Canadian markets crept into the green Tuesday with domestic and U.S. inflation bombs ticking in both countries.
Market Numbers (Futures)
TSX : Up ( 0.20%) 27,253.25
TSXV: Up (0.35%%) 786.54
DOW: Down (0.16%) 44,619.00
NASDAQ: Up (0.49%) 23,149.25
FTSE: Down (0.011%) 8,999.02
In the Headlines:
Breaking news: StatsCan reported June inflation at 1.9%, just below the 2% target midpoint, reinforcing expectations that the Bank of Canada will hold its line
And Ford is recalling more than 100,000 vehicles in Canada because of a fuel pump issue that could lead to engine failure and increase the risk of a crash.
Currencies Update: (Futures)
The Canadian dollar claws higher, up 0.18% to $0.7332 USD and edging 0.08% stronger against the euro at $0.6262. Meanwhile, Bitcoin takes a beating, plunging 3.65% to C$160,502.64.
Commodities: (Futures)
Natural Down: Up (0.55%), 3.45
WTI: Down (0.06%), 69.99
Gold: Up (0.29%), 3,353.53
Copper: Down (0.42%) 5.93
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