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Market Open: TSX Rises on Trade Hopes, Commodities in the Red | Wed, July 23

Economy, Finance, Market News, Market Summary
23 July 2025 10:00 (EST)
Market Open

As trump strikes new deals with Japan, lowering tariffs on auto imports market sentiment rises bringing Canada’s benchmark with it this morning.

Market Numbers (Futures)

TSX : Up ( 0.50%) 27,501.25
TSXV: Up (0.45%%) 806.38
DOW:  Up (0.52%) 44,943.00
NASDAQ: Up (0.08%) 23,244.00
FTSE: Up (0.56%) 9,074.05

In the Headlines:

Ottawa’s eyeing a hike to the deposit insurance limit, because $100K just doesn’t cut it in a world where trust in banks is wearing thin.

And In 2024, the average Canadian family handed 42.3% of their income to taxes, making Ottawa the biggest bill on the table

Currencies Update: (Futures)

The Canadian dollar drifts lower to $0.7363 U.S., slides against the euro by 0.38% to $0.6298, while Bitcoin gets knocked back, shedding $1,558 to land at C$160,770.28

Commodities: (Futures)

Natural Gas: Down: Down (2.54%), 3.17
WTI:  Down (0.50%), 64.98
Gold: Down (0.26%), 3,422.59
Copper:  Up (0.49%) 6.08

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