CETA

DIARY-Top Economic Events to August 28 | Reuters

June 25 (Reuters) -<p>For other diaries, please see:<p>Top Economic Events<p>Emerging Markets Economic Events<p>Government Debt Auctions<p>Political and General News<p>U.S. Federal Reserve<p>Today in Washington<p>—————————————————————————————- This Diary is filed daily. ** Indicates new events …

Federal Reserve

Quebec sees 2017-2018 surplus nearly tripling on strong economy

By Allison Lampert<p>MONTREAL (Reuters) - The Canadian province of Quebec expects its surplus from the last fiscal year to nearly triple, Finance …

Economy

‘Build them here!’ Auto stocks tumble after Trump tweets threat of 20% tariff on all European cars

LONDON — European and U.S. autos shares fell sharply on Friday after U.S. President Donald Trump threatened a 20 per cent tariff on all car imports …

Investing (Canada)

EU retaliatory tariffs on U.S. goods go into effect

The European Union is enforcing $3.4 billion US in tariffs on U.S. products as of Friday in retaliation to duties the Trump administration has put on …

Globalization

Dow snaps losing streak on energy lift

NEW YORK (Reuters) - The S&P 500 and Dow Jones Industrial Average climbed on Friday, as the Dow put to rest an eight-day losing streak with a boost from energy stocks, but losses in the technology space kept the Nasdaq in check.<p>U.S. crude settled up 4.6 percent at $68.58 a barrel and Brent settled …

Business

Asian shares flirt with six-month lows as signs of tariff effects appear

Asian shares were under pressure on Friday on signs U.S. trade battles with China and many other countries are starting to chip away at corporate profits, with oil prices choppy ahead of major producers meeting to discuss raising output.<p>MSCI’s broadest index of Asia-Pacific shares outside Japan was …

Economy

Canadian steel not a national security threat on its own: US commerce secretary

The U.S. commerce secretary says Canada is not a national security threat and that a revitalized NAFTA could make the Trump administration's tariffs …

Canadian Politics

CETA sabotage would mark an ‘own goal’ for Italy’s populists

On the trade front, Canada doesn’t have a lot going for it right now. Now CETA, the new Canada-European Union Comprehensive Economic and Trade Agreement, a deal that had looked as solid as a wheel of Parmigiano-Reggiano cheese, is in trouble thanks to a populist revolution in Italy that carries …

World News

Gold Holds at Six-Months Low as Trade Tensions Resurface

© Reuters. Gold was lower on Thursday.<p>Investing.com - Gold prices remained at six-month lows on Thursday, as trade tensions between the U.S. and …

Globalization

Wilbur Ross: China to blame for steel tariffs against Canada

Commerce Department Secretary Wilbur Ross said Wednesday that the U.S. needs a steel tariff against Canada because China's trade practices are …

Business (Canada)

Flemish Parliament gives green light to CETA

In October 2016 the EU and Canada reached an accord on a free trade agreement after years of negotiations. The agreement only came after then …

Europe

Asian shares subdued amid lull in trade spat, oil eases into OPEC

© Reuters. FILE PHOTO: A man walks past electronic boards showing Japan's Nikkei average, the Dow Jones Industrial Average and foreign exchange rates …

Stock Markets

At midday: Energy, marijuana stocks push TSX to new high

Canada’s benchmark index touched a record intraday high on Wednesday morning, after rallying more than 100 points in early trading.<p>The S&P/TSX Composite Index rose as high as 16,424.8, up 108 points, eclipsing its previous record in early January and putting it on track to close at a record high as …

Business (Canada)

Forex - Dollar Edges Higher amid Lull in Trade Rhetoric

© Reuters. Dollar edges higher amid lull in trade rhetoric<p>Investing.com - The dollar edged higher against a currency basket on Wednesday in subdued …

Forex

Four things you should know about Canadian stocks. (No. 2: Analysts are ‘behind the curve’)

Briefing highlights<p>BMO’s Belski on Canadian stocks<br>• A Senate scene I’d love to see<br>• Global markets perk up<br>• New York set for stronger open<br>• Canadian dollar near 75 cents<br>• What to watch for today<p>Four things<p>As Brian Belski sees it, there are four things you should know about Canadian stocks.<p>“To be sure, …

