BNN Bloomberg – Canada Business News, TSX Today & Interest …
WEBUK Housing Market Gains Momentum After BOE Rate Cut, RICS Says. Get the latest Canadian business news, TSX updates, interest rates and Bank of Canada coverage. Explore stock market investing and get expert financial …
Markets - BNN Bloomberg
WEBSep 6, 2024 · OPEC’s Quick Fix Masks Bigger Worry: Too Much Oil Next Year. OPEC+ has staved off an oil surplus this year by deciding to restrain production a little longer. But the temporary fix won’t hold back the supply glut awaiting global markets in 2025. September 06, 2024 at 7:42AM EDT.
TSX Venture – Stock Price, Charts & News Today – BNN Bloomberg
WEBSeptember 05, 2024 at 3:30PM EDT. ADVERTISEMENT. Stay on top of your portfolio with real-time data and news from the TSX Venture Exchange. Follow Canadian small-cap and early-stage companies on BNN Bloomberg.
UPDATED: A timeline of Bank of Canada rate hikes
WEBOct 23, 2023 · April 12, 2023: The Bank of Canada took a wait-and-see approach and held rates at 4.50 per cent again. June 7 2023: After two consecutive pauses, the Bank of Canada hiked its overnight lending rate by 25 basis points to 4.75 per cent. The move was driven largely by an uptick in inflation to 4.4 per cent, the first increase in 10 months, as well ...
Market Call - Shows - BNN Bloomberg
WEBAbout Market Call. Daily at 12 p.m. ET and 6 p.m. ET. Market Call is Canada's leading stock market call-in program. Every weekday, BNN Bloomberg hosts top fund managers and market analysts - professionals who handle billions in retail and institutional investments. Call toll-free at 1-855-326-6266 or email [email protected].
Bank of Canada fears jobs outlook may delay consumer rebound
WEBAugust 07, 2024 at 3:03PM EDT. Tiff Macklem, governor of the Bank of Canada. (David Kawai/Photographer: David Kawai/Bloomb) (Bloomberg) -- Bank of Canada officials are increasingly worried that a weaker jobs market may delay a recovery in consumer spending, a concern that encouraged them to cut interest rates last month.
Canada hits surprise trade surplus on energy, gold exports
WEBAug 6, 2024 · The country’s trade surplus with the U.S. widened for a third consecutive month, to $9.4 billion from $8.8 billion. With assistance from Jay Zhao-Murray. ©2024 Bloomberg L.P. Canada unexpectedly recorded a $638 million trade surplus in June as an expanded crude oil pipeline and surging global demand for gold drove exports higher.
What experts are expecting for the TSX in 2024 - BNN Bloomberg
WEBDec 15, 2023 · John Goldsmith, head of Canadian equities at Montrusco Bolton, joined BNN Bloomberg to discuss tailwinds and headwinds for the Canadian benchmark. Canada’s stock market is poised for a good year of returns in 2024, experts say, with a pause in the interest rate environment expected to lift several key sectors higher.
Bank of Canada seen cutting rates faster after weak U.S. jobs data
WEBAug 2, 2024 · Statistics Canada releases July data for the Labor Force Survey next Friday, and economists expect the jobless rate to rise again to rise to 6.5%. “The weaker U.S. data should pass through into the BoC’s thought process,” Andrew Kelvin, head of Canadian and global rates strategy at Toronto-Dominion Bank’s securities division, said by email.
McKinsey sees AI surge boosting consulting amid industry slump
WEBAug 14, 2024 · Technology. McKinsey sees AI surge boosting consulting amid industry slump. ByAmbereen Choudhury. August 14, 2024 at 6:30AM EDT. Scott Ladner, chief investment officer at Horizon Investments, joins BNN Bloomberg to share his outlook on the markets. (Bloomberg) -- McKinsey & Co. is seeing an increase in the number of clients seeking artificial ...