Futures for Canada’s main stock index rose on Friday, buoyed by an uptick in oil prices, while investors look ahead to domestic economic data releases and potential policy developments in the U.S.
Market Numbers:
TSX : Up (0.23%) 24,846.20
TSXV: Up (0.10%) 608.44
DOW: Up (0.16%) 43,153.13
NASDAQ: Up (0.89%) 19,338.29
FTSE: Up(1.09%) 8,391.90
In the Headlines
Members of Canada’s restaurant sector urge the federal government to make the GST holiday a permanent fixture, though some businesses report limited impact from the tax break so far.
And the central bank signals plans to conclude its quantitative tightening program in the first half of the year, with asset purchases expected to resume as the economy stabilizes.
Currencies Update
The Canadian dollar remains under pressure, down 6.43% to $0.69 against the U.S. dollar, and sliding another 1.00% to $0.67 versus the Euro, while Bitcoin continues its surge, climbing $5,152.59 to reach $148,156.36.
Commodities
Natural Gas: Down (5.16%), 4.04
WTI: Down (0.17%), 78.55
Gold: Down(0.38%), 2,703.99
Copper Down (0.45%) 5.9220
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