Canadian equity index futures edged higher Monday, tracking gains on Wall Street, after the White House temporarily excluded smartphones and computers from its planned reciprocal tariffs on Chinese imports.
Market Numbers (Futures)
TSX : Up (0.8%) 23,776.5024
TSXV: Up (3.95%) 615.80
DOW: Up (1.01%) 40,760.00
NASDAQ: Up (1.61%) 19,108.00
FTSE: Up (1.73%) 8,101.77
In the Headlines:
Over in headlines. Economists anticipate Canada’s annual inflation rate for March to remain steady at 2.6%, influenced by a weaker Canadian dollar, rising food prices, and initial impacts of tariffs.
And U.S. Commerce Secretary Howard Lutnick announced that the recent tariff exemptions on smartphones and computers are temporary, with plans to impose sector-specific semiconductor tariffs in the coming months.
Currencies Update: (Futures)
Canadian dollar continues its slide to the greenback down 0.04% to $0.7206 U.S., letting the side down 0.28% against the Euro to $0.6312, and Bitcoin steps ahead by 0.53% to $117,721.47
Commodities: (Futures)
Natural Gas: Down (0.15%), 3.525
WTI: Up (1.37%), 62.345
Gold: Down (0.32%), 3,227.478
Copper: Up (0.88%) 5.721
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