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Market Open: TSX Advances on Oil Rally While Gas Cools and Loonie Gains | Wed, Aug 6

Economy, Market News, Market Summary
06 August 2025 10:00 (EST)
Market Open

Futures tied to Canada’s main index crept higher Wednesday as bargain hunters swooped in after Friday’s selloff, all while sizing up a fresh wave of corporate earnings.

Market Numbers (Futures)

TSX : Up  ( 0.20%) 27,625.22
TSXV: Up (2.91%) 783.68
DOW:  Up (0.28%) 44,362.00
NASDAQ: Up (0.11%) 23,158.50
FTSE: Up (0.25%) 9,165.38

In the Headlines:

Canada’s Privacy Commissioner is taking aim at WestJet—launching a formal probe into a mid‑June cyberattack that let a malicious hacker into its systems and exposed sensitive passenger data.

And Spotify is hiking its premium subscription from €10.99 to €11.99/month starting in September across dozens of markets including Europe, Latin America, and Asia-Pacific, as the audio giant chases better margins despite early‑year losses

Currencies Update: (Futures)

The Canadian dollar muscles higher to $0.7272 U.S., gives up a sliver against the euro to $0.6255, while Bitcoin takes another beating, shedding $721 points to C$157,033.45 as the crypto slump deepens.

Commodities: (Futures)

Natural Gas: Down (1.33%), 2.97
WTI:  Up (1.34%), 66.03
Gold: Down (0.53%), 3,364.89
Copper:  Up (0.64%) 6.00

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