Month: October 2020

Down $0.38 or -1.05% The price of crude oil futures settle at $35.79. That is down -$0.38 or -1.05%. The high price reached $36.60. The low price reached $35.21. The price last week closed at $39.85. With the close this week at $35.79. That represents a -10.2% decline for the week. Driving the price lower
The manufacturing PMI fell from September but not by as much as expected (central median estimate). Manufacturing 51.4Non-manufacturing 56.2Composite 55.3 prior 55.1 Official Purchasing Manager’s Index (PMI) from China’s National Bureau of Statistics. All remain above 50 and in expansion.   China’s economy is still struggling out of the pandemic response earlier in the year, but
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Bloomberg with the report on proposals in Canada, citing a senior government official.  Finance Minister Chrystia Freeland’s fiscal statement at the end of November could include details on government funding plans for child care, prescription drugs and other long-term priorities that will be structural in nature new spending would represent just under 1% of economic
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