Bay Street Likely To Open On Positive Note

RTTNews | Před 667 dny

(RTTNews) - Canadian shares look set to open on a positive note on Tuesday, tracking European stocks and higher crude oil prices. Canada's GDP data, due before the opening bell, is expected to significantly impact the mood.

The Federal Reserve and the Bank of England are scheduled to announce their monetary policies on Wednesday and Thursday, respectively. Another key event awaited this week is the release of U.S. non-farm payroll data on Friday.

Final data on Canada's GDP for the month of August is due at 8:30 AM ET. Preliminary reading for the nation's GDP for the month of September will also be out at that time.

The Canadian economy is expected to have grown by 0.1% in August.

Cameco Corporation (CCO.TO) reported third-quarter net earnings of $148 million, as against net loss of $20 million in the year-ago quarter. The company posted adjusted net earnings of $137 million in the third-quarter this year, compared to $10 million a year ago.

Toromont Industries (TIH.TO) reported third quarter net earnings of $145.6 million, compared to $123.1 million in the year-ago quarter.

After eight successive days of losses, the Canadian market turned in a positive performance on Monday, thanks to some strong buying in several sectors amid positive global cues.

The benchmark S&P/TSX Composite Index, which climbed to 18,966.82 in early trades, gaining nearly 230 points in the process, ended the day's session with a gain of 119.37 points or 0.64% at 18,856.76.

Asian stocks ended on a mixed note on Tuesday as China data disappointed and investors awaited cues from the upcoming Federal Reserve meeting.

The Japanese yen languished near a one-year low against the dollar after the Bank of Japan allowed more flexibility in the conduct of yield curve control.

European stocks are up firmly in positive territory with investors reacting to data showing a less than expected contraction in eurozone inflation, and looking ahead to policy announcements from the Federal Reserve and the Bank of England, due this week.

In commodities, West Texas Intermediate Crude oil futures are up $0.62 or 0.75% at $82.93 a barrel.

Gold futures are up $2.70 or 0.14% at $2,008.30 an ounce, while Silver futures are down $0.016 or 0.06% at $23.380 an ounce.

Swiss Market Ends Marginally Up

The Switzerland market ended marginally up on Thursday after a choppy ride as stocks swung between gains and losses right through the day's trading session.

RTTNews | Před 3 h 25 min

European Stocks Close Weak

European stocks closed lower on Thursday as the mood remained largely cautious with investors closely following geopolitical news, digesting tech giant Nvidia's earnings, and some crucial economic data from the U.S.

RTTNews | Před 3 h 45 min

Canadian Stocks Turning In Mixed Performance; TSX Down Marginally

After a positive start and a subsequent drop early on in the session, the Canadian market remains weak around early afternoon on Thursday, weighed down by losses in consumer staples, industrials and communications sectors.

RTTNews | Před 4 h 19 min

U.S. Pending Home Sales Fall More Than Expected In July

A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.

RTTNews | Před 6 h 45 min

Eurozone Economic Confidence Weakens In August

Eurozone economic sentiment softened unexpectedly in August as only industry and retail trade showed improvements, survey results from the European Commission showed Thursday. The economic sentiment indicator slid to 95.2 in August from a revised 95.7 in the previous month. The score was forecast rise to 96.0.

RTTNews | Před 6 h 56 min

Walgreen Co. Now Operating As Private Standalone Company Under Sycamore Partners

Independent retail pharmacy Walgreen Co. announced Thursday it is now operating as a private standalone company following the closure of the acquisition of Walgreens Boots Alliance, Inc. (WBA) by New York-based private equity firm Sycamore Partners.

RTTNews | Před 7 h 7 min

U.S. Economy Surges More Than Previously Estimated In Q2

The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday. The report said real gross domestic product shot up by 3.3 percent in the second quarter compared to the previously reported 3.0 percent surge. Economists had expected the jump in GDP to be upwardly revised to 3.1 percent.

RTTNews | Před 7 h 19 min

U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd. The Labor Department said initial jobless claims dipped to 229,000, a decrease of 5,000 from the previous week's revised level of 234,000. Economists had expected jobless claims to slip to 230,000.

RTTNews | Před 7 h 25 min

EURUSD	1.1677	GBPUSD	1.35055	AUDUSD	0.65263
USDJPY	146.843	USDCAD	1.3746	USDCHF	0.8004