Europe Debt Crisis Fears Rise as War Hits Budgets
Europe debt crisis fears are rising, but panic may be premature Europe debt crisis concerns are returning as the Iran war pushes energy costs higher, strains government budgets and raises borrowing pressures across some of the region’s largest economies. France, Italy and the United Kingdom entered this period with already
Consumer Confidence Rises Despite Gas Price Worries
Canada sovereign wealth fund plan draws market scrutiny The proposed Canada sovereign wealth fund is attracting attention from investors, economists and currency strategists because it raises a basic but important question: can a country build a true sovereign wealth fund without a sovereign surplus? According to the original Dow Jones Market
Brazil Inflation Undershoots Forecasts Before Rate Decision
Brazil inflation rises, but stays below expectations Brazil inflation accelerated in early April, but the increase came in below market expectations, giving investors another reason to expect the country’s central bank to continue cutting interest rates this week. The latest reading of the IPCA-15 index, Brazil’s mid-month inflation gauge, showed
Canada Sovereign Wealth Fund Faces Surplus Question
Canada sovereign wealth fund plan draws market scrutiny The proposed Canada sovereign wealth fund is attracting attention from investors, economists and currency strategists because it raises a basic but important question: can a country build a true sovereign wealth fund without a sovereign surplus? According to the original Dow Jones Market
P&G beats earnings but warns of $1B fuel cost hit
Procter & Gamble delivers solid results despite cost pressure Procter & Gamble delivered a stronger-than-expected third quarter, showing that demand for household and personal-care staples remains resilient even as companies face rising fuel, commodity and tariff-related costs. Shares of the consumer-products giant rose after the report, as investors focused on
Solaris Energy earnings preview: what investors should watch
Solaris Energy heads into earnings with strong momentum Solaris Energy Infrastructure is set to report earnings after the market closes on Monday, and expectations are already high. The mobile power and logistics company has become one of the stronger performers in its peer group over the past month, rising sharply
TSX closes flat as U.S.-Iran standoff keeps oil high
Canadian stocks pause as geopolitical risk dominates sentiment The S&P/TSX Composite Index ended Friday almost unchanged, closing near 33,904, as Canadian investors continued to monitor the standoff between the United States and Iran. The index slipped only 0.03%, but the flat finish masked a market still dealing with several important
Gold drops to a more than one-week low as Middle East conflict revives inflation fears
Gold loses ground as inflation concerns return to the forefront Gold prices fell on Thursday to their lowest level in more than a week, as renewed concern over the inflationary consequences of the Middle East conflict weighed on investor sentiment. The decline highlights a difficult dynamic for bullion: even though
Crude oil jumps as Hormuz Strait remains shut and U.S.-Iran talks stay delayed
Oil prices climb as supply fears remain at the center of the market Crude oil moved sharply higher on Thursday as traders continued to react to the ongoing closure of the Strait of Hormuz, one of the most important energy shipping corridors in the world. With traffic still severely disrupted
Stocks fall and oil jumps as doubts grow over Iran peace talks
Markets turn defensive as geopolitics takes control again Global markets moved back into risk-off mode on Tuesday as fading optimism over possible peace talks between the United States and Iran pushed investors toward a more defensive stance. Stocks fell across the United States and Europe, crude oil prices extended their
