Atlanta Fed introduces new GDP estimation model adjusted for gold trade
According to the Atlanta Fed, rising stockpiles of gold have artificially depressed its nowcast model by widening the US trade deficit.
Canada's largest diversified miner, Teck Resources (TSX:TCK.B) (NYSE:TCK) logged Thursday better-then-expected quarterly revenue thanks mainly to a sustained rally in coking coal as well as the firm’s cost-cutting measures implemented in the three months to Sept. 30 The Vancouver-based company, the best-performing...
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