Advance on North American markets continues
By canada goose outlet store uk The Canadian PressJuly 14, 2015 7:59am
TORONTO canada goose North American markets continued their recent advance Tuesday on the strength of positive news from abroad, but at a more measured pace than the previous two sessions.
The S composite index rose 66.18 points to 14,599.40 after a uk canada goose more than 250 point surge canada goose outlet over the prior two trading days as markets cheered a deal between Canada Goose Outlet cash strapped Greece canada goose outlet toronto factory and canada goose clearance its creditors.
In New York, the Dow Jones industrial canada goose jacket outlet average was up 75.90 points at 18,053.58 after having soared more than 425 points over the same period. The Nasdaq jumped 33.38 points to 5,104.89, while the S 500 advanced 9.35 points to 2,108.95.
On commodity canada goose outlet shop markets, the August crude contract recovered from early losses to rise 84 cents to US$53.04 a barrel despite a deal with Iran over its nuclear program. The deal could eventually result in oil from the big Middle East producer flooding onto an already saturated market.
Norman Raschkowan, senior partner at Sage Road Advisory, said the lack of a dampening effect on oil prices was likely due in part to the fact that it will take time for Iranian oil to affect markets.
I think canada goose outlet parka perhaps the initial response was also that with canada goose outlet reviews that (the nuclear agreement) getting resolved and with canadian goose jacket China perhaps stabilizing, maybe the outlook for global growth is a little better than people were expecting last week, he said.
Elsewhere in commodities, August natural gas fell more than two cents to US$2.84 per thousand cubic feet, while August gold gave back https://www.georg-godorr.de $1.90 to US$1,153.5 an ounce.
Besides the deal with Iran, canada goose outlet sale traders were also continuing to keep canada goose black friday sale an eye canada goose store on the situation in Greece where the government of Prime Minister Alexis Tsipras introduced legislation in parliament containing austerity measures that canada goose outlet online are expected canada goose uk outlet to face spirited opposition.
think people have assumed, and the markets if you look at their response, are certainly assuming, that he is going to be successful, Raschkowan said.
is certainly no guarantee of that and the risk would be goose outlet Canada Goose sale canada that he faces a revolt and is forced to call an election official canada goose outlet or something like that and the whole cheap canada goose process gets bogged down again. cents in advance of Wednesday interest rate announcement by the Bank of Canada. There has been widespread speculation the central bank will lower its trend setting policy rate as a result of a continuing slowdown in the economy.