Commentary

Tech Talk for Monday March 18th 2019

Pre-opening Comments for Monday March 18th U.S. equity index futures were higher this morning. S&P 500 futures were up 2 points in pre-opening trade. Index futures responded partially to a 2.47% gain by the Shanghai Composite Index in overnight trade. WTI Crude Oil added $0.15 to $58.72 after OPEC ...

Frontera Awarded Two Exploration Blocks in Ecuador’s Intracampos Bid Round

New Country Entry Marks Continued Progress with Upstream Growth Strategy Successful Bids Further Consolidate Frontera’s Strength in North Andean Region of South America TORONTO, March 13, 2019 /CNW/ – Frontera Energy Corporation (TSX:FEC) (“Frontera” or the ” Company“) and GeoPark Limit ...

Indonesian coal faces uphill struggle to diversify exports away from China

China represents a huge market for thermal coal, and for regional suppliers there is no way to avoid the dragon. That’s especially true for Indonesia, the world’s largest exporter of the commodity. According to the Bank of Indonesia, in 2017 the mining industry contributed about 4.7% to the Ind ...

How Durable Is the Fed’s Dovish Turn?

The Federal Reserve’s recently communicated change in its outlook for monetary policy has led to concerns that the Fed is overreacting to market volatility, or worse, succumbing to political pressures. However, we believe there is a more compelling reason for the dovish shift. Policymakers are no ...

Earnings Season Brings with it Lots of Trading Candidates

We're now deep into earnings season, with hundreds of companies reporting last week alone. The reaction to earnings so far has been mostly positive - witness the nice move higher in the market. But we've also seen some earnings misses, with those companies taking it on the chin. The very good ...

Exxon Mobil Planning To Double Profit Through Creation Of New E&Ps

Oil major Exxon Mobil Corp. (NYSE: XOM) said Jan. 31 it would create three new separate E&P companies, effective April 1, in an effort to double its profit by 2025. The three new companies will be called ExxonMobil Upstream Oil & Gas Co., ExxonMobil Upstream Business Development Co. and ExxonMobil U ...

US Shale Producers Earnings Expectations, 2019 Forecast

As the E&P sector sets up for fourth-quarter results and 2019 plans over the next couple of weeks, analysts look for oil and gas shale producers in the U.S. to organize around some common themes. A recent analyst report by the Williams Capital Group LP predicts these themes could include: lower 2019 ...

50 top Canadian stock picks for 2019 as chosen by the pros

Last year was a rough one for investors, with markets turning in their worst performance in 10 years. And volatility promises to be a constant challenge for investors in 2019. But where there is upheaval there is also opportunity, and the drop in valuations means there are potential bargains to be ...

Earnings Season Kicks into High Gear - Be Prepared to Profit

Earnings season began in earnest last week, with major financial companies being rewarded and helping to lead the market higher. It's one of four time periods during the year when publicly traded companies share their earnings results so that investors can get a sense of the financial health of eac ...

USD/CAD – Bank of Canada rate decision in focus

Wednesday January 9: Five things the markets are talking about Global equities are well supported for a third consecutive session as the U.S and China have found some common ground on trade. Note: Both countries agreed to extend trade talks in Beijing for an unscheduled third-day. Despite both ne ...