Business (Canada)

Asia business sentiment slips from seven-year high on trade worries: Thomson Reuters/INSEAD

© Reuters. A man stands on the Bund in front of Shanghai's financial district of Pudong in Shanghai<p>By Liz Lee<p>KUALA LUMPUR (Reuters) - Business …

Economic Data

Looking for another Nasdaq? Try Europe’s aerospace and defence stocks

Fat order books covering several years of sales have made European aerospace and defenCe firms a winning bet as a slowing economy and political instability have clouded prospects for the region’s equity market.<p>The sector’s stock prices have been hitting record highs, even as investors become more …

Business (Canada)

China’s threatened tariff on lobster from U.S. has Maine’s industry on edge

The Maine lobster industry is reeling at the prospect of losing its biggest overseas market.<p>Industry leaders warn that a proposed 25 percent Chinese …

Portland, ME

Audi CEO arrested, throwing Volkswagen into leadership crisis

FRANKFURT — The head of Volkswagen’s luxury arm Audi was arrested on Monday, the most senior company official so far to be taken into custody over …

Investing (Canada)

Malmström says EU ‘will find a way’ to do Australia trade deal

SYDNEY — EU trade chief Cecilia Malmström acknowledged Monday there would be “difficult moments” in trade talks with Australia, but predicted that a …

Free Trade

At midday: TSX rises as higher oil prices boost energy shares

Canada’s main stock index rose on Monday, boosted by the energy sector which climbed higher after a gain in oil prices.<p>At 11:31 a.m. ET, the Toronto Stock Exchange’s S&P/TSX Composite Index was up 60.27 points, or 0.37 per cent, at 16,374.69.<p>Oil prices rose ahead of an OPEC meeting this week that …

Business (Canada)

Asian shares fall as U.S.-China trade spat escalates

© Reuters. A man walks past an electronic stock quotation board outside a brokerage in Tokyo<p>By Hideyuki Sano and Swati Pandey<p>TOKYO/SYDNEY (Reuters) - …

Stock Markets

Italy threatens to scupper EU-Canada free trade deal

The new government in Rome is walking in the footsteps of Donald Trump's trade protectionism, as it has threatened to torpedo the CETA trade …

Globalization

Comment on Merkel’s Government Wobbles Over Immigrant Row as Italy Threatens Canada Trade Deal by fajensen

I’m becoming more willing to accept that this behavior is on purpose, but I cannot figure out why.The purpose is to destroy those Profane European …

Europe

Stocks stumble as the US and China hit one another with billions of dollars worth of tariffs

Stocks stumbled Friday after the Trump administration slapped China with hefty tariffs on billions of dollars worth of Chinese goods, prompting retaliation and stoking a trade battle between the world's largest economies. Crude oil slid ahead of next week's meeting among oil-supply-cutting …

Markets

Italy threatens to scupper EU’s trade deal with Canada | Financial Times

Italy’s new populist government has threatened not to ratify a sweeping EU trade deal with Canada. The move could scupper the entire agreement and …

Europe

Stocks Lower: Boeing, Cat Drag On Dow; Apparel IPO Spikes 28%

The Trump administration's ramp-up of China tariffs bit into early trade Friday, helping send stocks lower at the open as the market tacked toward a …

Business

PRECIOUS-Gold tumbles to 5-1/2-month low despite looming U.S.-China trade war

© Reuters. PRECIOUS-Gold tumbles to 5-1/2-month low despite looming U.S.-China trade war<p>* Spot gold hits lowest since Dec. 26<p>* Trump imposes tariffs …

Stock Markets

Italy threatens to block CETA ratification

Italy will not ratify CETA, the trade agreement with Canada, as it does not sufficiently protect the country’s food specialities, Italian Agriculture …

Europe

ASX has best performance in 11 months as Telstra recovers

APA Group also received a takeover bid worth $13 billion from CK Group. While the $11 a share offer was met favourably on Wednesday, its shares fell …

Stock Markets