Not exact matches
CNBC's Jackie DeAngelis reports on the trading action
in crude, as
oil prices slide on
global growth worries over demand.
TORONTO — The plunge
in global stock markets over the past week has dragged down the Canadian dollar and
oil prices, but some market observers see signs the loonie's fortunes will change this year even as the Canadian dollar continued its
slide Monday.
Global shares tumbled for a sixth day on Thursday and
oil prices slid to levels not seen since the early 2000s, after China guided the yuan lower and Shanghai shares tumbled 7 %
in less than half an hour.