To tariff 25% or not to tariff 25, That is the question teetertottering with US President Donald Trump leaving investors hopefully for relief and causing futures of the TSX index rise 0.43% by 6:30am ET
Market Numbers: (Futures)
TSX : Up (0.43 %) 24,677.66
TSXV: Down (0.20%) 594.07
DOW: Up (0.23%) 42,690.00
NASDAQ: Up (0.48%) 20,497.50
FTSE: Up (0.37%) 8,791.21
In the Headlines
Two of Canada’s largest banks say interest rates could fall faster and ultimately end up lower than previously predicted, as the consequences of a trade war with the U.S. are set to ripple through the Canadian economy
And U.S. Commerce Secretary Howard Lutnick said on Tuesday the government was considering easing the 25% tariffs on Canadian and Mexican imports to products that comply with the trade pact negotiated with the two nations during Trump’s first term.
Currencies Update: (Futures)
The loonie is flat this morning sitting at $0.6947 cents US, continuing its decline of 0.72% $0.6436 to the Euro.
Bitcoin up 7.95% to 129,327.69
Commodities: (Future)
Natural Gas: Up (0.81%), 4.38
WTI: Down (1.91%), 66.96
Gold: Down (0.16%), 2,913.23
Copper: Up (1.95%) 6.23
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