The countdown is now on for the looming April 2nd tariffs, leaving investors retreating from any risky assets and Canada’s main stock index to fall this morning.
Market Numbers (Futures)
TSX : Down (0.5%) 24,635.35
TSXV: Down (6.79%) 633.63
DOW: Up (0.05%) 42,768.00
NASDAQ: Down (0.29%) 20,058.25
FTSE: Down (1.40%) 8,537.55
In the Headlines
A judge has rejected Hudson’s Bay’s creditor protection proposal, dealing a major blow to the retailer’s restructuring efforts. The decision raises the risk of receivership as creditors push for alternative solutions
And Global shares slumped this morning, with benchmarks in Tokyo and Taiwan falling more than 4%
Currencies Update: (Futures)
The Canadian dollar down 0.32% to $.6940 US, also losing ground by another 0.20% to $.6423 against the Euro.
Bitcoin hands back 1.19% to $117,788.41
Commodities: (Futures)
Natural Gas: Up (8.41%), 4.18
WTI: Down (0.32%), 69.42
Gold: Up (3.41%), 3,122.68
Copper: Up (0.20%) 6.33
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