It’s a shortened trading week and market participants are looking at the release of Canadian consumer price data for January tipping Canada’s main stock index higher this morning.
Market Numbers: (Futures)
TSX : Up (0.22%) 25,539.28
TSXV: Down (1.18%) 640.26
DOW: Up (0.19%) 44,720.00
NASDAQ: Down (0.45%) 22,296.00
FTSE: Up (0.50%) 8,751.50
In the Headlines
Canada’s annual inflation rose to 1.9% as just announced by stats Canada. Prices got a full month-long effect of the federal government’s tax break but a spike in gas prices to start the year offset the government’s relief, with underlying inflation accelerating.
And Google Canada denies abusing market power in the Competition Bureau suit. The Bureau is suing Google over alleged anticompetitive conduct in its online advertising business and wants Google to sell two of its services and pay a penalty.
Currencies Update: (Futures)
The Canadian dollar is down -0.14% to $.7039U.S, gaining 0.21% $0.6734 against the Euro, and Bitcoin sheds 0.09% to $136,744.95
Commodities: (Future)
Natural Gas: Down (1.31%), 3.68
WTI: Up (0.58%), 71.15
Gold: Up (0.71%), 2,918.956
Copper: Down (1.47%) 6.06
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