Market updates
Is Canada’s Digital Services Tax Putting Small Businesses in Trouble?
November 18, 2024 05:16 PM EST| By Team Kalkine MediaHighlights,The new digital services tax (DST) is adding challenges for small businesses by increasing operational costs.,Large tech firms, including Google and Amazon, are passing DST costs to advertisers, affecting marketing budgets.,SMEs are facing...
Is Rising Bond Yield Impacting the Canadian Economy?
November 18, 2024 04:36 PM EST| By Team Kalkine MediaHighlights,The Canadian dollar gained strength against the U.S. dollar, reflecting a positive trend in currency markets.,Canadian government bond yields rose slightly, showcasing changes in fixed-income market conditions.,Canadian housing starts exce...
Could Canada’s Wheat Surge Challenge Global Markets This Year?
November 18, 2024 03:56 PM EST| By Team Kalkine MediaHighlights,Canada ranks as a leading exporter of high-quality, high-protein wheat globally.,Canadian wheat production rose significantly, with strong grading outcomes across all classes.,Cereals Canada is set to host webinars and trade missions to en...
Why Are Energy and Metal Stocks Surging Despite Market Uncertainty?
November 18, 2024 01:00 PM EST| By Team Kalkine MediaHighlights,Energy and base metal sectors boosted Canada's main stock index due to rising oil prices.,Crude oil and natural gas contracts witnessed significant gains in trading activity.,Precious metals like gold and copper experienced notable price i...
Is the Energy Sector Struggling Under Weak Oil Prices?
November 15, 2024 07:41 AM EST| By Team Kalkine MediaHighlights,Canadian futures dipped as crude oil prices faced declines.,Federal Reserve comments hinted at limited U.S. rate adjustments next year.,Lower oil prices raised concerns in the energy sector amid weaker Chinese demand.,The,energy sector,is...
Is Canada's Stock Market Betting Too Much on Oil Prices?
November 14, 2024 06:50 AM EST| By Team Kalkine MediaHighlights:,Canadian futures climbed as crude prices bolstered the energy sector.,Federal Reserve Chair Jerome Powell's upcoming speech could shape U.S. policy outlook.,Key U.S. economic data, including Producer Price Index, awaited to gauge market t...
Why Are Financial Stocks Rallying on Trump’s Return?
November 12, 2024 03:47 AM EST| By Team Kalkine MediaHighlights,Tesla’s valuation rose significantly, reaching over $1 trillion, driven by market expectations around CEO Elon Musk's connections with Trump.,The,S&P 500,financial index showed gains, with banking stocks boosting the Dow to a record peak.,...
Is the UK’s Non-Dom Tax Change Pushing High Earners Away?
November 11, 2024 08:34 AM EST| By Team Kalkine MediaHighlights,UK non-dom tax regime to end on April 6, 2025, impacting foreign investors.,New inheritance tax relief applies to trusts established before October 30, 2024.,Temporary repatriation regime extended through 2027/28 with a 15% tax rate.,The U...
Could U.S. Inflation Data Disrupt Canada’s Market Momentum?
November 11, 2024 07:02 AM EST| By Team Kalkine MediaHighlights,Canada's main stock index futures show an upward trend, reflecting gains from Wall Street.,Investors anticipate key economic indicators this week, especially U.S. inflation data.,Post-election momentum from anticipated policies boosts mark...
Why Are Gold Prices Struggling Despite Recent Gains?
November 08, 2024 02:10 PM EST| By Team Kalkine MediaHighlights,Gold prices eased slightly, hovering near $2,700 U.S. as markets reacted to recent events.,U.S. dollar strength made gold costlier for non-U.S. buyers, affecting demand.,Silver, platinum, and palladium prices also experienced declines alon...
Why Is the S&P/TSX Composite Index Struggling Today?
November 08, 2024 01:24 PM EST| By Team Kalkine MediaHighlights,Energy and base metal sector losses drove the TSX Composite Index lower.,Mixed performances observed in U.S. stock markets, with the Dow Jones gaining while Nasdaq declined.,Crude oil and gold contracts saw decreases, while natural gas pri...
Are Canadian Markets Hiding Essential Facts Right Now?
November 08, 2024 01:06 PM EST| By Team Kalkine MediaHighlights,Global stock markets showed mixed trends after recent rallies, influenced by political and economic developments.,Wall Street saw modest gains, with the Dow and S&P indexes up slightly, while Nasdaq showed a minor decline.,The TSX composit...
What's Behind the S&P/TSX Composite's Decline Today?
November 08, 2024 12:59 PM EST| By Team Kalkine MediaHighlights:,Energy and base metal sectors experienced declines, impacting the S&P/TSX composite index.,Mixed performance observed in U.S. stock markets, with Dow Jones rising and Nasdaq falling.,Oil, gold, and copper prices dropped, while natural gas...
Why Are Hedge Funds Shifting to Banks, Bonds, and Oil Under Trump?
November 06, 2024 04:00 PM EST| By Team Kalkine MediaHighlights,Hedge funds shift focus toward crude oil, U.S. Treasuries, and U.S. banks post-election.,BlueBay and Phoenix assess market responses to policy changes with sector-specific positions.,Observed increases in U.S. Treasury yields reflect marke...
Is Canada’s Stock Market Under Pressure with Trump’s Return to Power?
November 06, 2024 01:01 PM EST| By Team Kalkine MediaHighlights,The TSX index saw midday gains, bouncing back after a slump in mining stocks.,Bitfarms surged as crypto stocks responded positively to the U.S. election results.,Financial stocks gained, led by IA Financial, which exceeded profit expectati...
Why Did U.S. Stocks Surge as Trump Wins, but Canadian Markets Lag?
November 06, 2024 12:47 PM EST| By Team Kalkine MediaHighlights,U.S. stock markets rose sharply following a significant political development, with the Dow Jones surging.,Key cyclical stocks, including financials, led gains on expectations of reduced regulation and economic stimulus.,The Canadian marke...
Why Is the S&P/TSX Composite Gaining Momentum Today?
November 05, 2024 01:07 PM EST| By Team Kalkine MediaHighlights,Canada's stock index strengthened with a boost from the base metal sector.,Major U.S. stock markets also rose amid election day activity.,Canadian dollar and crude oil prices saw upward movement, while natural gas prices dipped.,Canada’s m...
Could Base Metal Stocks Be Canada’s Secret to a Market Boost?
November 05, 2024 12:57 PM EST| By Team Kalkine MediaHighlights,Base metal stocks show resilience, supporting gains on Canada's TSX.,U.S. markets also see increases on Election Day.,Oil and gold see upward movement, while natural gas edges down.,Canada's main stock index, the,S&P/TSX Composite Index,,...
Is Oil's Rise Sending a New Signal to the Markets?
November 04, 2024 03:32 PM EST| By Team Kalkine MediaHighlights,U.S. stocks face slight shifts ahead of an impactful week, with oil prices rising and Treasury yields dropping.,The S&P 500 remains near its recent high despite minor declines, while the Dow and Nasdaq experience mixed performance.,Key sto...
What’s Behind E.W. Scripps’ Dramatic Plunge in Midday Trading?
November 04, 2024 03:04 PM EST| By Team Kalkine MediaHighlights,Media, investment, social media, and biotech companies experience substantial stock price decreases.,Companies like E.W. Scripps, Fundamental Global, and Triller Group face market challenges impacting valuations.,Pressures in the energy se...