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Market Open: Investor Nerves Rattle TSX as Fed Independence Concerns Mount | Tues Aug 26

Consumer, Economy, Finance, Market News, Market Summary
26 August 2025 10:00 (EST)
Market Open

Investors were left to assess the latest earnings report from top domestic banks, dropping Canada’s main stock index this morning

Market Numbers (Futures)

TSX : Down ( 0.28%) 28,091.06
TSXV: Down (0.67%) 803.07
DOW:  Down (0.17%) 45,2743.00
NASDAQ: Down (0.21%) 23,450.00
FTSE: Down (0.54%) 9,271.36

In the Headlines:

Prime Minister Mark Carney is scrapping some U.S. import tariffs and pressing President Donald Trump for a fresh trade deal to reset Canada-U.S. market ties.

And markets recoiled as Donald Trump fired Fed Governor Lisa Cook over mortgage loan scandals, stoking fears he’s gutting the Fed’s independence.

Currencies Update: (Futures)

The Canadian dollar inched higher to $0.7223 U.S., while the slipping against the euro to $0.6196, and Bitcoin tumbled 1.31% to CDN$151,840, a mixed start with modest forex gains overshadowed by crypto weakness.

Commodities: (Futures)

Natural Gas: Up (4.13%), 2.81
WTI:  Down (1.79%), 63.64
Gold: Up (0.38%), 3,379.59
Copper:  Up (0.45%) 6.06

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