Its been a quiet start in the pre markets this morning, as investors digest the consequences of new tariffs implemented on Steel and aluminum.
Market Numbers: (Futures)
TSX : Down (0.03%) 25,645.00
TSXV: Up (0.57%) 642.94
DOW: Up (0.11%) 44,468.00
NASDAQ: Up (0.66%) 21,734.00
FTSE: Up (0.01%) 8,766.92
In the Headlines:
Prime Minister Justin Trudeau says U.S. President Donald Trump’s new 25 per cent tariffs on steel and aluminum imports, including from Canada, are “entirely unjustified,” and “unacceptable and if imposed “that, our response of course will be firm and clear.”
And Competition for ride hailing is rolling into Canada. Estonian company Bolt announced Tuesday that it has launched its Hopp ride-hailing service in the Greater Toronto Area yet they may be in for a bumpy ride when up against strong competitors Uber and Lyft.
Currencies Update: (Futures)
Canadian Dollar declines -0.06% $0.6981 to the US , deletes 0.13% to $0.6766 against the Euro and Bitcoin also down -0.01% $139.601.09
Commodities: (Future)
Natural Gas: Up (2.05%), 3.510
WTI: Up (1.77%), 73.59
Gold: Down (10.8-%), 2,897.25
Copper: Down (0.93%) 5.9889
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