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Market Open: Heightened Tariff Threats Don’t Stop TSX Gains | Thursday, March 27, 2025

Economy, Finance, Market News, Market Summary
27 March 2025 10:00 (EDT)
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Futures tied to Canada’s main stock index rose this morning after yesterday’s losses despite President Donald Trumps latest threat to increase in tariffs even further.

Market Numbers (Futures)

TSX : Up (0.3%) 25,236.54
TSXV: Down (1.33%) 638.06
DOW:  Up (0.11%)  42,792.00
NASDAQ: Down (0.17%) 20,082.75
FTSE: Down (0.64%) 8,634.05

In the Headlines

The Bank of Canada’s top decision makers signaled they likely would have paused the interest rate easing cycle earlier this month, if not for the substantial uncertainty around tariffs from the US.

And U.S. President Donald Trump said on Thursday that larger tariffs could be placed on the European Union and Canada if they both work together “to do economic harm to the USA.”

Currencies Update: (Futures)

The Canadian dollar is down across the board dropping to 0.14% to $.6988 US,  slipping 0.51% to $.6450 against the  Euro.
Bitcoin deletes 1.04% to $124,345.95.

Commodities: (Futures)

Natural Gas: Down (1.26%), 3.81
WTI:  Down (0.14%), 69.55
Gold: Up (1.12%), 3,053.21
Copper:  Down (0.82%) 6.34

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