Analysis: Indices

TSX rallies as market plays catch-up with higher metal prices

TORONTO -Canada's main stock index rebounded on Tuesday as the materials sector benefited from recent metal price increases and investors cheered U.S. bank earnings results. The S&P/TSX...

Trade group wants to ban export of scrap aluminum cans to China

WASHINGTON -A trade group representing the aluminum industry called on Tuesday for a ban on U.S. exports of used beverage cans to China to support American production of cars, fighter jets, tanks and...

EU presses US to drop tariffs on metals content

HORSENS, Denmark -The European Commission is pressing the United States to remove tariffs on products made from steel as Brussels seeks to advance parts of the EU-U.S. tariff deal that have yet to...

TSX rebounds after selloff sparked by US-China trade tensions

Canada's main stock index rebounded on Tuesday, following Friday's sharp decline due to renewed U.S.-China tensions that triggered profit-taking across the market. At 10:02 ET ,...

World oil market to see huge glut in 2026, IEA says

LONDON -The world oil market faces an even bigger surplus next year of as much as 4 million barrels per day as OPEC+ producers and rivals lift output and demand remains sluggish, the International...

Frontier debt risks 'going dark' amid high costs and creative deals

LONDON/WASHINGTON -The need for emerging economies to be more transparent about their debt is one issue uniting wealthy countries and multilateral lenders in a fractious, divided world where the...

Copper's rally needs China impetus to reach record

LONDON -Copper prices touched $11,000 per metric ton on October 9, a milestone seen on only two other trading days in the history of the London Metal Exchange - and one that has analysts questioning...

China's exports top forecast but fresh US trade spat raises risks to outlook

BEIJING -China's export growth bounced back in September, but renewed trade threats from Beijing and Washington have rekindled worries about jobs and further deflation in an economy heavily reliant...

Pemex overhauling multiple units at Deer Park, Texas, refinery, sources say

HOUSTON -Mexico's national oil company Pemex completed the shutdown of multiple units at its 312,500-barrel-per-day Deer Park, Texas, refinery on Thursday to begin a multi-unit overhaul, people...

Canada-US sectoral deals likely to persist even if USMCA is revised, Carney says

OTTAWA -The specific deals that Canada is negotiating with the U.S. in key sectors such as steel, aluminum and autos are likely to persist even if the United States-Canada-Mexico trade deal is...

Global equity fund inflows ease on caution over political risks, U.S. shutdown

Global equity fund inflows cooled to a three-week-low in the week to October 8 as investors took a breather after the recent market rally amid risks surrounding the collapse of the French government...

Trump tariff threat pushes oil to five-month low

HOUSTON -Brent and U.S. crude futures fell more than $2 a barrel, or more than 3%, on Friday as U.S. President Donald Trump's threat to impose increased tariffs on China cast a shadow over the demand...

Chocolate prices set to remain high this Halloween in the US, report says

NEW YORK -U.S. chocolate consumers will face elevated chocolate prices this coming Halloween period as cocoa costs have more than doubled since early 2024, according to a report released on Thursday...

TSX retreats as materials and tech lead decline

Canada's main stock index fell on Thursday, with metal miners and technology stocks surrendering recent gains, as investor focus turned towards Friday's crucial domestic employment report for...

Gold holds above $4,000 as investors assess Israel-Hamas deal

Gold prices held above the $4,000 level on Thursday, as investors assessed the Israel-Hamas ceasefire deal, while broader geopolitical and economic uncertainty alongside expectations for U.S. rate...

Carney says he had 'meeting of minds' with Trump on steel, aluminum

OTTAWA -Canadian Prime Minister Mark Carney on Wednesday said he had a meeting of minds with U.S. President Donald Trump on the future of the steel and aluminum sectors as well as on energy sector...

Gold shatters $4,000 milestone, silver belts record high as investors rush to safety

Gold surged past the $4,000 an ounce level for the first time on Wednesday, building on a record-breaking rally as broader geopolitical and economic uncertainty, as well as expectations of U.S....

Teck Resources cuts copper production guidance at flagship Chilean mine QB

Canadian miner Teck Resources Limited on Wednesday cut the copper production forecast at its flagship Quebrada Blanca mine in Chile through 2028, following a company-wide operations review and its...

TSX futures edge higher as commodities strengthen

Futures linked to Canada's resource-heavy main stock index rose marginally on Wednesday, lifted by strengthening metals and oil prices. December futures on the S&P/TSX index were up...