BI Intelligence Jun. 10, 2016, 3:30 PM The BI Intelligence Content Marketing Team covers news & research we think you would find valuable. More millennials are moving toward digital banking, and as a result, they’re walking into their banks’ traditional brick-and-mortar branches less often than ever before. This generation accounts for the greatest share of the […]
By Kate Schick | Updated August 8, 2016 By gaining a clear understanding of how indices are created and how they differ, you will be on your way to making sense of the daily movements in the marketplace. Here we’ll compare and contrast the main market indices so that the next time you hear someone […]
Akin Oyedele March 24, 2016 Stocks are trading slightly lower on Wednesday morning as precious metals sell off. Near 9:47 a.m. ET, the Dow was down 47 points, the S&P 500 was down 4 points, and the Nasdaq was down 17 points. Stocks closed little changed on Tuesday, with the Dow down 41 points. Gold fell as […]
By Susan Fenton Feb 5, 2016 LONDON (Reuters) – The price of gold slipped after a mixed U.S. jobs report on Friday, but was still on track for its biggest weekly gain in a month on doubts about whether the Federal Reserve can keep raising interest rates. U.S. non-farm payrolls increased by 151,000 in January, […]
Feb 4, 2016 LONDON | BY ERIC ONSTAD Gold and zinc surged to their highest in over three months on Thursday, buoyed by a tumble in the dollar, while oil failed to build on sizzling gains in the previous session as doubts grew about whether producers would agree to cut output. The dollar tripped to its […]
Updated on February 3, 2016 Oil bulls distressed that last week’s rally fizzled can find some comfort in forecasts for a bigger and longer rebound by the end of the year. Analysts are projecting prices will climb more than $15 by the end of 2016. New York crude will reach $46 a barrel during the […]
There are a lot of ways to look at the US economy and not be totally wrong. If you wanted to take a bullish view, you could point tounemployment or consumer goods to say US consumers are driving the economy forward. If you wanted to take a bearish view, you could say manufacturingand corporate profits […]
Jonathan Chevreau | January 26, 2016 If investors really believed the old axiom that they should sell when others are greedy and buy when everyone is fearful, then today’s CIBC World Markets report on record cash levels should be all the motivation necessary to start putting money to work in the Canadian stock market. The […]
Mon Jan 25, 2016 BY HOWARD SCHNEIDER Federal Reserve officials are playing it cool for now, but roughly $2.5 trillion of stock market value wiped out in the past three weeks and a possible consumer pullback could throw the Fed off its course of gradual interest rate hikes. Policymakers continue to argue that the threat […]
By Julie Verhage1 hour ago The S&P 500 is having one of its worst starts to the year ever, and while a number of big name investors say there’s plenty more room to fall, economists at Goldman Sachs Group Inc. are arguing that the equities rout doesn’t necessarily signal a coming recession in the U.S.. Their argument […]