Category: Reverses
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B.C. First Nations leader reverses Northern Gateway stance
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Article content The head of the Confederation of British Columbia Indian Chiefs has backed away from his previous opposition to the Northern Gateway Pipeline project connecting Alberta to the Pacific Ocean. Article content Grand Chief Stuart Phillip says while he “really fought” the construction of the Northern Gateway before it…
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TA of the Day: Bitcoin Hits $70,000 But Reverses Sharply. A Minor Blip or a Major Trend Shift?
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Bitcoin price rose above $70,000 for the first time since early June, but was met with a wave of selling, causing it to fall by more than 3%. It is not yet clear what caused the price move, but it may be related to the US government’s transfer of more…
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SRC bows to pressure, reverses pay rise for CSs, MPs and governors
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The Salaries and Bonuses Committee bowed to popular pressure and decided to freeze salary increases for all state employees. According to SRC Board Chairwoman Lynn Mengich, the move came after consultations. She said the salary review was based on the salary structure stipulated in Article 11 (e) of the Education…
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At the close: S&P 500 reverses lower after touching a fresh record high
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SPX daily Closing changes: The S&P 500 fell 0.4%. Nasdaq down 0.7% Russell 2000 +0.1% Dow Jones Industrial Average -0.1% Toronto TSX Companies -0.5% The S&P 500 closed the first half of the year up 14%, but today’s pullback from its all-time high is somewhat ominous. Against this backdrop, however,…
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Asia FX dips as dollar steadies from payrolls plunge; yen reverses course By Investing.com
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Investing.com — Most Asian currencies fell on Monday as the dollar stabilized from Friday’s decline after weaker-than-expected jobs data led markets to increase bets on interest rate cuts by the Federal Reserve. The Japanese yen was the worst performer in Asia, as it reversed course after clear government intervention last…