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Special note: The expansion to the Panama Canal was completed in 2016 (As I noted a few years ago), and some of the traffic that used the ports of Los Angeles and Long Beach is probably going through the canal. This might be impacting TEUs on the West Coast. Container traffic gives us an idea about the volume of goods being exported and imported - and usually some hints about the trade report since LA area ports handle about 40% of the nation's container port traffic. The following graphs are for inbound and outbound traffic at the ports of Los... -Calculated Risk
Equities markets in Canada’s largest centre ended Wednesday pretty much unchanged, as investors awaited clarity on the status of new U.S. tariffs on Chinese goods. The TSX Composite Index dipped below the breakeven level by 11.09 points to finish Wednesday at 16,939.61 The Canadian dollar marched ahead 0.32 at 75.88 cents U.S. Gold led gainers, as NovaGold picked up 44 cents, or 5%, to $9.26, while Yamana Gold hiked 19 cents, or 4%, to $4.89. Among materials, Hudbay Minerals popped 28 cents, or 5.1%, to $5.11, while Silvercorp Metals climbed 41 cents... -Baystreet.ca
Equities in Canada’s largest market hugged the flatline much of Tuesday, as resource stocks had trouble counteracting losses in health-care issues. The TSX Composite Index swooned just 0.15 points south of breakeven to close Tuesday at 16,950.70. The Canadian dollar inched up 0.04 at 75.57 cents U.S. Senior U.S. and Canadian officials were set to fly to Mexico City to work on the final changes to a languishing North American trade pact that could clear the way for a vote in the U.S. Congress before the end of the year. Golds led the parade of winners... -Baystreet.ca
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