​Daily Bulletin: Thursday April 16

Quarterly earnings continue today with the U.S.’s biggest oil field servicer Schlumberger set to release figures after close. The results will serve as a bellwether for investors looking for some sign on which way energy prices are set to move. While Morgan Stanley recently signaled the bottom is nigh, others are less enthusiastic, with an oil price in the low 40s tipped in the near term. In the people and markets section, we have news of a high profile departure from CIBC. In the U.S. flow markets, the Financial Select Sector ETF saw heavy put flow, while Chesapeake Energy Corp saw decent call activity.