Articles by Rebecca Torres
Materials Sector Gains on Inflation Data, Steel Slumps on Tariff Fears
The materials sector advanced Friday as a cooler inflation reading boosted sentiment, though steel and aluminum stocks retreated amid renewed tariff concerns. Copper prices held firm despite a significant build in exchange inventories.
Ucore Rare Metals Lags TSX Rally Ahead of Holiday Pause
Ucore Rare Metals shares edged lower Friday, diverging from a broad commodity-led rally on the TSX. Trading pauses Monday for Family Day and Presidents' Day.
Natural Gas Market Braces for Volatility Amid Conflicting Demand Signals
U.S. natural gas prices ended the week lower despite a Friday gain, as traders weigh strong LNG export demand against forecasts for warmer late-February weather. Market attention turns to storage data and pipeline constraints.
Oil Markets Brace for Supply Shifts as Venezuela Sanctions Ease, OPEC+ Mulls Output Hike
Energy markets prepare for a volatile week with potential supply increases from Venezuela and OPEC+ discussions, while delayed U.S. inventory data adds uncertainty. Major oil shares showed mixed performance.
Silver Rebounds on Soft CPI, Traders Eye Fed Minutes and GDP Data
Spot silver rallied 3.4% to $77.70 per ounce Friday following softer-than-expected U.S. inflation data, reducing its weekly decline to 0.3%. The rebound came after an 8.9% plunge Thursday triggered by strong employment figures and stop-loss selling.
Natural Gas Futures Gain as Traders Monitor Weather and LNG Exports
Natural gas prices advanced Friday as traders assessed late-February weather outlooks and stable LNG export activity. The U.S. gas rig count rose by three to 133 last week.
Gold Surges Past $5,000 on Rate Cut Hopes, Eyes on Fed Minutes
Gold prices rallied more than 2% on Friday, reclaiming the $5,000 level after cooler-than-expected U.S. inflation data revived expectations for Federal Reserve interest rate cuts. The focus now shifts to key economic releases in the holiday-shortened week ahead.
Cattle Futures Mixed, Kontoor Brands Seen Undervalued, Premier Energies Overvalued
February live cattle futures gained 47 cents amid quiet cash trade, while feeder cattle futures were mixed. Kontoor Brands' DCF valuation suggests a 32% upside, contrasting with Premier Energies' elevated P/E ratio amid slower growth forecasts.
MP Materials Gains Ahead of Holiday, Eyes Earnings and China Policy
MP Materials shares climbed 1.3% to $58.03 Friday, rebounding from a 5.4% drop. Markets are closed Monday for the holiday, with Q4 earnings and a China policy update next on the calendar.
Pan American Silver Stock Surges on Silver Price Rebound Ahead of Earnings
Pan American Silver shares climbed 6% to $57.93 Friday, lifted by a rebound in silver prices after mild inflation data. The company reports earnings on Feb. 18.
Chevron Gains as U.S. Eases Venezuela Sanctions; OPEC+ Meeting Looms
Chevron shares advanced Friday following eased U.S. sanctions on Venezuela's energy sector. Oil prices posted modest gains ahead of a key OPEC+ meeting scheduled for March 1.