Bank of Canada
Rising Yields Send Stocks Lower, Bank of Canada Meets Today

September has historically been the seasonally weakest month of the year for stocks and so far this month has been no exception. Adding to yesterday’s major US index losses of 0.1%-0.6%, the three main US index futures contracts are all

Oil and Gas Rally as Investors Digest Economic Reports and High Temperatures

US index futures have returned to trading this morning in the Red with the three main contracts down 0.5%-0.6% so far. Over in Europe, the Dax and the FTSE are both down about 0.6%. It appears that disappointing Service PMI

Mixed Markets Await Central Bank Decisions and Economic Data

Investors in equity and commodity markets have responded quite differently to a quiet weekend and morning for business news. Equity markets are up this morning with US index futures rising 0.1% to 0.4%, while over in Europe, the Dax is

Oil Rallies While Stocks Digest Mixed Earnings

WTI Crude Oil is climbing for a second straight day, gaining 1.4%. In addition to follow-through action following yesterday’s warning to bears from Saudi Arabia about the next OPEC+ meeting, traders appear to be responding positively to last night’s drawdown

Bank of Canada
Bank of Canada and OPEC+ Meet As Oil Keeps Climbing

As the war in Ukraine continues, concerns about the potential impact that military actions and sanctions could have on oil supply continue to drive energy prices higher. WTI and Brent crude are both up another 7.0% this morning with WTI

Oil Bounces Back To Start The Week

SIA Wealth Morning Minutes will not be issued on Tuesday December 7, It should return on Wednesday December 8. It’s not unusual for there to be a lull in news during the second week of the month and with earnings

Crude Oil Climbs To Its Highest Level Since 2014!

SIA Wealth Morning Minutes: Crude Oil Climbs To Its Highest Level Since 2014! Crude oil contracts are breaking out to multi-year highs this morning. US crude oil, for example, has blasted through its 2018 high near $77.50/bbl and has carried

Commodities Climb with Oil Inventories, Flash PMI and Retail Sales In Focus

In the wake of yesterday’s record high close for the NASDAQ, the Hang Seng caught fire, climbing 1.8% overnight. This morning’s equity market action has been mixed with US index futures and the Nikkei all essentially flat, the FTSE gaining

Stocks and Oil Retreat; US Employment Improves

It’s a really slow day for corporate and economic news. AstraZeneca revised the efficacy rate from the recent clinical trial on its coronavirus vaccine down slightly to 76% from 79%, while new cases COVID continue to climb in North America

Earnings, Energy and Economic News Impact Market Action

World markets are mixed this morning. In North America, US index futures are trying to bounce back from yesterday’s broad selloff. Dow futures are up 0.3% while NASDAQ futures are up 0.7% as they claw back some of yesterday’s respective