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  • Heavy snow, deep cold halts transport across Japan, at least one dead

    From brecorder.com

    Heavy snow blanketed wide swathes of Japan on Wednesday, snarling traffic, forcing hundreds of flight cancellations and disrupting train travel, leaving at least one person dead. An unusually cold weather front and extreme low pressure systems set snow falling and strong winds blowing across Japan from Tuesday. Snow was particularly heavy on the side of the nation facing the Sea of Japan, with the city of Maniwa in western Japan hit with a record 93 cm (36 inches) in the 24 hours to 8:00 a.m. (2300 GMT) on Wednesday. One person had died as a result of the storm and two other deaths were being investigated as related ... (full story)

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    BOC's Gov. Macklem: The likelihood of a wage-price spiral has decreased

    From @financialjuice|Jan 25, 2023

    tweet at 11:29am: BOC'S GOV. MACKLEM: THE LIKELIHOOD OF A WAGE-PRICE SPIRAL HAS DECREASED. tweet at 11:32am: BOC'S GOV. MACKLEM: IT WILL NOT FEEL GOOD IF THE ECONOMY STALLS, BUT WE NEED THIS PERIOD OF NO GROWTH. tweet at 11:34am: BOC'S GOV. MACKLEM: THERE MAY BE A MILD RECESSION, BUT IT WILL NOT BE A CONTRATCION.

    BOC's Gov. Macklem: If inflation falls, it will be proof that BOC has done enough

    From @financialjuice|Jan 25, 2023

    tweet at 11:16am: BOC'S GOV. MACKLEM: IF INFLATION FALLS, IT WILL BE PROOF THAT BOC HAS DONE ENOUGH. tweet at 11:15am: BOC'S GOV. MACKLEM: WHEN ASKED WHAT HE WOULD NEED TO SEE TO RAISE INTEREST RATES AGAIN, HE SAYS HE WOULD LOOK FOR AN ACCUMULATION OF EVIDENCE. tweet at 11:17am: BOC'S GOV. MACKLEM: SERVICE INFLATION WILL TAKE LONGER TO DECLINE. tweet at 11:17am: Boc's gov. macklem: service inflation will take longer to decline. tweet at 11:20am: BOC’S MACKLEM: IT IS ‘FAR TOO EARLY TO TALK ABOUT RATE CUT’; INFLATION STILL 6% VS. 2% TARGET #interestrates #inflation #Canada #economy

    Kinder Morgan: Many gas pipes facing constraints on peak days. Many are almost full

    From @financialjuice|Jan 25, 2023

    tweet at 11:04am: KINDER MORGAN: MANY GAS PIPES FACING CONSTRAINTS ON PEAK DAYS. MANY ARE ALMOST FULL.

    •   Newer Stories
    French Bank Commits To Reducing Oil And Gas Lending By 80%

    From oilprice.com|Jan 25, 2023

    French bank BNP Paribas has made a commitment to reduce lending to the oil and gas industry by 80 percent by 2030 as part of entering a new phase in its decarbonization efforts. ...

    UK Nuclear Industry Seeks More Government Clarity for Investment

    From bnnbloomberg.ca|Jan 25, 2023

    Britain needs more government support to achieve its nuclear-power ambitions, which could improve the country’s energy security and help achieve its climate goals, industry ...

    Bank of Canada at the peak

    From think.ing.com|Jan 25, 2023

    A 25bp rate hike from the Bank of Canada with a pause declared given expectations of a stalling economy and sharply lower inflation. While suggesting they could hike further if ...

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  • Posted: Jan 25, 2023 11:53am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 63
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