grow

Why this metal can record a “completely ballistic” price jump. In addition, the hissing recovery in energy stocks is facing concerns about global growth

Goldman Sachs metal strategist Nick Snowdon believes that global renewables will push copper prices from the current $ 4.29 a pound to $ 6.80 a pound by the end of the decade. He adds that the fundamental outlook for supply and demand is so dire that it does not rule out an “absolutely ballistic” temporary …

Why this metal can record a “completely ballistic” price jump. In addition, the hissing recovery in energy stocks is facing concerns about global growth Read More »

GDP disappointed, but the Bank of Canada is unlikely to change the trajectory of rates

Canada’s economic growth slowed in the first quarter of 2022, but accelerating demand has shown why the Bank of Canada is unlikely to deviate from its rate of rapid interest rate increases. After adjusting for inflation, gross domestic product grew at an annualized rate of 3.1 percent, decelerating from 6.6 percent in the fourth quarter …

GDP disappointed, but the Bank of Canada is unlikely to change the trajectory of rates Read More »

GDP disappointed, but the Bank of Canada is unlikely to change the trajectory of rates

Canada’s economic growth slowed in the first quarter of 2022, but accelerating demand has shown why the Bank of Canada is unlikely to deviate from its rate of rapid interest rate increases. After adjusting for inflation, gross domestic product grew at an annualized rate of 3.1 percent, decelerating from 6.6 percent in the fourth quarter …

GDP disappointed, but the Bank of Canada is unlikely to change the trajectory of rates Read More »