It’s quarterly report season for Canada’s top domestic lenders, leaving investors settled and markets somewhat subdued this morning.
Market Numbers (Futures)
TSX : Down ( 0.05%) 28,091.06
TSXV: Flat (0.00%) 813.23
DOW: Up (0.13%) 45,701.00
NASDAQ: Up (0.04%) 23,639.75
FTSE: Down (0.31%) 9,226.99
In the Headlines:
Desjardins drops C$1.67 billion in cold hard cash to take Guardian Capital private, a deal that slaps shareholders with a 66 % premium and punches its AUM up to C$280 billion overnight.
And Canadians are cashing out of U.S. real estate in droves, setting the stage for a northbound capital shift and a potential fire sale south of the border.
Currencies Update: (Futures)
The Canadian dollar pressed higher against the greenback, eased just a touch versus the euro by 0.03% to $0.6227 , and Bitcoin surged 1.72% to CDN$155,754.09, stealing the day’s momentum from traditional currencies.
Commodities: (Futures)
Natural Gas: Up (0.14%), 2.87
WTI: Down (0.24%), 64.00
Gold: Up (0.04%), 3,398.64
Copper: Up (0.44%) 6.04
To stay up-to-date on all of your market news head to stockhouse.com
Join the discussion: Find out what everybody’s saying check out the rest of Stockhouse’s stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here