There we go. It’s here. President Donald Trump agreed to a phase-one trade deal with China, averting the Dec 15 introduction of new tariffs on $160 billion worth of Chinese goods.
The Fed left interest rates unchanged on Wednesday, and chairman Powell reinstated his belief that the labour market can improve further despite unemployment being at a half-century low. “Even though we’re at 3.5% unemployment, there’s actually more slack out there,” Powell said. “And the risks of using an accommodative monetary policy’’ to boost the labour market are “relatively low.’’
Return of the Tariff Man Thanksgiving is over, and tariff man strikes again! This time: the victim is France. The US proposed tariffs on some $2.4 billion in French products, a response to a tax on digital revenues in France that hits large American tech companies including Google, Apple, Amazon, and Facebook.
Permex Petroleum (OIL.C) is raising funds through a non-brokered private placement, fulfilling the first of its three priorities in 2019.
Supreme Cannabis (FIRE.V) has signed a three-year agreement with MediPharm Labs to launch its own line of cannabis-oil extracts.
Permex Petroleum (OIL.CN) has received a fair amount of coverage here at Equity Guru. With the company and its multiple moving parts, it’s a challenge keeping pace with new developments.
One month ago, we profiled Oracle Energy (OEC.V), an aggressive Oil and Gas junior focused on the Eagle Ford Formation of South Texas.