Basix Hedge News - Marketscope


Closing Bell: TSX closes higher amid positive U.S. data and Mideast ceasefire

The S&P/TSX composite index was ahead 53.78 points to 12,100.06 as indexes also moved higher on news that Israel and the Hamas militant group have...

Closing Bell: TSX ends flat, Bernanke warns on fiscal cliff fallout

TORONTO — The Toronto stock market closed little changed Tuesday with traders disinclined to build on a strong gain as U.S. Federal Reserve chairman Ben...

What you need to know before markets open

U.S. stock index futures are pointing to a lower open today, indicating the S&P 500 index may snap a two-day rally, after a credit downgrade...

Stocks rally on U.S. budget hopes

Canada’s main stock index jumped more than 1% on Monday, led by material and energy stocks as commodity prices rallied on hopes that a U.S....

Mideast tension and U.S. budget hopes drive oil above $110

“Violence in the Middle East is certainly supporting oil,” said Carsten Fritsch, senior commodities analyst at Commerzbank

Copper dips on worries of fiscal cliff, European debt

LONDON — Copper edged lower on Wednesday after two days of gains as worries about the U.S. “fiscal cliff” and renewed problems in the European...

Markets make slight gains amid Greek bailout, fiscal cliff worries

North American markets made slight gains Tuesday as traders fretted over a delay in organizing a crucial installment of bailout money for Greece and the...

Global LNG market to grow 4% a year, pivot to Asia

The global market for liquefied natural gas (LNG) will shift further to Asia by 2020, where high prices will attract new supply sources, while Europe...

Stocks slide on Wall Street as fiscal cliff concerns spur further sell-off

NEW YORK — U.S. stocks extended losses on Thursday, with the Nasdaq briefly dropping 1%, as investors recalibrated for upcoming negotiations over the “fiscal cliff,”...

Closing Bell: Toronto stock market adds to losses over fiscal cliff worries, commodities rise

The Toronto stock market closed lower Thursday, adding to the losses of the previous session as traders weighed the odds of the United States steering...

Loonie declines for second day after Europe ministers delay Greek aid

Canada’s dollar declined for a second day against its U.S. peer after European Union ministers said they will delay the decision to give Greece it’s...

Canadian dollar up as commodities rise

The Canadian dollar was higher Tuesday as commodity prices advanced and traders focused on an extremely tight U.S. presidential race

Stocks drop as election approaches

U.S. stocks slipped after growing payrolls failed to extend Thursday’s rally as Americans prepared to pick a president and assessed damage from Hurricane Sandy

Oil extends gain as inventories decline

Crude oil for December delivery rose 65 cents to $86.89 a barrel after the U.S. Energy Department said supplies declined last week

TSX rises as U.S. data outweighs Barrick, Cameco fall

Canada’s main stock index hit a two-week high on Thursday, driven by positive economic data from the United States, which more than offset disappointing results...

Natural gas use may rise as storm closes U.S. nuclear plants

The much-touted cleaner-burning fuel could be a replacement for nuclear power generation, which faces the highest level of outages since spring 2011

Closing Bell: Toronto stock market rises, New York tepid as markets reopen after 2-day closure

The Toronto stock market closed higher Wednesday in a fifth day of advances, led by rising mining stocks as commodity prices gained ground

Oil firmer at US$110 as Sandy shuts U.S. refineries

Brent crude oil steadied around $110 a barrel on Monday as Hurricane Sandy, which forecasters said could be the largest storm ever to hit the...

TSX advances amid improving earnings

The TSX advanced Thursday after four losing sessions amid higher commodities, positive earnings news and data showing Britain’s economy is growing again

Closing Bell: TSX tumbles as earnings misses remind traders of flagging global growth

The Toronto stock market tumbled more than 150 points Tuesday amid sliding commodity prices as U.S. earnings disappointments and a fresh round of worry centred...