Thursday January 9, 2025
Investor eyes stay lazer sharp on key employment numbers from Canada and the US. This will give strong insight into the countries rate futures causing Canada’s main stock index to stand still this morning.
The TSX gained 121.79 points by close on Wednesday to 25.051.68.
Over on Baystreet, The TSX Venture Exchange handed over 2.78 points Wednesday to 610.13.
Ontario Premier Doug Ford is proposing an expanded Ontario grid and nuclear partnerships with President elect Donald Trump. This is to boost cross-border collaboration in an effort to avoid tariffs.
The Canadian dollar continues down, losing another 0.08 cents to 69.48 cents U.S. Thursday.
Bitcoin decreases by 2.90% to C$133,578.56.
U.S. non-farm payrolls data, is due out on Friday, giving a key indicator for markets to gauge the inflation direction and policy rate path of the Federal Reserve.
Gold prices gather $17.20 to $2689.60 US an ounce, WTI snaps 20 cents to $73.52 U.S. a barrel
Down on Wallstreet, U.S. markets are closed Thursday in memory of former President Jimmy Carter.
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