Daily News

Source: BNN Bloomberg October 25, 2022

Yellen 'closely monitoring' financial markets as volatility rises

Treasury Secretary Janet Yellen said that while the U.S. financial system remains resilient, the current backdrop has created the conditions where risks to its stability could appear. This is a “dangerous and volatile environment” for the global economy, i...

Source: BNN Bloomberg October 25, 2022

Global junk-bond sales drop most ever with no signs of recovery

Junk bond sales are falling at an unprecedented rate globally as interest rates rise, a double blow to riskier companies in need of financing in the next few years. Issuance for high yield corporates plummeted 73 per cent through Oct. 24 compared with the...

Market Call Source: BNN Bloomberg October 25, 2022

Eric Nuttall's Top Picks: October 24, 2022

Eric Nuttall, partner and senior portfolio Manager, Ninepoint Partners FOCUS: Energy stocks MARKET OUTLOOK: Despite lingering worries of a recession and the potential negative impact on oil demand, we believe energy investors are positioned for fur...

Source: BNN Bloomberg October 25, 2022

U.S. stocks keep rally going as big-tech earnings loom

U.S. stocks rallied for a second straight session as investors geared up for some of the world’s biggest companies to report earnings this week. Traders also mulled whether the Federal Reserve will slow its pace of interest-rate hikes after assessing weak eco...

Source: BNN Bloomberg October 25, 2022

TSX recap: Index closes 0.3% higher

Canada's main stock index was up Monday, continuing Friday's rally, while U.S. markets were also up.  The S&P/TSX Composite Index was up 57.45 points, or 0.3 per cent, at 18,918.40. In New York, the Dow Jones Industrial Average was up 417.06 points at 3...

Source: BNN Bloomberg October 25, 2022

Tesla options hint at trouble ahead with bets near US$200 a share

Tesla Inc. was the one of the biggest laggards in the S&P 500 Index on Monday, and options traders are betting the stock could drop further before the weekend.  A put contract with a Friday expiration and a strike price of US$200 was the most-traded contra...

Source: Financialpost October 25, 2022

Matthew Lau: Ottawa’s woke plan for washroom equity

Ottawa is flamboyantly committed to demonstrating its wokeness and wasting everyone’s money Government absurdities are like dandelions in the summer. They are everywhere and there are so many to choose from. But while dandelions are generally u...

Source: Financialpost October 25, 2022

Posthaste: Gloomy homeowners think their property values will never again reach boom heights

One in 10 Canadians expect they will need to take on more debt to pay for their mortgage Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through lin...

Source: Financialpost October 25, 2022

Europe's energy crisis takes surprise turn as gas shortage transforms into glut

Still, analysts say the crisis is far from over Europe suddenly has more gas than it can use. We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team....

Source: Financialpost October 25, 2022

Bank of Canada crucial to what happens next in economy

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Watch: Financial...