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Are Gold and Silver Losing shine?
March 29, 2021 02:51 PM AEDT| By Team Kalkine MediaSource: Olivier Le Moal, Shutterstock Summary Gold gave its first quarterly negative returns since September 2018. The rising bond yields & strengthening of the US dollar acting as a primary catalyst for the decline in precious metals...
Element of surprise hits the Wall Street, Wipes out US$35bn in market value
March 28, 2021 07:00 PM AEDT| By Team Kalkine Mediay stocks on Wall Street witnessed high volatility during the trading session. The relentless spree of block trade worth US$10.5 billion was executed during the trading session on 26 March 2021. The sudden selloff struck Wall street on Friday and...
Suez Canal congestion may clear early new week – Boskalis
March 28, 2021 06:54 PM AEDT| By Team Kalkine Media© Artistashmita | Megapixl.com Summary Suez Canal is critical to the movement of goods across the eastern and western worlds and has been at the centre of world trade since its inauguration. Boskalis, the salvager firm, has been involved...
World’s Richest Man’s firm backs Pilot, the newest Unicorn
March 28, 2021 06:50 PM AEDT| By Team Kalkine MediaSource: TheCorgi, Shutterstock Summary Pilot has emerged as the newest unicorn after crossing the threshold valuation of US$1 bn. The world's richest man, Jeff Bezos' Bezos Expeditions, has invested over $100 million along with other partners...
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What To Expect In The Upcoming Canadian Budget 2021?
March 28, 2021 12:13 PM AEDT| By AnujSource: fizkes, Shutterstock Summary On April 19, Canada's Finance Minister Chrystia Freeland will read out the first budget in two years. The federal government had announced a C$100 billion economic stimulus package that constitutes 4% of th...
Oil Price Volatility: Is Commodity Super Cycle Out of Order?
March 28, 2021 12:38 AM AEDT| By Team Kalkine MediaSource: Red ivory, Shutterstock Summary Oil prices have increased at a steady pace this year, with WTI Crude Oil price recording a gain of over 20 per cent. Heightened volatility in the oil prices this week has again sparked discussions around t...
Cost of living in Canada: How Much Is Sufficient?
March 27, 2021 03:26 PM AEDT| By AnujSource: Tero Vesalainen, Shutterstock Summary Canada offers high standards of living Vancouver and Toronto are the most expensive cities to live Majority of your expenses will be spent on housing/accommodation As a land that welcomes i...
General Motors Could Be The Next Big Company To Accept Bitcoin
March 27, 2021 02:46 PM AEDT| By Team Kalkine MediaSource: radhikarana, Shutterstock Summary General Motors is reportedly seeking feedback on how cryptocurrency could be used for partial or full payments. It seems Tesla's move could've spiked the 113-year-old company's interest in accepting cr...
TSX Moves Higher, MEG Energy & Teck Resources Top Gainers
March 27, 2021 08:16 AM AEDT| By Team Kalkine MediaCopyright © 2021 Kalkine Media Pty Ltd. Canadian benchmark index, S&P/TSX Composite Index moved higher on Friday, led by strength in the Basic Materials sector stocks. The TSX Base Metals index rose 4.53%, followed Energy up 1.98% and Indus...
WeWork IPO 2021: From SPAC Merger To Debut Date, All You Need To Know
March 27, 2021 03:07 AM AEDT| By AnujSource: patpitchaya, Shutterstock WeWork is all set to merge with BowX Acquisition Corporation (BOWX:US or NASDAQ: BOWX), a blank-check company, in a deal aimed at getting the distressed startup public after two years of failed listing attempts. Th...
Suez Canal Blockage: Dislodging Ever Given Ship Could Take Up To Weeks
March 27, 2021 01:53 AM AEDT| By Team Kalkine MediaSource: Avigator Fortuner, Shutterstock Summary Dislodging a 1,300-feet long vessel, weighing two lakh tons, is proving to be quite challenging for the tugboats and diggers. At least US$ 9.6 billion worth of goods passes through the canal ever...
From FUD to HODL, 10 Crypto Slangs Every Investor Should Know!
March 27, 2021 01:29 AM AEDT| By Anuj@Kalkine Image 2020 Stock market-listed companies have fundamental terminology such as price-to-earnings ratio (P/E), debt-to-equity (D/E), return on equity (RoE), Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA), etc...
Buy Alert! These 2 Stocks Could Surge Over 30%
March 26, 2021 10:52 PM AEDT| By Shreya BiswasSource: JomNicha, Shutterstock Summary As the world continues to change in the face of rising COVID-19 cases and ramped-up vaccine campaigns, investors are often seeking comments from market experts regarding stock performances. This tech comp...
Is It Worth Investing In Only One Or Two Stocks?
March 26, 2021 08:21 PM AEDT| By AnujSource: Amnaj Khetsamtip, Shutterstock Summary To invest in one stock or to diversify the portfolio is a tough call to make. Diversification or not depends on a multiple factor. Investor can be sentimentally attached to one stock. "Inve...
Gage Cannabis, Led by Canopy Growth Founder, May Head For DPO
March 26, 2021 07:58 PM AEDT| By Shreya BiswasSource: Bukhta Yurii, Shutterstock Summary US-based pot company Gage Cannabis Co is reportedly seeking a listing on Canadian stock markets. While the company is yet to make an official statement revealing information about a listing, Chairpers...
US Stocks End the Week on Positive Note
March 26, 2021 06:21 PM AEDT| By Team Kalkine MediaSource: Piyato, Shutterstock US markets edged higher on Friday, March 26, 2021, to close the week on a positive note as investors hedged their bets on economy-linked stocks such as energy, real estate, healthcare, consumer cyclical, and financial st...
EU could block vaccine export amid a shortage of AstraZeneca’s COVID-19 shots
March 26, 2021 05:45 PM AEDT| By Team Kalkine MediaSource: Juan Roballo, Shutterstock Summary With vaccination programs in Britain and the US moving far ahead, EU leaders have warned to block the vaccine supply. The EU stated that AstraZeneca intends to deliver just 100 million out of 300 mill...
Why Nike and H&M are facing backlash in China
March 26, 2021 05:36 PM AEDT| By Team Kalkine Media> Chinese celebrities are also disassociating themselves from these brands. In a fresh incident of re-emergence of tussle between China and Western countries, fashion brands H&M and Nike are facing a boycott in China. H&M and Nik...
Tracing Tesla's Trajectory: How it Fared in Last 5 Months?
March 26, 2021 04:57 PM AEDT| By DaminiSource: canadianPhotographer56, SHutterstock Summary Tesla’s stock has delivered an impressive return of over 50 per cent in the past five months. The Company has achieved several significant milestones over the recent months. The...
Traders find Silver Lining in the Natural gas price charts?
March 26, 2021 02:45 PM AEDT| By Team Kalkine Mediaing gas in underground storage fell by 11 Bfc for the week ending March 12, 2021. NYMEX Natural Gas Futures (NYME: NGc1) traded in a sharp upward trend from the latter half of June 2020 till October 2020, makinig a series of higher highs and hig...
