With trade war uncertainties continuing, a new Prime Minister is sworn in for Canada, and investors look on optimistically.
Market Numbers: (Futures)
TSX : Up (0..06%) 24,348.45
TSXV: Down (0.81%) 613.17
DOW: Down (0.38%) 41,237.00
NASDAQ: Down (0.61%) 19,499.50
FTSE: Up (0.69%) 8,601.72
In the Headlines:
Justin Trudeau steps down as Canada’s 23rd prime minister this morning, making way for Mark Carney. Fresh off a decisive Liberal leadership win, Carney will take the oath of office and unveil his cabinet in a streamlined ceremony, a stark contrast to Trudeau’s grand 2015 inauguration.
And British Columbia, Canada’s third most populous province, pulled government subsidies for people to install Tesla chargers, widening efforts to spurn US goods in a trade war with President Donald Trump. Tesla vehicle chargers, batteries and inverters are no longer eligible for rebates as of March 12, the province’s power company BC Hydro said in a notice on its website.
Currencies Update: (Futures)
The loonie up 0.17% to $.6947 US, down 0.36% to $0.6433 against the Euro.
Bitcoin grabs 0.25% to CDN$120,239.62
Commodities: (Futures)
Natural Gas: Down (0.91%), 4.04
WTI: Down (0.83%), 67.12
Gold: Up (2.00%), 2,995.98
Copper: Up (0.24%) 6.37
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