Canadian equity futures edged higher Thursday after President Donald Trump touted “big progress” in U.S.-Japan trade talks, though lingering tariff tensions kept investor optimism in check.
Market Numbers (Futures)
TSX : Up (0.04%) 24,106.79
TSXV: Up (1.40%) 638.87
DOW: Down (0.08%) 40,544.00
NASDAQ: Down (1.37%) 18,699.75
FTSE: Down (0.57%) 8,228.79
In the Headlines:
The Bank of Canada is under fire for keeping rates steady, with critics arguing it ignored clear signs of slowing growth and stubborn inflation. As market frustration mounts, questions are swirling over whether the central bank has lost its grip on the narrative.
Tech stocks took a hit after Nvidia warned that new U.S. export controls on AI chips could cost the company $5.5 billion, shaking investor confidence in the sector’s high-flying momentum. The selloff underscores growing market unease over the geopolitical risks baked into the AI trade.
Currencies Update: (Futures)
The Canadian dollar drops 0.12% to $0.7196 U.S., adds 0.35% to $0.6373 Euro, and Bitcoin pockets 0.80% to $117,633.94
Commodities: (Futures)
Natural Gas: Down (2.33%), 3.22
WTI: Up (2.55%), 62.892
Gold: Up (3.08%), 3,326.223
Copper: Down (3.62%) 5.71
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