Ubs Says It’S Staying Long Gold, With Prediction Price May Hit $1,600 Within Three Months

in #market5 years ago

UBS says it’s staying long gold, with prediction price may hit $1,600 within three months: Bloomberg News


Gold is proving its worth as a haven this year as China and the U.S. trade blows, with a significant escalation on Friday

Wake up Canada: There’s still plenty of news to watch for in the last days of summer: Bloomberg News


Divya Balji: Four of the six major Canadian banks report fiscal third-quarter results, and economic growth figures for Canada are due Friday

Trump says China talks back on, but Beijing downplays breakthrough: Bloomberg News


At the G7, Trump lauded Xi Jinping as a 'great leader' and said 'anything’s possible' when asked if he would delay tariff increases on China

UBS says it’s staying long gold, with prediction price may hit US$1,600 within three months: Bloomberg News


Gold is proving its worth as a haven this year as China and the U.S. trade blows, with a significant escalation on Friday

Trump says China talks back on, but Beijing downplays breakthrough: Bloomberg News


At the G7, Trump lauded Xi Jinping as a 'great leader' and said 'anything’s possible' when asked if he would delay tariff increases on China

Three factors investors should keep an eye on in the coming months: Martin Pelletier


Martin Pelletier: There are a number of risks looming over the rest of 2019 that could have a material impact on your overall net worth

Targeted low-income tax benefits mean huge penalties for working families: CD Howe: James McLeod


It’s government programs aimed at redistributing wealth from the rich to the poor that leads to perverse incentives, where low-income parents have little incentive to work harder and earn more money

‘Morale booster’: Canadian oil and gas relishes rare Keystone XL victory and Nova pipeline changes: Geoffrey Morgan


Rare double dose of optimism for Canadian oil and gas companies, whose recent share prices have slipped to all time lows

Self-interested G7 leaders unlikely to save the world from the next economic crisis: Kevin Carmichael


Kevin Carmichael: This year’s assembly includes too many saboteurs to stop a depression, as world leaders did in 2008

Canadian retail rebounds on Toronto Raptors’ unprecedented championship run: Nicholas Sokic


This week’s industry reports on manufacturing, wholesaling and retailing delivered three-for-three ‘beats’ versus the consensus

Amazon locks in capacity in Canada with strategic Cargojet deal: James McLeod


The deal indicates how important e-commerce is becoming in the world of shipping and logistics

Inside Amazon and Shopify’s race to master time and space in e-commerce: James McLeod


Shopify and Amazon are more strategic partners than competitors, with Shopify needing Amazon the same way Harry Potter needs Voldemort

Trump orders American companies to stop manufacturing in China, suggests Powell is an ‘enemy’: Bloomberg News


President Donald Trump said he'd respond to the latest round of Chinese tariffs Friday afternoon

Fed’s Jerome Powell says U.S. economy in favourable place but faces ‘significant risks’: Bloomberg News


'Trade policy uncertainty seems to be playing a role in the global slowdown and in weak manufacturing and capital spending in the United States'

Cargojet shares surge 17% after Amazon takes options to buy stake in cargo carrier - Financial Post:


Cargojet shares surge 17% after Amazon takes options to buy stake in cargo carrier Financial Post Air cargo carrier Cargojet Inc. announced a shipping deal Friday with a subsidiary of Amazon.com Inc., which could lead to the online retailer acquiring a stake.…

The Toronto Raptors’ NBA playoff run helped boost retail sales in Canada in June: Bloomberg News


Canadian retail sales beat forecasts in June, keeping the economy on track for what's anticipated to have been a strong second quarter of growth

David Koch, billionaire industrialist who funded conservatives, dies at 79: Bloomberg News


The industrialist and libertarian used his fortune to transform American politics while also donating more than US$1 billion to philanthropic causes

China hits back at U.S. with tariffs on $75-billion of imports in latest trade war skirmish: Bloomberg News


An extra 5 per cent tariff will be put on American soybeans starting next month, and a 25 per cent duty on U.S. cars will resume Dec. 15

G7 leaders are too busy squabbling to do anything about a world economy teetering toward recession: Bloomberg News


Group of Seven allies are so divided there's little hope for the type of coordinated response that sprang from similar meetings a decade ago

Chaos at the border: How Trump’s immigration policies are roiling Canadian business travellers’ plans: Julius Melnitzer


'The policy changes keep happening in fits and starts and sometimes it just feels like we’re all over the place,' one lawyer says




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