Commodity futures edged higher on Thursday, back by crude oil and copper gains giving Futures of the TSX a steady start this morning, the Venture held flat, and the DOW and the NASDAQ still sit in the red this morning.
Market Numbers: (Futures)
TSX : Down (0.10%) 25,615.00
TSXV: Flat (0.00%) 638.80
DOW: Down (0.22%) 44,544.00
NASDAQ: Down (0.16%) 22,196.50
FTSE: Down (0.37%) 8,680.01
In the Headlines
As more than one million mortgages come up for renewal in Canada this year, a new survey says the majority of those homeowners expect to pay more in their monthly borrowing costs. That includes 22 per cent who expect it to rise “significantly” and 35 per cent who think their payment will go up “slightly.
And The government’s fiscal watchdog says a guaranteed basic income program at the federal level could cut poverty rates in Canada by up to 40 per cent giving Canadian family in the lowest earning group an average of $6,100 in annual disposable income through such a program.
Currencies Update: (Futures)
The Canadian dollar forged ahead 0.17 cents to 70.39 cents U.S. early Thursday, slipping 0.01% against the Euro to $0.6738 and Bitcoin adds on 1.21% to 138,401.31
Commodities: (Future)
Natural Gas: Up (1.63%), 4.08
WTI: Up (0.68%), 72.34
Gold: Up (0.28%), 2,943.66
Copper: Up (0.95%) 6.04
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