Commodities

Gold producers pummelled as market braces for a drop

Gold has been hit hard by central bank actions in the United States and Japan, falling to four-year lows and further eroding the value of gold producers.Investors had already driven bullion down to about $1,200 (U.S.) an ounce this fall in anticipation that the U.S. Federal Reserve Board would stop pumping dollars into the economy.   Saturday, November 01, 2014

Will end of QE spark market meltdown? Not so fast

sbarlow@globeandmail.com Scott Barlow, Globe Investor's in-house market strategist, writes exclusively for our subscribers at ROB Insight and Inside the Market online. Subscribe to Globe Unlimited at globeandmail.com/globeunlimited.   Saturday, November 01, 2014

GDP contracts 0.1 per cent in summer slowdown

The promising Canadian economic recovery of 2014 has been set back by a serious case of the summertime blues.Canada's gross domestic product unexpectedly fell 0.1 per cent in August from July, due primarily to slumping output in two of the economy's key goods-producing sectors, oil and gas extraction and manufacturing, Statistics Canada said Friday. The surprise August contraction followed a disappointing July in which the economy posted essentially no growth.   Saturday, November 01, 2014

Japan's surprise stimulus roils markets, caps wild October

The Bank of Japan sent shock waves through financial markets by announcing it will increase its bond-buying economic stimulus program, the biggest development on a day that put an exclamation point on a volatile month for global markets.   Saturday, November 01, 2014