Copper Price Forecast at $5.75 in H2 2026: RBC
RBC Capital Markets mining analyst Sam Kittindon outlined a bullish outlook for copper, projecting prices at $5.75 per pound in the second half of 2026 and edging higher to $6.00 in 2027. The forecast hinges on persistent supply constraints, lingering shutdowns from 2025, and the geopolitical backdrop of the Persian Gulf conflict, which could influence investor sentiment toward hard assets. Kittindon emphasized that global copper supply is lagging demand, with mine closures and limited new capacity keeping inventories tight. A less‑discussed risk is the reliance of the African copper belt on sulfur sourced from the Middle East; any prolonged disruption could further tighten production and bolster prices. Despite a weaker global growth outlook from the IMF, demand fundamentals remain solid, supporting the price trajectory. Specific company examples were highlighted: Hudbay’s dual exposure to gold and its upcoming Arizona “Copper World” project, Capstone’s recovery from Chilean operational setbacks, and First Quantum’s tentative restart of its Panama mine following government approval to process existing stockpiles. These firms are positioned to benefit from the anticipated price environment. For investors, the analysis signals that copper’s near‑record levels may be sustainable, driven by supply‑side pressures and geopolitical factors. Allocation to miners with strong cash flow, diversified metal exposure, and projects poised to ramp up production could offer outsized returns as the market tightens.
Oracle to Use 2.8 Gigawatts of Bloom Fuel Cells for AI and Cloud Infrastructure
Oracle announced an expanded agreement to install up to 2.8 gigawatts of Bloom Energy’s solid‑oxide fuel‑cell systems across its AI‑focused data centers, marking a significant step in the company’s push to diversify power sources for high‑density computing workloads. Bloom’s fuel cells...
'Among the Industry Producers We Believe We Rank Number One in Netherlands': Tenaz Energy CEO
Tenaz Energy CEO Tony Marino appeared on BNN Bloomberg to discuss the company’s natural‑gas production portfolio and its strategic outlook. He asserted that Tenaz is the leading producer among industry peers operating in the Netherlands. The interview also covered Tenaz’s...
Hold Rating on JP Morgan Chase: HSBC
HSBC’s US financials head Saul Martinez placed a hold on JP Morgan after the bank reported earnings that beat consensus EPS estimates at $5.94, buoyed by robust performance in its capital‑markets franchise. Investment‑banking fees and sales‑trading revenues surged roughly 20%...
Bank of Canada Will Leave Rates Unchanged This Year: BMO
The interview with BMO’s fixed‑income head Earl Davis focused on the Bank of Canada’s likely monetary‑policy path for 2024, concluding that the central bank will keep its policy rate on hold for the remainder of the year. Davis highlighted a modest...
Are You Missing Out on Tax Credits?
The video spotlights how many Canadians fail to claim all available tax credits as the filing deadline looms, featuring Jamie Golombek, managing director of tax and estate planning at CIBC Private Wealth. Golombek explains the most widely used credit—the basic personal...
Morning Markets for Thursdays, April 9, 2026
The Thursday morning markets roundup highlighted three major corporate stories: BlackBerry reported fourth‑quarter earnings that beat analysts’ expectations and raised its full‑year sales outlook, Barrick Mining announced a strategic shift toward tier‑one, low‑cost assets while preparing to spin off its...
'Circle's Better Set up than Coinbase'': Gala
In a recent Hot Picks segment, senior equity researcher Gus Gala of Monness, Crespi & Hardt advocated a pair trade—going long Circle Internet Group while shorting Coinbase—based on divergent stable‑coin business models. Gala notes Circle’s revenue is anchored to the interest...
What's Driving Alberta's Surge in Tourists?
Alberta posted a record‑setting January for tourism, with international arrivals climbing more than 7% and U.S. visitors alone up over 9%. Chief economist Mark Parsons of ATB Financial attributes the surge to a confluence of factors: a weakened Canadian dollar,...
ETFs to Invest in Data and Tech Infrastructure
The interview spotlights Pacer ETFs that let investors ride the AI‑driven data‑center boom. Sean O’Hara explains the three‑product suite: SRVR, a real‑estate fund owning data‑center owners and onsite power generators; TRFK, a thematic fund covering chips, cooling and other hardware...
'It's My Favorite Name on the Telecom Space': McFadgen on Québecor
The interview spotlights Quebecor as the analyst’s top telecom pick, while also weighing Rogers, BCE and Telus in Canada’s competitive wireless market. Quebecor’s rise mirrors its 2005 strategy of undercutting Bell with a $30 landline‑plus‑cable bundle, growing to 1.35 million subscribers and...
'We Just Don't Have Enough Proof to Call the Bottom Yet': Storey on Toronto Housing Market
The video centers on Toronto’s housing market, with realtor Tom Story explaining why the market has not yet reached a bottom. He notes that new listings have fallen sharply year‑over‑year, tightening supply, while sales volume remains roughly level with last...
Market Call: Colin Cieszynski's Outlook on Technical Analysis (April 7, 2026)
Colin Cieszynski, portfolio manager and chief market strategist at SIA Wealth Management, joined Market Call to field listener questions on technical analysis amid heightened geopolitical tension. He framed the current market environment as a six‑week period of pronounced volatility since...
Mosaic: Supply Tailwinds or Cyclical Risks?
TD Act Trader Live examined Mosaic (MOS) as the focal point, contrasting bullish supply‑side tailwinds with bearish cyclical concerns amid geopolitical tension in the Middle East and an upcoming earnings season. Bull arguments highlighted China’s extended phosphate export ban, removing 1.5 million...
Canada's Trade Deficit Widened to $5.7 Billion
Canada’s trade balance slipped to a $5.7 billion deficit in February, the widest shortfall since August and the deepest reading in several months. The figure reflects activity before the Iran‑Israel conflict, but economists warn that the war will add further volatility...
