Canadian equity futures edged lower Wednesday, pulling back from record highs as investors monitored trade headlines and U.S. tax reform talks.
Market Numbers (Futures)
TSX :Down( 0.60%) 25,899.30
TSXV: Up (2.96%) 692.74
DOW: Down (0.75%) 42,499
NASDAQ: Down (0.53%) 21,334.00
FTSE: Down (0.016%) 8,779.75
In the Headlines:
Canada’s inflation cooled sharply to 1.7% in April, largely due to the elimination of the consumer carbon price. But with core inflation still running above 3%, the Bank of Canada faces renewed pressure ahead of its June rate decision. Could this be a back-to-back hold?
Currencies Update: (Futures)
The Canadian dollar pops up 0.18% to $0.7211 U.S., slides by 0.22% to $0.6342 to the Euro, and Bitcoin roared ahead with 1.26% to $148,020.45
Commodities: (Futures)
Natural Gas: Up (1.42%), 3.48
WTI: Up (0.91%), 62.61
Gold: Up (0.58%), 3,309.21
Copper: Down (0.58%) 6.02
To stay up-to-date on all of your market news head to stockhouse.com
Join the discussion: Find out what everybody’s saying check out the rest of Stockhouse’s stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here
