Crude prices are the latest to take a hit in the global trade war. This time between US and China, dipping futures of Canadas main stock index down this morning.
Market Numbers (Futures):
TSX : Down (0.36%) 25,241.76
TSXV: Down (0.49%) 620.67
DOW: Down (0.41%) 44,515.00
NASDAQ: Down (0.55%) 21,469.75
FTSE: Up (0.13%) 8,544.50
In the Headlines
Into headlines China countered U.S. President Donald Trump’s across-the-board tariffs on Chinese products and announces an antitrust investigation into Google and other trade measures.
And in an 11th hour call between prime minister Justin Trudeau and President Donald Trump, tariffs will be delayed for the next 30 days against Canada under the agreement that Canada implements a 1.3 billion dollar border plan to stop the flow of fentanyl.
Currencies Update
The Canadian dollar deletes another $0.0487 cents to $0.6941 US, dips slightly against the Euro $0.01689 (2.45%) to $0.6717.
Bitcoin recovers yesterdays losses with $6,756.28. (4.94%) $143,409.53
Commodities (Futures)
Natural Gas: Down (4.48%), 3.20
WTI: Down (2.87%), 71.37
Gold: Up (0.75%), 2,824.30
Copper: Down (0.27%) 5.8674
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