The Metals, Money, and Markets Weekly Feb. 25, 2023: Jigsaw puzzle
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Metals : Volatility & sentiment signaling the bottom?Kitco News' contributed commentary features articles and opinions from some of the top experts in the gold industry.
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Onex profit climbs in fourth quarter, outperforms markets for the yearThe asset manager earned a 3% return on its private equity portfolio in a year when the S&P 500 fell 18%
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CIBC beats quarterly profit estimate on capital markets strengthProfit in capital markets jumped 13% to C$612 million ($450.40 million) in the reported quarter and drove an 8% rise in CBIC's overall revenue to C$5.93 billion. Still, CIBC's profit took a hit after it set aside C$295 million in provisions for credit losses in the reported quarter, up C$220 million from a year-ago period, as it braces for increased odds of more loan defaults in a rising interest rate environment.
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S&P/TSX composite down more than 100 points, U.S. stock markets also tumble | Globalnews.caS&P/TSX composite down more than 100 points, U.S. stock markets also tumble
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Ukraine war shook up markets, but much stays the same for Canadian oil and gasCanadian oil and gas companies benefited from high commodity prices earlier this year, in many cases posting record profits
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Ukraine war shook up markets, but was no game-changer for Canadian oil and gasCanadian oil and gas companies benefited from high commodity prices, but were hamstrung to help with energy security. Read on
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