International Markets

International Petroleum Corporation Announces Results of Share Repurchase Program

TORONTO, Dec. 09, 2019 (GLOBE NEWSWIRE) — International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 886,100 IPC common shares (ISIN: CA46016U1084) during the week of December 2 to 6, 2019 under the previously ...

How to Evaluate Smart Beta ETFs

By Nicolas Rabener of FactorResearch (@FactorResearch) Beta is like ice cream and comes in many flavors. Broadly we can categorize it into the following four types: Plain beta: Market capitalization-weighted benchmark indices like the S&P 500 or FTSE 100. Smart beta: Indices with tilts to factors ba ...

Week Ahead – The UK election is upon us

The upcoming week is going to be a wild ride for those of us in the UK who are facing the most unpredictable election in modern times, one that will dictate not just the domestic agenda over the next five years but also the Brexit outcome. It’s no small issue. Biggest UK election in decades nex ...

Asia Morning: It’s The Safety Dance

Asia markets have opened with a cautiously optimistic tone this morning, following a similarly cautiously optimistic session across most asset classes in North America. The US continuing jobless claims rose slightly but were offset by a fall in new jobless claims. The US factory orders data came i ...

Asia Morning Session: Global Markets Return To Their Happy Place

I did ponder yesterday, whether President Trump’s trade comments Tuesday on a trade agreement not arriving until after next years Presidential election, were referring to the interim US-China trade agreement, or the trade Nirvana-like, comprehensive one.  He appears to have been referring to th ...

Barbs Fly At North Atlantic Tariff Organisation

Prepared by Jeff Halley, Senior Market Analyst   President Trump’s comments that a trade deal may not happen until after the 2020 election sent stock markets into a tailspin overnight, and are spilling over into the Asia Pacific this morning. One thing that isn’t clear to me, though is if the ...

Asia Morning Session: Tariff Man Returns!

President Trump jets into London today for a NATO meeting, and I wouldn’t be surprised if he emerges from Air Force One wearing camo-paint, a headband and belts of M-60 ammunition hanging across his chest. Tariff Man was back with a vengeance overnight, roiling financial markets, as President T ...

Asia Morning: China Is Primed To Loan

Fresh from cutting the 7-day repo rate on Monday, China has shaved 5bps of its 1-year and 5-year Loan Prime Rates this morning to 4.15% and 4.80% respectively. It seems clear that China isn’t waiting around for an interim trade deal to be signed and is cranking up the revolutions on the stimulus ...

Asia Close: A Tale of Two Cities

Chinese and Asian regional equities continued to diverge today with currencies almost unchanged and oil continuing to ease after last nights sell-off. Equities It could be further easing by China to provide stimulus to the economy, possibly continuing tomorrow with the one and five-year Loan Prime ...

Asia Morning: It Can Be Lonely At The Top

That is probably how equity markets are feeling this morning as Wall Street eked out minuscule gains to extend record highs. Still, worryingly, the rest of the street seems to be jumping off the trade-deal/global recovery ship and into the lifeboats. Let’s start with central banks; the PBOC cut ...