Bay Street Likely To Open On Cautious Note

RTTNews | Před 574 dny

(RTTNews) - Canadian shares are likely to open on a cautious note on Monday with investors awaiting a slew of key economic data from Canada and the U.S. Concerns about economic slowdown in China and weak crude oil prices are likely to weigh on the market.

Canada's third-quarter GDP data is due out on Thursday. A report on Canadian manufacturing activity is also due this week.

A slew of crucial economic data from the U.S., including reports on GDP, personal income, manufacturing activity, and pending home sales are also due this week.

Suncor Energy (SU.TO) announced today that the Terra Nova Floating, Production, Storage and Offloading vessel has safely restarted following the completion of the Terra Nova Asset Life Extension project. Production is expected to ramp up over the coming months.

The Canadian market ended marginally down on Friday, with stocks staying largely subdued as investors were reluctant to make significant moves due to a lack of triggers.

The benchmark S&P/TSX Composite Index ended down 13.55 points or 0.07% at 20,103.11, after moving in a very narrow range between 20,070.49 and 20,156.72. The index shed 0.36% in the week.

Asian stocks ended mostly lower on Monday ahead of a busy week of economic releases and speeches from several Federal Reserve officials, including Fed Chair Jerome Powell.

Investors looked ahead to the release of U.S. European and Chinese PMIs, euro-zone inflation data and U.S. personal consumption numbers this week for additional clues on the growth and rate outlook.

European stocks are subdued as investors await key economic data from the U.S., Europe and China this week for directional cues.

Growth worries returned to the fore after data showed profits at China's industrial companies rose at a much slower pace in October than the prior month.

In commodities, West Texas Intermediate Crude oil futures are down $0.95 or 1.26% at $74.59 a barrel.

Gold futures are up $10.40 or 0.53% at $2,013.40 an ounce, while Silver futures are gaining $0.444 or 1.82% at $24.785 an ounce.

Higher Open Called For Thai Stock Market

The Thai stock market has finished lower in eight straight sessions, slumping more than 80 points or 7 percent along the way. The Stock Exchange of Thailand now sits just above the 1,060-point plateau and it's overdue for support on Tuesday. The global forecast for the Asian markets in positive on an improved outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

RTTNews | Před 24 minutami

Japanese Market Sharply Higher

The Japanese stock market is trading sharply higher on Tuesday, reversing some of the losses in the previous three sessions, following the broadly positive cues from Wall Street overnight, with the Nikkei 225 moving above the 38,850 level, with gains across most sectors led by index heavyweights and technology stocks.

RTTNews | Před 39 minutami

Indonesia Stock Market Due For Support On Tuesday

The Indonesia stock market has tracked lower in four straight sessions, slumping almost 370 points or 4.8 percent in that span. The Jakarta Composite Index now sits just beneath the 6,790-point plateau although it's tipped to open in the green on Tuesday. The global forecast for the Asian markets in positive on an improved outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

RTTNews | Před 54 minutami

Win Streak May Continue For Hong Kong Stock Market

The Hong Kong stock market has moved higher in back-to-back sessions, advancing more than 450 points of 1.9 percent along the way. The Hang Seng Index now sits just beneath the 23,690-point plateau and it's expected to see additional support on Tuesday. The global forecast for the Asian markets in positive on an improved outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

RTTNews | Před 1 h 9 min

Additional Support Anticipated For China Stock Market

The China stock market on Monday snapped the two-day slide in which it had fallen almost 30 points or 0.9 percent. The Shanghai Composite Index now sits just above the 3,380-point plateau and it may add to its winnings on Tuesday.

RTTNews | Před 1 h 24 min

Australian Market Significantly Higher

The Australian stock market is trading significantly higher on Tuesday, snapping a five-session losing streak, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,550 level, with gains in mining, financial and technology stocks partially offset by weakness in energy stocks amid tumbling crude oil prices.

RTTNews | Před 1 h 25 min

Bargain Hunting May Boost Taiwan Stock Market

The Taiwan stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had risen more than 300 points or 1.3 percent. The Taiwan Stock Exchange now sits just above the 21,730-point plateau and it's expected to move back to the upside again on Tuesday. The global forecast for the Asian markets in positive on an improved outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

RTTNews | Před 1 h 54 min

Singapore Bourse May Reclaim 3,900-Point Level

The Singapore stock market has moved lower in four straight sessions, slumping more than50 points or 1.4 percent along the way. The Straits Times Index now sits just beneath the 3,880-point plateau although it's due for support on Tuesday. The global forecast for the Asian markets in positive on an improved outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

RTTNews | Před 2 h 24 min

EURUSD	1.15921	GBPUSD	1.3543	AUDUSD	0.64809
USDJPY	145.641	USDCAD	1.37287	USDCHF	0.81266

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Bay Street Likely To Open On Cautious Note