Before the Bell: What every Canadian investor needs to know today
This looks less like a short-lived spike and more like a genuine reopening of the inflation question.”Overseas, the pan-European STOXX 600 was up 0.40 per cent in morning trading. Brent futures fell 1.81 per cent to US$98.87 a barrel. West Texas Intermediate futures were down 1.74 per cent at US$90.59 a barrel.“Major hubs of oil production or supply routes are surrounded by war,” said PVM Oil Associates analyst John Evans.
- ▪This looks less like a short-lived spike and more like a genuine reopening of the inflation question.”Overseas, the pan-European STOXX 600 was up 0.40 per cent in morning trading.
- ▪Brent futures fell 1.81 per cent to US$98.87 a barrel.
- ▪West Texas Intermediate futures were down 1.74 per cent at US$90.59 a barrel.“Major hubs of oil production or supply routes are surrounded by war,” said PVM Oil Associates analyst John Evans.
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ShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountEquitiesGlobal stocks were headed for a weekly loss and long-dated bond yields hovered around multidecade highs, as a near-40-per-cent rise in oil prices this month amid intensifying conflict in the Middle East ignited inflation fears and expectations for rate hikes around the globe.Wall Street futures were mixed, with the Dow pointing down, after major North American stock indexes closed lower on Thursday. TSX futures were in positive territory.
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