As New Year’s Eve celebrations begin there’s not much to raise a glass to in today’s trading.
As New Year’s Eve celebrations begin there’s not much to raise a glass to in today’s trading. With trading pretty thin it was oil and Greece that dominated world markets again; the price of crude down to $53 and political unrest in Greece set to derail the country’s economy. Energy stocks are down 9 per cent this year on the Toronto Stock Exchange; expectations that demand will continue to stay weak for some time while there is a supply glut means that 2015 will begin on a pessimistic note.
Oil is trending lower
Gold is trending lower
The loonie is slightly up against the US dollar
Oil is trending lower
Gold is trending lower
The loonie is slightly up against the US dollar
