100.1 GO FM - We're Your Feel Good Pop Station

BEFORE THE BELL: Trump drama drags global market again; Toyota joins autonomous arms race partnering with Uber

Trump-related drama is continuing to shake the global markets this morning. Reports of another White House firing and rumours of more Trump/Russia collusion are causing investors to pull back from taking risks.

The Nikkei felt the effects of nervous investors again as it fell .6 per cent in overnight trading.

The Loonie is having its own difficulty aside from the Trump drama, as NAFTA uncertainty and a sluggish Canadian economy are weighing it down to 76.50 cents US this morning.

Despite ongoing efforts to stubbornly boost crude production in the US, the price of oil is continuing to grow on the back of global demand for the product. Crude is up to 61-37 a barrel.

Gold is gaining to 1,320 an ounce.

Toyota joining the autonomous arms race as it partners with Uber to develop self-driving technology for its vehicles. This follows news that Canadian-run Magna International is partnering with US company Lyft to develop similar tech.

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

A number of water fixtures test positive for lead in two more NWT schools

Two more schools in the territory have tested positive for lead in some of their drinking water fixtures. The GNWT announced today that they received lead testing results for Elizabeth Mackenzie Elementary School in BehchokÇ«̀€ and École St. Joseph School in Yellowknife. The two schools join a growing list of 14 other schools out of 20 tested schools in the N.W.T. that have tested positive for elevated lead in drinking water.

Police believe fraud suspect may have fled to Nova Scotia

A 59-year old suspect is facing charges in an alleged incident of fraud following an investigation that began last year in Fort Providence. Police said the suspect may no longer be in the territory but a warrant has been issued for their arrest. The charges stem back to suspected fraud activity that allegedly occurred at a service station in the community of Fort Providence.

MLAs call for action on the Mackenzie Valley Highway

Members of the Northwest Territories Legislative Assembly are calling for the territorial and federal governments to commit to the construction of the Mackenzie Valley Highway.   

City releases progress update on Downtown Safety Initiative

A progress update on the Downtown Safety Initiative highlights suggestions for both long-term and short-term ways the area can be supported.

Support When You Need It

Our hearts are with the entire Tumbler Ridge community...