VernieChiu

VernieChiu “Aspiring stock market trader eager to learn and grow. Join me on this journey!”

Exploring market trends, strategies, and investment opportunities to build financial knowledge and success.

Today  inside Stories ❗️🇨🇦👇Trump's tariff war: Deloitte says Canada to keep 'status quo' in 2026Deloitte Canada's econom...
01/08/2026

Today inside Stories ❗️🇨🇦👇

Trump's tariff war: Deloitte says Canada to keep 'status quo' in 2026

Deloitte Canada's economic forecast assumes a 'status quo' trade relationship with the U.S. in 2026, with Canadian companies retaining relatively tariff-free access to the U.S. market.

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Today’s  Inside  Stories ❗️🇨🇦👇Crude oil prices fell 2% to $56 as the US seized sanctioned tankers and began marketing Ve...
01/08/2026

Today’s Inside Stories ❗️🇨🇦👇

Crude oil prices fell 2% to $56 as the US seized sanctioned tankers and began marketing Venezuelan oil, potentially increasing supply in an already oversupplied market. The US is working with banks and commodity houses to execute trades, and oil sales could weaken prices further.

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Stock futures are steady after U.S. attacks Venezuela, captures Nicolas Maduro: Live updates 📈Stock futures were steady ...
01/05/2026

Stock futures are steady after U.S. attacks Venezuela, captures Nicolas Maduro: Live updates 📈

Stock futures were steady on Sunday night, as global markets reacted to the U.S.′ attack on Venezuela and capture of leader Nicolas Maduro.

Dow Jones Industrial Average futures traded 15 points higher. S&P 500 futures rose 0.1%, and Nasdaq-100 futures advanced 0.2%.

Following the attack, Maduro and his wife, Cilia Flores, were flown to New York — where they were charged with narco-terrorism conspiracy and other crimes. Drug trafficking, according to the indictment, “has enriched and entrenched Venezuela’s political and military elite.”

Maduro’s ouster comes more than a decade after he came to power, succeeding longtime dictator Hugo Chavez in April 2013. It also raises questions about what’s next for the country with the largest proven oil reserves in the world.

President Donald Trump said Saturday in a news conference that the U.S. would “run” Venezuela “until such time as we can do a safe, proper and judicious transition.” Secretary of State Marco Rubio appeared to walk back those remarks on Sunday, however, noting the U.S. would use leverage to meet policy goals. He also did not say the U.S. would govern Venezuela directly.

To be sure, some on Wall Street think the impact on markets from the U.S. intervention will be limited. Despite Venezuela’s massive reserves, the country produces less than 1 million barrels per day. That’s less than 1% of global production.

“President Trump’s assertion that the US will ‘run the country’ and that he is not afraid of ‘troops on the ground’ should be faded as signals. The US will likely negotiate with the military and the opposition in the transitional phase,” Papic wrote to clients.

Wall Street is coming off a mixed session. The S&P 500 and Dow closed higher on Friday — the first trading day of the year — while the Nasdaq ended just below the flatline.

This week, traders will look out for the release of the December jobs report on Friday. Economists polled by Dow Jones expect the economy added 54,000 jobs last month.

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Trump's plan to seize and revitalize Venezuela's oil industry faces major hurdles🇨🇦📈👇President Donald Trump's plan to ta...
01/05/2026

Trump's plan to seize and revitalize Venezuela's oil industry faces major hurdles🇨🇦📈👇

President Donald Trump's plan to take control of Venezuela's oil industry and ask American companies to revitalize it after capturing President Nicolás Maduro in a raid isn't likely to have a significant immediate impact on oil prices.

Venezuela's oil industry is in disrepair after years of neglect and international sanctions, so it could take years and major investments before production can increase dramatically. But some analysts are optimistic that Venezuela could double or triple its current output of about 1.1 million barrels of oil a day to return to historic levels fairly quickly.
“While many are reporting Venezuela’s oil infrastructure was unharmed by U.S. military actions, it has been decaying for many many years and will take time to rebuild,” said Patrick De Haan, who is the lead petroleum analyst at gasoline price tracker GasBuddy.

