Oil supply concerns hit TSX... Widespread slip for retail sales in December... The Bay sued over pricing claims...
The Bloomberg Nanos Canadian Confidence Index has fallen to its lowest figure for 10 months.
Oil dominates markets; Japanese election has little effect... Fed considers dropping ‘considerable time’ from policy statement... US oil states start to feel the pressure... PetSmart agrees sale for $8.7 billion... 3 per cent mortgage downpayment could be risky says Shiller... Healthcare deadline looms; most appear to opt for autoroll...
The International Energy Agency revised its outlook for oil this morning and the markets didn’t like it.
Most economists forecast that the first interest rate rise will be in the second half of 2015, possibly in the fall.
There was one energy company with shares heading up today.
Quebec’s securities regulator is investigating gaming firm Amaya over trading activities in the shares of Oldford Group, the former parent company of PokerStars which the company acquired this year.
Canada's net international investment position advanced $94.5 billion in the third quarter according to new figures from StatsCan.
Mixed sentiment in Asia, Europe falls on oil and Greece... IEA predicts growing oil glut in 2015... Retail sales boom as gas prices help drive consumer spending... House passes spending bill, now it’s down to the Senate... Banks play the villain in a $43.5 million toy story... Big fish leaves Seaworld...
It’s been a more positive day’s trading on the Toronto Stock Exchange as a rise in the oil price together with good news on employment and retail sales in the US helped improve energy stocks.
The governor of the Bank of Canada spoke to journalists this morning to give reassuring words on the economy after yesterday’s statement about overvaluation in the housing market.