Canada Goose

August 9, 2017 Comments Off on Canada Goose

The Gold Index is advancing 0.93 percent. Gold prices are rising Friday morning, following the release of the disappointing US jobs report.IAMGOLD (IMG.TO) is climbing 0.68 percent and Barrick Gold (ABX.TO) is rising 1.05 percent. Kinross Gold (K.TO) is up 0.86 percent and B2Gold (BTO.TO) is advancing 2.42 percent. Goldcorp (G.TO) is higher by 0.59 percent.The Capped Telecommunication Services Index is up 0.07 percent. Rogers Communications (RCI-B.TO) is increasing 0.19 percent.Jacket maker Canada Goose (GOOS.TO) reported a smaller-than-expected quarterly loss in its first quarter since its market debut. Shares are surging 8.93 percent.On the economic front, Canada’s merchandise trade balance with the world narrowed to a $370 million deficit in April, Statistics Canada said. Exports rose 1.8 percent while imports were up 0.6 percent.

A separate report from Statistics Canada showed that Canadian labor productivity increased 1.4 percent in the first quarter.Eurozone producer price inflation accelerated at a slower-than-expected pace in April, after easing in the prior month, figures from Eurostat showed Friday. Industrial producer prices climbed 4.3 percent year-over-year in April, faster than the 3.9 percent rise in March. Economists had expected a 4.5 percent increase for the month.The UK construction sector expanded at the fastest pace in 17 months in May as low interest rate and strong labor markets underpinned residential building activity.The Purchasing Managers’ Index for the construction sector advanced unexpectedly to 56.0 in May from 53.1 in April, survey results from IHS Markit and the Chartered Institute of Procurement & Supply showed Friday.The score was forecast to fall to 52.6.

The reading signaled the fastest growth in the construction sector since December 2015.With imports rising and exports falling, the Commerce Department released a report on Friday showing that the U.S. trade deficit widened more than expected in the month of April. The Commerce Department said the trade deficit widened to $47.6 billion in April from a revised $45.3 billion in March.Economists had expected the trade deficit to widen to $46.1 billion from the $43.7 billion originally reported for the previous month.In commodities, crude oil futures for June delivery are down 0.77 or 1.59 percent at $47.59 a barrel.Natural gas for June is down 0.004 or 0.13 percent at $3.004 per million btu.Gold futures for June are up $8.20 or 0.65 percent at $1,278.30 an ounce.Silver for July is up $0.129 or 0.75 percent at $17.41 an ounce.