Oil Plummets Below Break-Even Point For Most Canadian Producers — With More Pain To Come - Financial Post

@wakanda-forever · 2020-03-19 06:00 · finance

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‘No limits to our commitment to the euro:’ ECB to buy $820 billion of debt in emergency move to combat coronavirus hit: Reuters


With much of Europe in lockdown amid the coronavirus outbreak, economic activity has come to a near standstill

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Coronavirus calamity is not the time to provide less than solid economic rescue plan: Kevin Carmichael


Kevin Carmichael: Morneau needs to execute more measures, with pace

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Coronavirus relief package not likely enough to stop widespread layoffs, some observers warn: Barbara Shecter


Critics say it won't prevent businesses from laying off staff, thus raising risk of closures and a deep recession

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U.S. economy will shrink by 14% as coronavirus leads to worst contraction in 50 years: JPMorgan: Victor Ferreira


Even if there’s a rebound in the second half, the economy will still shrink almost 2% over year

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Oil plummets below break-even point for most Canadian producers — with more pain to come - Financial Post:


Oil plummets below break-even point for most Canadian producers — with more pain to come Financial Post Oil falls 24% in 3rd worst day on record, sinks to more than 18-year low CNBC Oil's Recent Plunge Signals No End in Sight for Meltdown Rigzone View: The en…

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How to protect your personal finances amid the coronavirus chaos: Jason Heath


Jason Heath: With more repercussions to come, there are still steps you can take to protect your financial wellbeing

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Warren Buffett says negative interest rates puzzle him, but don’t scare him: Bloomberg News


Buffett cautions he's not an expert in predicting interest rates

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Searching for a bottom, Canada’s stock managers eye 2016 support: Bloomberg News


Money managers are gingerly stepping back into the market in the hope that a four-year low is the bottom

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Extreme market stress puts US$6.4 trillion ETF sector under acute pressure: Financial Times


ETF liquidity is not infinite, and its cost and quantity are impacted by severe market conditions, just the same as any other security

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Bank of Canada says Stephen Poloz won’t announce any new measures today: Bloomberg News


Poloz will only be speaking about the work the central bank has been doing to ensure the financial system is running smoothly

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Dow tanks at open, immediately wiping out all of yesterday’s 1000+ point gains: Victor Ferreira


TSX falls more than 4%

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The earnings reports to watch to gauge just how hard coronavirus ‘tsunami’ is hitting economy: Victor Ferreira


The outpouring of company data expected in the next two months has the potential to fuel another downward leg in the market

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LIVEBLOG: Pandemic updates on the markets, economy and Canadian business for March 18: James McLeod


Federal government expected to announce a massive stimulus package

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How much damage can the coronavirus do to Canada’s economy — and how we’ll bounce back: BMO chief economist Doug Porter — podcast: Emily Jackson


Episode 46 in Down to Business podcast from the Financial Post

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Immigration slowdown could add to economy’s woes as coronavirus pressures mount: Geoff Zochodne


Closed borders around the world will slow influx of a potential 340,000 new residents that help keep country ticking

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Dow futures down 800 points, S&P hits lower trading limit as world stocks plummet again on coronavirus fears: Bloomberg News


Treasuries also fell amid a bond sell-off

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Ottawa to unveil $20 billion or more to cushion financial shock of coronavirus: The Canadian Press


Measures could include temporary increase in the Canada Child Benefit and grants to workers who don't qualify for employment insurance

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How to keep those teleconference calls on track: Postmedia Network


Staying connected can be difficult while everyone is working remotely, but it doesn't have to be.

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Working from home? You should be using a VPN.: Postmedia Network


If you're going to be spending the next few weeks working from home, any hacker peeking in on your local network can also get a glimpse into the work you're doing for your company, too, potentially compromising their data as well.


[news curation]@wakanda-forever



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