Furtures of Toronto’s main stock index inched up in pre-market trading, boosted by stronger precious metals, as markets await U.S. producer price data for Fed rate-cut signals.
Market Numbers: (Futures)
TSX : Up (0.1%) 25,563.11
TSXV: Up (1.12%) 641.62
DOW: Up (0.02%) 44,470.00
NASDAQ: Up (0.06%) 21,818.75
FTSE: Down (0.54%) 8,759.96
In the Headlines
President Donald Trump is set to unveil sweeping reciprocal tariffs today, aiming to match the higher rates other nations impose on American goods. Markets are watching closely as the move raises stakes in the global trade tensions and could reshape economic dynamics.
And The New York Stock Exchange (NYSE) is set to launch NYSE Texas in Dallas, aiming to capitalize on the state’s pro-business environment and substantial market presence. This move positions Texas as a formidable competitor in the financial sector, challenging traditional hubs like New York.
Currencies Update: (Futures)
Canadian dollar gains 0.19% $0.7001, also seeing an incline of 0.10% to $0.6738 against the Euro and Bitcoin slides 0.29% to CDN$136,735.92
Commodities: (Future)
Natural Gas: Up (3.65%), 3.70
WTI: Down (1.27%), 70.46
Gold: Up (0.33%), 2,913,355
Copper: Down (0.14%) 6.03
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