving upwards to reach 1.1245. Another signal in fav

Illustration photo of oil well from Investopedia TOKYO (Reuters) - Oil prices held on to gains made on the previous session on Friday, after Russian President Vladimir Putin indicated he would be prepared to extend record supply cuts in the face of the COVID-19 pandemic. Brent crude was off 1 cent a

Investing.com – Oil was down on Thursday morning in Asia, giving up some of its gains from the previous session. Investor worries about a stall in the black liquid’s demand recovery increased after California became the latest U.S. state to re-impose lockdown measures on Wednesday. The measures incl

Investing.com – Oil prices were mixed on Monday morning in Asia as the U.S. reached a record high for new coronavirus cases for the 27th day in a row with twelve states reporting new highs in seven-day case averages. Montana, Delaware and Alaska are experiencing the biggest percentage increase from