News

  • Photo of What is behind the recent strength of the yen?

    What is behind the recent strength of the yen?

    September 23, 2020 A safe haven currency until recently, the yen has been one of the year’s best performers against the dollar. The USDJPY, once the symbol of a healthy stock market, has lost its mojo – the direct correlation with the Dow Jones or the S&P 500 has disappeared.…

    Read More »
  • Photo of Gold: Different Ways To Own It

    Gold: Different Ways To Own It

    September 22, 2020 The price of gold made headlines during the coronavirus pandemic. It exceeded $2,000 when investors flocked to protect against expected inflation. Trading gold or owning gold are two different things. One can own gold in a portfolio to protect against inflation, but one can also speculate on…

    Read More »
  • Photo of Global Banks Tumble Over Money Laundering Revelations

    Global Banks Tumble Over Money Laundering Revelations

    September 22, 2020 HSBC, Deutsche Bank, JPMorgan Chase… These big names in finance were badly mauled in the stock market on Monday, after revelations by a consortium of journalists accusing them of having allowed the laundering of dirty money on a large scale. On Wall Street, the giant JPMorgan Chase…

    Read More »
  • Photo of The fastest stock market recovery in history – How was it possible?

    The fastest stock market recovery in history – How was it possible?

    September 21, 2020 The year 2020 goes down in history as the year in which the world faced a pandemic. However, financial market participants will also know that this year will be the year in which the stock markets recover the fastest after a bear market. Once again, buying the…

    Read More »
  • Photo of Microsoft pays $7.5 billion for Fallout and The Elder Scrolls games

    Microsoft pays $7.5 billion for Fallout and The Elder Scrolls games

    September 21, 2020 New York (awp/afp) – Microsoft announced Monday that it has signed an agreement to acquire ZeniMax Media, the parent company of video game publisher Bethesda Softworks, creator of “Fallout” and Star Trek games, for $7.5 billion. This major acquisition, which comes shortly before the launch of new…

    Read More »
  • Photo of Is platinum investment a good alternative?

    Is platinum investment a good alternative?

    September 18, 2020 Whenever we think of raw materials, the first thing that comes to mind is gold and sometimes silver. However, other commodities offer the same, if not more, diversification benefits. Platinum is a market to consider because it offers diversification benefits similar to those of gold. In addition,…

    Read More »
  • Photo of Oil hesitates then climbs after the monthly OPEC+ meeting

    Oil hesitates then climbs after the monthly OPEC+ meeting

    September 17th, 2020 (New York) Oil prices ended higher on Thursday, following an already notable surge, as investors were rather optimistic about the direction of the major exporting countries, whose ministers met by videoconference. A barrel of North Sea Brent for November delivery finished at $43.30 in London, up 2.56…

    Read More »
  • Photo of Billionaires are stuffing their pockets despite COVID-19

    Billionaires are stuffing their pockets despite COVID-19

    September 17th, 2020 Despite the pandemic and economic contraction, the wealth of Canada’s largest billionaires has jumped since the beginning of the VIDOC crisis,19 according to the Canadian Centre for Policy Alternatives. Based on data from Forbes magazine, the Centre estimates that the country’s 20 wealthiest people have amassed an…

    Read More »
  • Photo of Stock market: September 17th 2020 Wall Street down at noon

    Stock market: September 17th 2020 Wall Street down at noon

    September 17th, 2020 STOCK MARKET REVIEW – September 17th 2020 at noon The New York Stock Exchange (NYSE) retreated at noon on Thursday, the day after a meeting of the US Central Bank (Fed) that left market players around the world with mixed feelings.   The indicators In Toronto, the…

    Read More »
  • Photo of Inflation: the Fed adjusts its target

    Inflation: the Fed adjusts its target

    September 17th, 2020 Global stock markets plunged Thursday, following the U.S. Federal Reserve’s announcement that its key interest rate will remain near zero until at least 2023. London, Paris and Frankfurt lost between 0.7% and 0.8% early in the session. In New York, before the markets opened, the Dow Jones…

    Read More »
  • Photo of Kodak Jumps to Wall Street

    Kodak Jumps to Wall Street

    September 16th, 2020 Eastman Kodak’s stock, particularly heckled since the announcement of a large government loan supposed to help it launch its pharmacy business, took off Wednesday after a report exonerating the group and its managers of insider trading or violation of internal regulations. The stock of the group, best…

    Read More »
  • Photo of Amazon Creates 100,000 Additional Jobs in the United States and Canada

    Amazon Creates 100,000 Additional Jobs in the United States and Canada

    September 15th, 2020 E-commerce giant Amazon, which is benefiting from an explosion in demand for online orders since the start of the pandemic, announced Monday that it has created 100,000 additional jobs in the United States and Canada. These new hires come on top of several large recruitment campaigns organized…

    Read More »
  • Photo of Unprecedented falls in the GDP of the G20 countries except… for China

    Unprecedented falls in the GDP of the G20 countries except… for China

    September 14th, 2020 With the exception of China, the implementation of VIDOC-19 containment measures weighed heavily on economic activity in the second quarter of 2020, with unprecedented falls in real gross domestic product (GDP) in most G20 economies according to the OECD. For the G20 area, GDP fell by a…

    Read More »
  • Photo of Iamgold inflates its financial resources

    Iamgold inflates its financial resources

    September 11th, 2020 Toronto-based Iamgold is well positioned to develop and expand production at its US$1.3 billion Gold Rated mine in Northern Ontario with debt financing announced this week, healthy cash balances and record high gold prices, analysts say. The groundbreaking ceremony for the project was scheduled for Friday, with…

    Read More »
Back to top button
Close