Well US tariffs have officially taken effect between the three top traders of the world causing an all out trade war.
Market Numbers: (Futures)
TSX : Down (0.50 %) 24,876.56
TSXV: Down (3.16%) 595.24
DOW: Down (0.36%) 43,093.00
NASDAQ: Down (0.69%) 20,327.00
FTSE: Up (0.72%) 8,807.28
In the Headlines
The top of everyones list is the newly activated tariffs on Canada from President Donald Trump. Prime Minister Justin Trudeau says Canada is prepared for a trade war with its southern neighbour, stating “Canada will not let this unjustified decision go unanswered,” and will retaliate with a 25% tariff against $155 billion of American goods. Continuing on to say that “tariffs will remain in place until the U.S. trade action is withdrawn” and non-tariff measures in collaboration with the provinces and territories are on the table.”
Currencies Update: (Futures)
The Canadian dollar is up 0.30% to $.6926, down 0.18% to $0.6570 Euro
Bitcoin tacks on another 10 thousand dollars. 8.70% to 133,840.31
Commodities: (Future)
Natural Gas: Up (1.34%), 4.22
WTI: Down (1.22%), 67.53
Gold: Up (1.05%), 2,923.91
Copper: Down (0.75%) 6.13
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