Month: July 2019

From the Nasdaq, The Watch List panel: Stratas Advisors’ Ashley Petersen and OANDA’s Ed Moya discuss the impact of the US-Iran tension on oil prices and why they see potential upside in the energy sector. Listen below: Ed Moya on TD Ameritrade Network This article is for general information purposes only. It is not investment
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Down -$0.84 or -1.46% The price of WTI crude oil is settling after $56.78. That is down -$.84 or -1.46%.  The high price today extended to $58.36. The low came in at $56.61. The contract is closing near the low for the day. Technically the high price was able to extend above its 200 day
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Data released today showed that Manufacturing shipments rose 1.6% in May and the unadjusted capacity utilization rate in Canada’s manufacturing sector increased to 2.4 percentage points to 82%. Kyle Dahms, analysts at the National Bank of Canada  Key Quotes: “Manufacturing sales in Canada came in slightly below consensus expectations in May. Truth be told, the headline
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Oil rose on Wednesday after the release of the Energy Information Administration (EIA) weekly crude inventories report showed a larger drawdown than anticipated at 3.1 million barrels of crude, a surprise buildup of 3.6 million barrels of gasoline and a larger than expected buildup of distillates at 5.7 million barrels. Crude was under pressure from
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U.S. Treasury prices rose early Wednesday, pushing yields lower, after resurfacing fears around a Trump trade deal weighed on equities, stoking appetite for government bonds. What are Treasurys doing?The 10-year Treasury note yield TMUBMUSD10Y, -0.87% slipped 2.8 basis points to 2.092%, while the 2-year note rate TMUBMUSD02Y, +0.24% was down 1.2 basis points to 1.850%.
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