European gas prices have increased slightly as the focus shifts to winter risks . Ethiopia plans to suspend debt service and restructure its Eurobond . Vitol has hired a supertanker for Venezuelan oil as rules are softened. Nvidia 's winning streak is showing signs of overheating. Food inflation is expected to ease next year. China 's economic activity is mixed as Beijing increases support. UK has received a record £93 billion in orders for a conventional bond sale .
Goldman's Kostin predicts stock gains in 2024. Ottawa extends deadline for underused housing tax. Surveys show that women are less likely to request a raise or negotiate salary. Many Canadians are struggling financially and experiencing personal finance stress. Canadian tech workers earn 46% less than their US counterparts
Source: News Formal (newsformal.com)
European Gas Prices Winter Risks Ethiopia Debt Service Eurobond Vitol Supertanker Venezuelan Oil Rules Nvidia Winning Streak Overheating Food Inflation China Economic Activity Beijing Support UK Conventional Bond Sale Goldman Kostin Stock Gains Ottawa Underused Housing Tax Surveys Women Raise Negotiate Salary Canadians Personal Finance Stress Tech Workers US
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Gas Prices Fall in Canada, Led by Ontario and the MaritimesAverage gas prices fell 2.8 cents per litre to $1.535 between Nov. 2 and Nov. 9, according to data from Kalibrate. Gas prices fell at a sharper pace this week in Canada, led by steady declines across Ontario’s largest cities and the Maritimes. Sarnia, Ont. stood out once again as the most volatile region for the average price of regular gasoline, booking a 14.3 cent per litre drop between Nov. 2 and Nov. 9.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Midday Markets: Energy and Tech Stocks Lift TSX, U.S. Markets MixedCanada's main stock index was up in late-morning trading as strength in energy and technology stocks helped lead the way higher. Meanwhile, U.S. stock markets showed a mixed performance. The Dow Jones was up, while the S&P 500 and Nasdaq composite were down. Crude oil and natural gas prices also saw gains, while gold and copper prices increased as well. In other news, rental prices in Canada reached a new high last month, with a 9.9% year-over-year increase.
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Gold and Silver Prices Rise on Tamer U.S. Inflation ReportGold and silver prices are solidly higher in midday U.S. trading Tuesday, following a key U.S. inflation report this morning that came in tamer than market expectations and in turn sunk the U.S. dollar index and dropped U.S. Treasury yields. Short covering in the gold and silver futures markets was featured today, along with some perceived bargain hunting in the cash markets. December gold was last up $17.40 at $1,967.50. December silver was last up $0.837 at $23.20. Today’s U.S. data point of the week saw the consumer price index report for October come in at up 3.2%, year-on-year. CPI was forecast at up 3.3%, year-on-year, versus a gain of 3.7% in the September report. The core CPI rate was up 4.0% in October, compared to the consensus forecast of up 4.1% and up 4.1% in the September CPI report. This data falls into the camp of the U.S. monetary policy doves, who want to see the Federal Reserve halt its interest-rate-tightening cycle. U.S. Treasury yields solidly down-ticked on the CPI data and the U.S. dollar index sold off sharply. The U.S.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
U.S. Inflation Eases More Than Expected in October on Falling Gasoline and Used Car Prices(Kitco News) - Analysts cut their projections for fourth-quarter earnings at companies in the S&P 500 by 3.9% in October, according to FactSet, more than twice the 10-year average of 1.8%. That marks the deepest reduction during the first month of a quarter in more than three years.
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Gold Prices Rise on Short Covering, Bargain HuntingGold prices are moderately higher near midday Monday, on some short covering by the shorter-term futures traders and some perceived bargain hunting after recent selling pressure. Gold and silver prices overnight hit four-week lows.
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Man Charged for Assault and Anti-Semitic Statements at Gas StationA 50-year-old man from Carleton Place has been charged with assault and making anti-Semitic statements at a gas station in Kanata. The incident occurred on Oct. 18, and the suspect was charged on Tuesday with assault and criminal harassment.
Source: ctvottawa - 🏆 29. / 67 Read more »