It’s quarterly report season for Canada’s top domestic lenders, leaving investors settled and markets somewhat subdued this morning.
Market Numbers (Futures)
TSX : Down ( 0.05%) 28,091.06
TSXV: Flat (0.00%) 813.23
DOW: Up (0.13%) 45,701.00
NASDAQ: Up (0.04%) 23,639.75
FTSE: Down (0.31%) 9,226.99
In the Headlines:
Desjardins drops C$1.67 billion in cold hard cash to take Guardian Capital private, a deal that slaps shareholders with a 66 % premium and punches its AUM up to C$280 billion overnight.
And Canadians are cashing out of U.S. real estate in droves, setting the stage for a northbound capital shift and a potential fire sale south of the border.
Currencies Update: (Futures)
The Canadian dollar pressed higher against the greenback, eased just a touch versus the euro by 0.03% to $0.6227 , and Bitcoin surged 1.72% to CDN$155,754.09, stealing the day’s momentum from traditional currencies.
Commodities: (Futures)
Natural Gas: Up (0.14%), 2.87
WTI: Down (0.24%), 64.00
Gold: Up (0.04%), 3,398.64
Copper: Up (0.44%) 6.04
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