Freight & Shipping

TRANSPORTATION STOCKS MOVE INTO HIGHER GEAR -- DOW TRANSPORTS NEAR TEST OF MAJOR RESISTANCE LINE -- CH ROBINSON AND JB HUNT ARE TRUCK LEADERS -- KIRBY CORP IS MARINE TRANSPORTATION LEADER -- UTILITIES AND REITS LOSE GROUND ON RISING BOND YIELDS -- DOW JON

DOW TRANSPORTS NEAR TEST OF OVERHEAD RESISTANCE...After lagging behind the rest of the market for most of the past year, transportation stocks are starting to show new life. Chart 1 shows the Dow Jones Transportation Average surging more than 1% today to the highest level in more than a month. It's ...

Canada’s energy sector receives positive news—but challenges remain

Authors: Elmira AliakbariAshley Stedman Ottawa’s federal carbon tax is set to hit $50 per tonne in 2022. Read more about Canada’s energy sector receives positive news—but challenges remain Tags:  carbon tax energy sector canadian oil transport ...

Markets dancing to the Presidential Trumpet

The last 36 hours left me feeling like the poor guy in a Western movie, jumping up and down in a circle of cowboys who are shooting at his feet. That perverse cowboy jig is a similar one the world’s financial markets are dancing to at the moment with President Trump in charge of the music. For no ...

Daily Markets Broadcast 2019-08-21

Daily Markets Broadcast 2019-08-21 Stocks rebound is short-lived The Wall Street rebound came to a halt yesterday after a three-day rally as lower yields pressured the financial sector. European shares slid after Italian PM Conte announced his resignation. Hong Kong faces transport disruptions tod ...

Canada-US Preclearance Agreement enters into effect

On August 15, 2019, the Canada-United States Preclearance Agreement (officially known as the Agreement on Land, Rail, Marine and Air Transport Preclearance between the Government of Canada and the Government of the United States of America) entered into effect. The Canada-United States Preclearance ...

The eye of the hurricane

Robust retail sales data from the United States overnight stopped the rot to some extent on global markets after the previous day’s route on equity markets. Bond yields continued lower however with the US 30-year trading to a record low at 1.916% as China warned of impending retaliation to new US ...

China Tariff Update: List 4, Next Steps

While the Federal Register notice containing all the relevant details has yet to be published, today, the U.S. Trade Representative published an announcement confirming that certain unidentified products were removed from List 4 for health, safety, national security and similar reasons, and those r ...

Dovish central banks to shape late 2019 markets

As the Federal Reserve joins the European Central Bank (ECB) and Bank of Japan in rolling out new stimulus measures, global central banks are making their marks on the investment outlook for the remainder of 2019. The universe of negative-yielding sovereign bonds has grown to approximately US$13 tr ...

Selloffs Are All About Emotion; Watch These Sentiment Readings

Market Recap for Monday, August 5, 2019 It was a very bad day on Wall Street with our major indices having their worst day of 2019. Panic is setting in as the U.S. and China shoot trade war bullets back and forth at each other. China's Shanghai Composite ($SSEC, -1.56%) closed below its 200 day SMA ...

The CBSA is piloting blockchain technology

In October 2018, the Canada Border Services Agency (“CBSA”) announced “The CBSA Pilots Blockchain Technology“. The CBSA announced that it is participating in a pilot project being led by IBM and Maersk to evaluate the capacity of TradeLens. The pilot project has been designed to allow the C ...