Canada markets closed
  • Business
    Reuters

    Oil prices edge down as Russia lifts supplies, jet fuel demand stirs caution

    Oil prices edged down early on Tuesday after gaining in the previous trading session, due in part to the prospect of rising supply from Russia as well as the possibility of slower-than-expected downstream demand in sectors such as jet fuel. The Brent crude oil futures contract for May delivery slipped 16 cents to $86.73 a barrel as at 0300 GMT, whereas that for U.S. West Texas Intermediate (WTI) fell 13 cents to $82.03. Both benchmarks reached four-month highs in the previous session, buoyed by lower crude exports from Saudi Arabia and Iraq and signs of stronger demand and economic growth in China and the U.S.

  • Business
    Bloomberg

    Asian Stocks Fall as Traders Await BOJ Decision: Markets Wrap

    (Bloomberg) -- Asian equities slipped before a Bank of Japan policy decision where authorities are likely to bring an end to the world’s last negative rates regime.Most Read from BloombergApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesMusk Says His Ketamine Prescription Is in Investors’ Best InterestsTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamNvidia Unveils Successor to Its All-Conquering AI ProcessorPutin Warns Russia Won’t Stop After Predictable Election

  • Business
    Reuters

    Japanese stocks down, yen steady as markets brace for landmark BOJ shift

    Japanese shares fell on Tuesday along with regional markets, while the yen was steady heading into a pivotal Bank of Japan meeting that could end eight years of negative interest rates and usher in the nation's first policy tightening since 2007. In a week filled with central bank meetings across the globe, the BOJ takes the spotlight on the day with all signs pointing to the central bank shifting away from its ultra easy monetary policy. The BOJ is widely expected to set the overnight call rate its new target and guide it in a range of 0-0.1% by paying 0.1% interest on excess reserves financial institutions park with the central bank.

  • Business
    Bloomberg

    Oil Holds Gain With Russian Refining and OPEC+ Curbs to the Fore

    (Bloomberg) -- Oil held a gain with the impact of Ukrainian drone attacks on Russian refineries and OPEC+ supply cuts in focus.Most Read from BloombergApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesMusk Says His Ketamine Prescription Is in Investors’ Best InterestsTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamNvidia Unveils Successor to Its All-Conquering AI ProcessorPutin Warns Russia Won’t Stop After Predictable Election WinBrent crude traded near $87 a bar