TSX Gets High As Marijuana Stocks Rally — Canadian Commentary

Trading 02 jan 2018 Commentaire »

Canadian stocks jumped to fresh record highs Tuesday, kicking the new year off with a bang.

The TSX Composite Index rose 95.26 points to 16,304.39, powered by energy and health care stocks.

Marijuana stocks remained red-hot as California legalized recreational puff. Aurora Cannabis surged after reporting record monthly sales in November.

Gold stocks also followed precious metal prices higher.

Nutrien (NTR.TO) had a strong debut on the TSX. The new company is creation of Agrium and Potash, which recently merged.

The Canadian dollar strengthened to 80 cents U.S. for the first time since October.

Feb. WTI oil fell 5 cents, or less than 0.1%, to settle at $60.37/bbl.

Overseas, the UK manufacturing activity grew strongly at the end of 2017, though the pace of expansion moderated slightly, data published by IHS Markit showed Tuesday.

The IHS Markit/Chartered Institute of Procurement & Supply factory Purchasing Managers' Index fell to 56.3 in December from November's 51-month high of 58.2.


The material has been provided by InstaForex Company - www.instaforex.com

‘Married At First Sight’ Season 6: Jaclyn And Jonathan Reveal Biggest Challenges

Trading 02 jan 2018 Commentaire »
Marriage is challenging for anyone, but an arranged marriage to a stranger is even more stressful. “Married at First Sight” Season 6 stars Jaclyn Schwartzberg and Jonathan Francetic told International Business Times that they certainly had struggles, and some of their biggest issues had to do with the cameras.

What Is Orrin Hatch’s Net Worth? Utah Senator To Retire At Term’s End

Trading 02 jan 2018 Commentaire »
Republican Sen. Orrin Hatch of Utah announced Tuesday that he will retire in January 2019 at the end of his current term. Hatch is the longest-serving Republican in the Senate. “Every good fighter knows when to hang up the gloves,” said Hatch in a short video released Tuesday. “I may be leaving the Senate, but the next chapter in my public service is just beginning.”

‘PlayerUnknown’s Battlegrounds’ Could Launch On PS4, ‘Every Platform’ Someday, CEO Says

Trading 02 jan 2018 Commentaire »
“PlayerUnknown’s Battlegrounds” was the biggest gaming story of 2017, as the game reached astronomical levels of popularity and brought about a new kind of multiplayer shooter. The game, which piles 100 players onto an island and asks them to reenact the film “Battle Royale,” spent most of 2017 as a PC exclusive before hitting Xbox One in December.

Dollar Weakens At The Start Of The New Year

Trading 02 jan 2018 Commentaire »

The dollar is losing ground against its major rivals on the first trading day of the new year. Trading activity remains subdued as investors return to action following the long holiday weekend. The lack of U.S. economic data is keeping some investors on the sidelines, but traders can look forward to some important releases later this week.

The ISM manufacturing report is due for release Wednesday morning and the FOMC will release the minutes from its most recent policy meeting in the afternoon. Private sector employment and weekly jobless claims will both be released Thursday morning, due to the holiday shortened week.

They will be followed up by the release of the all important U.S. jobs report for December, which is slated for Friday morning. Factory orders international trade and the ISM non-manufacturing index are also set to be released at the end of the week.

The dollar dropped to nearly a 4-month low of $1.2080 against the Euro Tuesday, but has since bounced back to around $1.2050.

Eurozone manufacturing sector activity grew the most since the survey began in mid-1997, final data from IHS Markit showed Tuesday.

The factory Purchasing Managers' Index improved to 60.6 in December, in line with flash estimate, from 60.1 in November. This was the highest score since mid-1997 and identical to the flash estimate published on December 14.

The buck has tumbled to over a 3-month low of $1.36 against the pound sterling Tuesday, from an early high of $1.3506.

The UK manufacturing activity grew strongly at the end of 2017, though the pace of expansion moderated slightly, data published by IHS Markit showed Tuesday.

The IHS Markit/Chartered Institute of Procurement & Supply factory Purchasing Managers' Index fell to 56.3 in December from November's 51-month high of 58.2. The score was below economists' forecast of 57.7.

The greenback fell to a low of Y112.054 against the Japanese Yen Tuesday, but has since rebounded to around Y112.300.


The material has been provided by InstaForex Company - www.instaforex.com

Crude Oil Flat After 2-year Highs

Trading 02 jan 2018 Commentaire »

Crude oil futures were flat Tuesday, holding near the highest in more than two years amid turmoil in the Middle East.

Sectarian fighting in Iraq and intense political protest in Iran have raised concerns over supply disruptions from the region.

Still, traders took profits from a sudden run-up in oil prices to end the year.

Here in the US, a spate of ultra-cold weather may drive demand for heating oil and other energy products.

Feb. WTI oil fell 5 cents, or less than 0.1%, to settle at $60.37/bbl.

Overseas, the UK manufacturing activity grew strongly at the end of 2017, though the pace of expansion moderated slightly, data published by IHS Markit showed Tuesday.

The IHS Markit/Chartered Institute of Procurement & Supply factory Purchasing Managers' Index fell to 56.3 in December from November's 51-month high of 58.2.


The material has been provided by InstaForex Company - www.instaforex.com

Japan Considers Adding Aircraft Carriers To Navy Amid North Korean Threat

Trading 02 jan 2018 Commentaire »
The Japanese government is considering adding aircraft carriers to its arsenal amid continued threats from North Korea and to counter Chinese aggression in the region, according to German public broadcaster DW Monday.

Alabama vs. Georgia 2018: Betting Odds, Prediction, For College Football National Championship

Trading 02 jan 2018 Commentaire »
The 2018 College Football National Championship will be decided by two teams from the school’s best conference. Alabama and Georgia will square off Monday night in Atlanta’s Mercedes-Benz Stadium, proving which team is truly the best in the SEC.

Delta Flight Attendants’ Lawsuit Claims Airline ‘Hostile’ To Jews, Israelis

Trading 02 jan 2018 Commentaire »
A lawsuit from four Delta Airlines flight attendants based out of New York claims the airline is “hostile” towards Jewish, Hebrew and Israeli passengers and employees. The Delta flight attendants allege rampant anti-Semitic behavior from the airline in what they describe as “a pattern of intentionally discriminating and retaliating against ethnically Jewish, Hebrew and/or Israeli employees and passengers,” according to the complaint filed Tuesday in U.S. federal court.

Lakers Rumors: LA Looking To Trade Jordan Clarkson, Julius Randle?

Trading 02 jan 2018 Commentaire »
The Los Angeles Lakers may soon move two of their more promising young players as they look to clear up enough salary-cap space to land experienced talent during the summer's free agent market.