Trade tensions just cranked up a notch as EU diplomats are floating broader blowback against Washington, rattling investors and dragging the TSX into the red to start the morning.
Market Numbers (Futures)
TSX : Down ( 0.20%) 27,262.37
TSXV: Flat (0.00%%) 802.80
DOW: Down (0.11%) 44,499.00
NASDAQ: Down (0.04%) 23,332.00
FTSE: Down (0.16%) 8,998.45
In the Headlines:
Roughly 100 organizations just got caught in the crossfire of a major Microsoft server hack, proving even tech giants can’t lock the doors fast enough.
And two of Canada’s leading companies have been hit with analyst downgrades. JPMorgan has cut its rating of Vancouver-based Lululemon to neutral from overweight. Meanwhile, Loop Capital Markets has cut its recommendation on Shopify’s stock to hold from buy, citing valuation concerns.
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Currencies Update: (Futures)
The Canadian dollar stays pinned at $0.7313 U.S. up by 0.04%, nudges up against the euro by 0.14% to $0.6265, while Bitcoin lights up the screen adding $1,812 or 1.12% to C$163,318.20.
Commodities: (Futures)
Natural Gas: Down: Up (2.57%), 3.24
WTI: Down (2.83%), 65.28
Gold: Up (0.47%), 3,411.64
Copper: Up (0.51%) 6.08
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