What goes up, must come down and Canada’s main index did just that this morning after President Donald Trump slaps new tariff assaults on Canada.
Market Numbers (Futures)
TSX : Down ( 0.60%) 26,919.81
TSXV: Up (2.10%) 773.44
DOW: Down (0.58%) 44,647.00
NASDAQ: Down (0.42%) 22,916.75
FTSE: Up (0.48%) 8,932.69
In the Headlines:
Trump has threatened 35% tariffs on Canada starting Aug. 1. In an open letter to Prime Minister Mark Carney that was posted on Truth Social, Trump wrote “if for any reason you decide to raise your Tariffs, then, whatever the number you choose to raise them by, will be added onto the 35% that we charge.”
Currencies Update: (Futures)
The Canadian dollar drops to $0.72 U.S, also lags against the Euro by 0.16% to $0.6238 and Bitcoin collects 6.14% to CDN$161,232.44
Commodities: (Futures)
Natural Gas: Up (0.73%), 3.36
WTI: Up (0.94%), 67.20
Gold: Up (0.72%), 3,350.50
Copper: Down (1.21%) 5.98
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