Investors closely watched the CPI data, released this morning for insights into the BoC rate trajectory, giving futures on Baystreet some steadiness this morning.
Market Numbers (Futures)
TSX : Up ( 0.12%) 27,956.36
TSXV: Flat (0.00%) 789.08
DOW: Up (0.08%) 45,070.00
NASDAQ: Down (0.10%) 23,780.50
FTSE: Up (0.33%) 9,187.54
In the Headlines:
Two breaking news headlines- After days of defiance, Air Canada’s flight attendants won ground pay for boarding and other pre-flight duties, preserved their members’ right to vote on the contract, and agreed to bring operations back, a win that could ripple across airline labour negotiations.
And Canada’s July inflation cooled to 1.7%—down from June’s 1.9%—as plunging gas prices offered relief, though core pressures remain stubborn and still hang over rate-cut bets.
Currencies Update: (Futures)
The Canadian dollar slipped close to a quarter percent to US$0.7229, and fell against the euro by 0.39% to $0.6188, while Bitcoin stood out as the lone gainer, edging up just over 0.13% to $159,812.88
Commodities: (Futures)
Natural Gas: Down (5.21%), 2.77
WTI: Down (1.58%), 61.83
Gold: Down (0.14%), 3,330.03
Copper: Up (0.03%) 6.02
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