Carregando...

Advertisement

Bay Street Likely To Open Slightly Higher; Retail Sales Data In Focus

RTTNews | 585 dias atrás

Bay Street Likely To Open Slightly Higher; Retail Sales Data In Focus

(RTTNews) - Canadian shares may open with a positive bias Friday morning, tracking higher gold prices and somewhat steady European stocks. Still, data on Canadian retail sales for the month of November is likely to make a significant impact on sentiment early on in the session.

According to preliminary estimates, retail sales in Canada are expected to have stagnated in November. In October, retail sales rose by 0.7% month-over-month, revised lower from the preliminary estimates of a 0.8% rise and accelerating slightly from the downwardly revised 0.5% gain in September. Retail sales increased 2.18% in October over the same month in the previous year.

The Canadian market shrugged off a mid session setback and ended modestly higher on Thursday, lifted by gains in consumer staples and industrials sectors. Communications stocks moved up as well.

Uncertainty about the outlook for Federal Reserve's interest-rate trajectory rendered the mood a bit cautious. Also, investors looked ahead to Canadian retail sales data, due on Friday, for clues about the Bank of Canada's policy move.

The benchmark S&P/TSX Composite Index, which dropped to 20,659.03 around mid afternoon, recovered subsequently to settle at 20,756.73 with a gain of 61.71 points or 0.3%.

Asian stocks ended mixed on Friday, even as softening Fed expectations and bullish forecasts on AI demand lifted technology stocks.

European stocks are modestly higher. European Central Bank President Christine Lagarde said at the World Economic Forum today that inflation is coming down in the Eurozone and worldwide, and that there are signs the job market is loosening.

Lagarde however refrained from commenting on monetary policy during her commentary on the economic outlook.

In commodities, West Texas Intermediate Crude oil futures are down $0.06 or 0.08% at $74.02 a barrel.

Gold futures are gaining $13.20 or 0.65% at $2,034.80 an ounce, while Silver futures are up $0.128 or 0.56% at $22.935 an ounce.

read more

TSX Modestly Higher As Financials, Mining Stocks Move Up

TSX Modestly Higher As Financials, Mining Stocks Move Up

Despite concerns about global trade, and political uncertainty in Europe, the Canadian market is modestly higher Tuesday afternoon, supported by gains in materials, industrials and financials sectors.

RTTNews | 1h 55min atrás

Swiss Market Settles Weak

Swiss Market Settles Weak

After opening with a big negative gap Tuesday morning, the Swiss market gradually recovered some lost ground, and even managed a brief spell in positive territory midway through the session, but failed to sustain momentum and finally ended the day's session in the red.

RTTNews | 2h 13min atrás

European Stocks Close Lower On Political Concerns, Tariff Worries

European Stocks Close Lower On Political Concerns, Tariff Worries

European stocks closed weak on Tuesday, weighed down by political uncertainty in France, and lingering concerns about tariffs and their impact on global economic growth.

RTTNews | 2h 36min atrás

U.S. Consumer Confidence Index Edges Lower In August

U.S. Consumer Confidence Index Edges Lower In August

A report released by the Conference Board on Tuesday showing a modest deterioration by consumer confidence in the U.S. in the month of August. The Conference Board said its consumer confidence index dipped to 97.4 in August from an upwardly revised 98.7 in July.

RTTNews | 6h 5min atrás

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July. The Commerce Department said durable goods orders slumped by 2.8 percent in July after plummeting by a revised 9.4 percent in June.

RTTNews | 6h 16min atrás

Bay Street May Open On Weak Note

Bay Street May Open On Weak Note

Canadian shares look headed for negative start on Tuesday, weighed down by weak oil prices, and concerns about global trade after U.S. President Donald Trump threatened 200% tariffs on China if Beijing does not export rare-earth magnets to the U.S.

RTTNews | 7h 35min atrás

U.S. Durable Goods Orders Tumble Less Than Expected In July

U.S. Durable Goods Orders Tumble Less Than Expected In July

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July.

RTTNews | 7h 40min atrás

FTSE 100 Modestly Lower

FTSE 100 Modestly Lower

After posting gains in the previous five sessions, the U.K. market is exhibiting weakness on Tuesday, weighed down by losses in financials and retail sectors.

RTTNews | 8h 3min atrás

Termos | Privacidade | Mapa do Site | Site Map Calendar

© 2025 Myfxbook Ltd. Todos os Direitos Reservados.

AVISO DE ALTO RISCO: A negociação no mercado de câmbio traz consigo um alto nível de risco que pode não ser adequado para qualquer investidor. A alavancagem cria exposição adicional a riscos e perdas. Antes de decidir negociar no mercado de câmbio, considere cuidadosamente seus objetivos de investimento, seu nível de experiência e sua tolerância ao risco. Você pode perder parte de seu investimento inicial ou todo ele. Não invista um dinheiro que você não tem condições de perder. Informe-se sobre os riscos associados à negociação no mercado de câmbio e procure o conselho de um consultor financeiro ou fiscal independente, caso tenha alguma dúvida. Quaisquer dados e informações são fornecidos "como estão" exclusivamente para fins informativos. Eles não se destinam a fins comerciais ou de aconselhamento. O desempenho passado não é indicativo de resultados futuros.