â–ş Listen Live
â–ş Listen Live

BEFORE THE BELL: India-Pakistan tension weights markets; US crude inventory drains, pushing oil prices higher

North American markets are expected to dip this morning on geopolitical tensions. Investors are carefully watching the tensions gaining between India and Pakistan and the next summit meeting between Donald Trump and Kim Jong Un.

Meanwhile, Weight Watchers shares are dipping over 35 per cent in premarket trading after the company came up short on expectations. A major subscriber dip has led to a forecast revenue of $1.4 billion, well below analyst expectations of $1.7 billion.

On the northern side of the border, StatsCan will give investors a better look at inflation data this morning.

As US crude inventories drain, the price for oil is pushing higher. US crude is up to 56.53 a barrel.

The Loonie is gaining to 76.14 cents US.

Continue Reading

cjat Now playing play

ckqr Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Province rolls out updated flu and COVID-19 vaccines for fall

B.C. officials say it’s time to roll up your sleeves as we enter the fall virus season.  The post Province rolls out updated flu and COVID-19 vaccines for fall appeared first on AM 1150.

Castlegar man dies after lighting fire in alley

A 70-year-old Castlegar man has died after starting a fire behind a business in the 1700 block of Columbia Avenue.

B.C. attorney general welcomes proposed federal bail reforms targeting repeat violent offenders

B.C. Attorney General Niki Sharma said proposed changes to Canada’s bail laws reflect the province’s push for tougher rules targeting repeat and violent offenders.  The post B.C. attorney general welcomes proposed federal bail reforms targeting repeat violent offenders appeared first on AM 1150.

Vote on 2nd Castlegar ice sheet expected in 2026

A referendum to decide whether Castlegar and area residents are willing to pay for a second ice surface and a walking track is likely a year away.

Lawsuit against Rossland politicians settled

A $1 million lawsuit brought in 2023 by a local businessman against five current and former members of Rossland city council has been settled out of court.
- Advertisement -