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The commodity boom came to an abrupt end! Basic metals fell across the board, copper and nickel fell sharply, and crude oil fell three times in a row
The minutes of the Federal Reserve meeting show that the Federal Reserve may postpone interest rate cuts due to continued inflation, thus suppressing market expectations of interest rate cuts, and crude oil prices fell in response. Lun Copper closed down 4.05%, while Lunn Nickel fell 4.4%. Some analysts pointed out that the main reason for the decline in copper prices may be related to investors starting to make a profit settlement after copper prices hit a record high, recent weakness in copper demand, and a possible increase in copper production in Peru in 2024.
Desjardins Sticks to Their Hold Rating for Suncor Energy (SU)
Suncor Energy Maintained at Hold at TPH Following Business Update; Price Target at C$55.00
Tudor, Pickering, Holt on Wednesday reiterated its hold rating on the share of Suncor Energy (SU.TO, SU) with a C$55.00 price target after the oil producer and refiner held a business update. "We're i
Suncor Energy Inc. Is Maintained at Sector Perform by ATB Capital
Suncor Energy Inc. Is Maintained at Sector Perform by ATB Capital
Suncor Energy Inc. Is Maintained at Outperform by RBC Capital
Suncor Energy Inc. Is Maintained at Outperform by RBC Capital
Suncor Energy Inc. Price Target Raised to C$66.00/Share From C$61.00 by Wells Fargo
Suncor Energy Inc. Price Target Raised to C$66.00/Share From C$61.00 by Wells Fargo
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