American oil companies will want a stable regime in the country before they are willing to invest heavily, and the political picture remained uncertain Saturday with Trump saying that the United States is in charge — while the current Venezuelan vice president argued, before Venezuela’s high court ordered her to assume the role of interim president, that Maduro should be restored to power.

“But if it seems like the U.S. is successful in running the country for the next 24 hours, I would say there would be a lot of optimism that U.S. energy companies could come in and revitalize the Venezuelan oil industry fairly quickly,” said Phil Flynn, a senior market analyst at the Price Futures Group.

And if Venezuela can grow into an oil production powerhouse, Flynn said “that could cement lower prices for the longer term” and put more pressure on Russia.

The price of U.S. crude oil fell .44% to $57.07 per barrel on Sunday evening. A major shift in oil prices wasn't expected because Venezuela is a member of OPEC, so its production is already accounted for there. And there is currently a surplus of oil on the global market.

Proven reserves

Venezuela is known to have the world's largest proven crude oil reserves of approximately 303 billion barrels, according to the U.S. Energy Information Administration. That accounts for roughly 17% of all global oil reserves.

So international oil companies have reason to be interested in Venezuela. Exxon Mobil didn’t immediately respond to a request for comment Saturday. ConocoPhillips spokesperson Dennis Nuss said by email that the company “is monitoring developments in Venezuela and their potential implications for global energy supply and stability. It would be premature to speculate on any future business activities or investments.”

More Details :yahoo Finance news

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Political  Analysts  in Canada 🇨🇦👇EDMONTON — A political scientist says U.S. President Donald Trump's interest in transf...
01/04/2026

Political Analysts in Canada 🇨🇦👇

EDMONTON — A political scientist says U.S. President Donald Trump's interest in transforming Venezuela's oil-rich sector is a reminder for Canada's oil and gas industry to not panic and stay competitive.

Heather Exner-Pirot, director of energy, natural resources and environment with the think-tank Macdonald-Laurier Institute, says Canada has always competed with other oil-rich countries, and Trump's recent claims his country will "run" oil-rich Venezuela is a medium-term risk to Canada.

She says Secretary of State Marco Rubio's backtracking on Trump's claims on Sunday, suggesting that the United States would not take a day-to-day role in governing Venezuela other than enforcing an existing “oil quarantine” on the country, shows Trump's threats are so far just that — threats.

She says the U.S. president needs to get through the extreme and global political unrest his actions have created before profiting from Venezuelan oil and shaking up Canada's oil sector.

She says Venezuela could reshape its oil markets in favour of the United States in the long term.

But Canadian Prime Minister Mark Carney and Alberta Premier Danielle Smith have been heading in the right direction in recent months by turning their attention to finding ways to get Canadian oil to new markets, diversifying the sector and ensuring Canada remains competitive.
Details :yahoo finance report


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01/02/2026

Lets welcome 2026 its another day of Trading

Happy New Year
01/01/2026

Happy New Year

Drive safe on New Year’s Eve 🇨🇦👇
12/31/2025

Drive safe on New Year’s Eve 🇨🇦👇

Oil Heads for Deepest Annual Loss Since 2020 on Surplus Concerns 💰👇Oil headed for its steepest annual loss since the sta...
12/31/2025

Oil Heads for Deepest Annual Loss Since 2020 on Surplus Concerns 💰👇

Oil headed for its steepest annual loss since the start of the pandemic in 2020, in a year that has been dominated by geopolitical risks and steadily rising supplies across the globe. A punishing surplus is expected to weigh on prices in 2026.

West Texas Intermediate held near $58 a barrel on Wednesday, with prices down 19% this year. In the short-term, traders are focused on an OPEC+ meeting at the weekend and President Donald Trump’s policies toward major producers Russia, Iran and Venezuela.

But the long-term narrative has remained consistent: Oil markets are oversupplied. Both the International Energy Agency and the US government see production exceeding consumption by just over 2 million barrels a day in 2025 and that surplus worsening in the coming year.

OPEC+ roiled markets earlier this year by reversing its longstanding policy of defending prices and raised output, seeking to reclaim market share as countries including Brazil and Guyana boosted supply and the US pumped at record levels. The producer group is expected to hold off on output hikes during talks this weekend.
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VernieChiu

Most active and Top Gainers in last day of month 2025💰
12/31/2025

Most active and Top Gainers in last day of month 2025💰

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