â–º Listen Live

BEFORE THE BELL: Investors await a decision on a final US interest rate hike coming this afternoon

Investors will likely get a better idea of how 2019 could shape up for global markets. The US Federal Reserve is expected to release its decision on a final interest rate hike for the year this afternoon, with Central Bank officials commenting on whether the tightening policy will continue in the New Year.

The price for crude made an attempt to pull out of a slide this morning, but is moving down again as investors worry over the lack of demand next year. US oil is down to 46.24 a barrel.

The Loonie has gained slightly from a slump to 74.33 cents US.

Continue Reading

cjsu Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Ribbon-cutting ceremony welcomes new recovery centre in North Cowichan 

A new recovery centre in North Cowichan was welcomed by dignitaries and supporters at an event yesterday (Sept. 12) on Norcross Road.

Herd Road re-opens to public traffic after months of construction 

Herd Road is going to be ready to open to traffic starting on Sept. 16.

Ladysmith residents sweepingly approve of Spring Clean-Up service 

Half of respondents approved of the Town of Ladysmith's handling of the Spring Clean-Up program.

More Shaikh Al Kar products recalled in B.C. due to salmonella

A recall of Shaikh Al Kar products due to possible salmonella contamination is expanding in British Columbia. 

More Shaikh Al Kar products recalled in B.C. due to salmonella

A recall of Shaikh Al Kar products due to possible salmonella contamination is expanding in British Columbia. 
- Advertisement -