Indices

Goldman Sachs raises end-2025 gold price forecast to $3,300 per ounce

Goldman Sachs on Wednesday raised its end-2025 gold price forecast to $3,300 per ounce from $3,100, citing stronger-than-expected ETF inflows and sustained central bank demand. Goldman...

TRADING DAY-'Tariff Man' flexes muscles, markets cower

TRADING DAY Making sense of the forces driving global markets Nasdaq slumps 2%, tariff fears intensify It was really only a matter when, not if, tariff fears...

Black Sea deal unlikely to boost Russian food exports in short-term

A potential deal to ease restrictions on Russia's access to international agricultural markets, touted by Washington and Moscow as a boon for global food security, is unlikely to have much immediate...

Nasdaq short interest up 2.2% in mid-March

Short interest on the Nasdaq rose about 2.2% in mid-March, the exchange said in a statement released late on Tuesday. As of March 14, short interest rose to about 15.66 billion shares,...

Glencore declares force majeure on copper shipments from Altonorte smelter in Chile

London-listed miner Glencore has declared force majeure on copper shipments from its Chilean Altonorte smelter, where production has been suspended, two industry sources said. Companies...

Trump auto tariffs are coming, but not all levies will be imposed April 2, sending stocks higher

U.S. President Donald Trump said on Monday automobile tariffs are coming soon even as he indicated that not all of his threatened levies would be imposed on April 2 and some countries may get breaks,...

Trump says he will soon announce tariffs on autos, aluminum, pharmaceuticals

U.S. President Donald Trump said on Monday he will in the very near future announce tariffs on automobiles, aluminum and pharmaceuticals. Speaking to reporters at the White House, Trump...

Trump to impose 25% tariff on countries that buy oil, gas from Venezuela

U.S. President Donald Trump said on Monday that any country that buys oil or gas from Venezuela will pay a 25 percent tariff on trades made with the United States. This secondary tariff...

TSX futures rise on reports of moderate US approach to tariffs

Futures tied to Canada's main stock index rose on Monday, mirroring gains of its Wall Street peers after media reports said the approach of the U.S. to fresh tariffs is likely to be more moderate than...

Canadian farmers face two-front trade war as China duties take effect

Canadian farmers are facing a two-front trade war, with China's tariffs on Canadian canola oil, canola meal and peas taking effect on Thursday and U.S. tariffs expected on additional Canadian products...

EU may delay first set of counter-tariffs against U.S. to mid-April

The European Union could delay imposition of a first set of counter-measures against the United States over President Donald Trump's steel and aluminium tariffs until mid-April, European Trade...

US LNG exporters stick with methane measures despite EPA rollbacks

U.S. liquefied natural gas exporters, seeking to meet standards of overseas import markets, plan to continue to monitor and curb their methane emissions despite President Donald Trump's plans to roll...

North American biofuels sector contracts amid trade and policy uncertainty

U.S. and Canadian biofuel companies are throttling back production to limit losses amid uncertainty over U.S. President Donald Trump's approach to green fuel subsidies and the potential for a...

Gold climbs to record high as Fed signals two rate cuts in 2025

Gold rose to an all-time high on Thursday as the Federal Reserve hinted at two possible interest rate cuts this year, bolstering bullion's appeal amid ongoing geopolitical and economic woes. ...

US crude stocks rise more than expected but gasoline and distillate inventories fall - EIA

NEW YORK -U.S. crude stocks rose more than expected even as gasoline and distillate inventories fell last week in a sign of sustained fuel demand, the Energy Information Administration said on...

Citi delivers lead to LME warehouses for profitable rent deals

Significant amounts of lead have been deposited in London Metal Exchange approved warehouses by Citigroup for so-called rent-sharing deals over the past few days, three sources familiar with the...

Gold climbs to record high on safe-haven demand; Fed decision in focus

Gold prices rose to hit a record high on Wednesday, as tensions in the Middle East and trade uncertainties lifted the bullion's safe-haven appeal, while traders awaited the Federal Reserve's decision...

Commerce chief seeks industry help to prevent China from getting US chips

Commerce Secretary Howard Lutnick said Tuesday the Trump administration is seeking help from companies and foreign governments to prevent China from getting U.S. chips, and reiterated his belief...

Nasdaq to open regional headquarters in Texas

Exchange operator Nasdaq said on Tuesday it will open a new regional headquarters in Dallas, Texas. The announcement comes just a month after rival New York Stock Exchange committed to...