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Market Open: Ford-BYD Battery Talks, Canada Cuts Tariffs on Chinese EVs | Jan 16

Economy, Finance, Market News, Market Summary
TSX:F
16 January 2026 09:59 (EST)

Market Open logo. (Source: Stockhouse. Edited with Google Gemini)

The TSX is up 0.34%, while the TSX Venture Index is down 0.35% as global markets digest upbeat earnings and trade developments. U.S. indices are modestly higher, with the Nasdaq leading gains on optimism around tech and banking results, while the S&P 500 added 0.22% after strong reports from chipmakers and financials.

Commodities remain mixed: oil clawed back losses, rising over 1.7% on geopolitical risks tied to Iran, while gold steadied near $4,600 after its record run paused. Copper and natural gas are under pressure, and Bitcoin eased slightly after recent volatility.

Market numbers

TSX: Up (+0.34%), 33,028.92

TSXV: Down (–0.35%), 1,086.54

DOW: Up (+0.06%), 49,468.5

NASDAQ: Up (+0.43%), 25,695.5

FTSE: Up (+0.02%), 10,226.09

In the headlines

Currencies

USD: Down (–0.06%), 0.7189

GBP: Down (–0.20%), 0.5364

EUR: Down (–0.11%), 0.61931

JPY: Down (–0.42%), 113.703

AUD: Up (+0.03%), 1.0744

Bitcoin (BTC/CAD): Down (–0.12%), 132,582.1

(Conversion to C$1)

Commodities

Copper: Down (–2.66%), 5.86184

Gold: Down (–0.28%), 4,603.05

WTI: Up (+1.72%), 59.76

Natural Gas: Down (–2.65%), 3.083

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