Futures inched higher this morning as steeper tariffs on Canadian imports took effect, signaling trade tensions are escalating but largely expected. Ongoing strength in corporate earnings helped keep investor momentum intact despite geopolitical headwinds.
Market Numbers (Futures)
TSX : Up ( 0.60%) 28,088.40
TSXV: Up (0.36%) 786.54
DOW: Up (0.44%) 44,504.00
NASDAQ: Up (0.73%) 23,596.50
FTSE: Down (0.81%) 9,090.47
In the Headlines:
Amazon’s bid to erase a union win in B.C. was brutally shot down by the Labour Relations Board, calling out its hiring surge as a naked attempt to dilute worker power.
And Toyota just took a gut punch, its Q2 profit cratered 37%, knocking billions off its annual outlook thanks to Trump’s tariff hammer.
Currencies Update: (Futures)
The loonie holds the line, barely nudging to USD$0.7284 and up 0.05% to $0.6245 against the EURO, a dead heat with both majors.
Crypto steals the spotlight again today, with Bitcoin ripping 1.95% higher, landing at CDN$159,935.97
Commodities: (Futures)
Natural Gas: Up (0.13%), 3.08
WTI: Up (0.63%), 64.76
Gold: Up (0.45%), 3,381.97
Copper: Up (0.14%) 5.99
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