0 seconds of 1 minute, 31 secondsVolume 0%
Press shift question mark to access a list of keyboard shortcuts
00:00
01:31
01:31
 

Futures tracking Canada’s main stock index ticked up on Friday as investors await pivotal U.S. payroll and domestic employment data, which could shape the interest rate trajectory in both economies.

The TSX maintained gains, while the Venture Index edged up just under 5 points. Stateside, the Dow added 8 points, while the Nasdaq dipped by 13.

In focus, Statistics Canada will release December’s jobs report, with economists projecting an unemployment rate rise to 6.9%, up from November’s 6.8%. This would mark the highest jobless rate since January 2017, excluding the pandemic. RBC and BMO analysts underscore persistent weakness in Canada’s labor market. Meanwhile, Federal Reserve officials reaffirmed Thursday that U.S. interest rates are likely to hold steady, with cuts dependent on meaningful inflation progress.

Canadian dollar drop $0.05 to hover around 69 cents USD, while also weakening against the Euro. Bitcoin rebounded sharply, climbing 2,400 points sitting at C$136,777.52

In commodities, copper turned green, gold added $12.37 to hold at $2,600 per ounce, WTI crude rose to $75 per barrel, and natural gas surged 4.5%.

Investors are bracing for a day of data and movement as markets weigh economic signals and commodity gains.

More From The Market Online
image via Military Metals Corp.

Thanks to critical minerals, Military Metals spared from U.S. tariffs

Military Metals (CSE:MILI) welcomed the U.S. decision to exclude a key group of minerals from the sweeping “Liberation Day” reciprocal tariffs
Nintendo Switch 2 logo

The tariff drama bugging Nintendo isn’t hurting its stock

Despite making headlines thanks to controversy and pausing Nintendo Switch 2 pre-orders, Nintendo (OTC:NTDOY) stock hasn’t been damaged.
ai generated stock image

@ the Bell: Market roller coaster takes another dizzying lap

Canada’s main stock index rebounded from seven-month lows on Tuesday after three consecutive sessions of heavy selling.
Stock image generated with AI

@ the Bell: Market chaos drags TSX to 7-month low

The TSX plummeted on Monday as recession concerns grew, following US President Donald Trump's unwavering stance on his extensive tariff plans.