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Market Open: Inflation Data Due Boosting Investor Confidence and TSX Up |  Tues May 20

Lyndsay Malchuk Lyndsay Malchuk, The Market Online
0 Comments| May 20, 2025

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Source: yellow_man.

It’s a short trading week north of the border and inflation data is set to be announced later in the day, giving investors some confidence and tipping Canadas main stock index up this morning.

Market Numbers (Futures)

TSX :Up( 0.30%) 26,049.85
TSXV: Up (0.81%) 672.84
DOW: Down (0.02%) 42,875.00
NASDAQ: Down (0.25%) 21,468.25
FTSE: Up (0.59%) 8,750.73

In the Headlines:

G7 finance ministers meeting in Canada this week aim to align with the U.S. on key non-tariff issues like AI, Ukraine support, and economic security.

d biotechnology company Regeneron Pharmaceuticals is buying 23andMe for US$256 million, two months after the genetic testing company filed for Chapter 11 bankruptcy protection.

Currencies Update: (Futures)

The Canadian dollar up 0.06% to $0.7174 U.S., on the rise against the Euro by 0.03% to $0.6377, and Bitcoin boost up 2.23% to $146,737.77

Commodities: (Futures)

Natural Gas: Up (3.73%), 3.23
WTI: Down (0.28%), 61.97
Gold: Up (0.19%), 3,236.41
Copper: Down (0.09%) 6.06

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