Was that a hint of possible from President Donald Trump on automotive tariff reprieve?Investors seem confident tipping Canada’s main stock index upward this morning.
Market Numbers (Futures)
TSX : Up (0.18%) 23,909.50
TSXV: Up (2.03%) 628.33
DOW: Down (0.25%) 40,640.00
NASDAQ: Down (0.5%) 18,926.25
FTSE: Up (0.73%) 8,193.95
In the Headlines:
Canada’s population growth is set to outpace forecasts, says CIBC’s Benjamin Tal. He warns this could worsen the housing shortage if planning doesn’t adjust.
And Canada faces growing recession risks, prompting forecasts of two more rate cuts in 2025. Economists point to U.S. trade tensions and weakening growth as key drivers.
Currencies Update: (Futures)
The Canadian dollar down 0.01% to $0.7204 U.S., up 0.14% to $0.6366 against the Euro, and Bitcoin adds 0.71% to $118,719.62
Commodities: (Futures)
Natural Gas: Down (2.76%), 3.238
WTI: Down (0.91%), 60.958
Gold: Up (0.3%5), 3,220.48
Copper: Up (0.14%) 5.79
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