Bay Street Likely To Open On Mixed Note

RTTNews | vor 264 Tagen

(RTTNews) - Canadian shares likely to open on mixed note on Wednesday with investors tracking commodity prices and awaiting U.S. President Donald Trump's announcement of "reciprocal tariffs" later in the day.

The mood is likely to remain quite cautious as Trump's announcement on what White House has dubbed "Liberation Day," threatens to disrupt decades of established trade practices.

In earnings news, BlackBerry (BB.TO) reported adjusted net income for the full fiscal year was $12.5 million and GAAP net loss was $79.0 million. The company's adjusted fourth-quarter net income was $17.7 million and GAAP net loss of $7.4 million.

The Canadian market ended moderately higher on Tuesday despite showing a lack of direction during trading. The benchmark S&P/TSX Composite Index spent the day bouncing back and forth across the unchanged line before eventually closing up 115.78 points or 0.5% at 25,033.28.

The volatility was due to uncertainty about President Donald Trump's trade policies ahead of the announcement of reciprocal tariffs on Wednesday. A report from the Washington Post earlier in the day said White House aides have drafted a proposal to impose tariffs of around 20% on most imports to the U.S.

Asian stocks ended on a muted note on Wednesday as caution prevailed ahead of U.S. President Donald Trump's sweeping tariffs announcement expected later in the day.

Oil extended losses on concerns that new U.S. tariffs may drag on global growth and weigh on fuel demand.

European stocks are down in negative territory in cautious trade as investors await Trump's announcement of "reciprocal tariffs."

In commodities trading, West Texas Intermediate Crude oil futures are down $0.42 or 0.59% at $70.78 a barrel.

Gold futures are gaining $10.70 or 0.34% at $3,156.70 an ounce, while Silver futures are up $0.271 or 0.78% at $34.580 an ounce.

Australian Market Sharply Extends Early Gains In Mid-market

The Australian stock market is sharply expending the early gains in mid-market trading on Tuesday, adding to the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,750 level, with gains across most sectors led by financial and technology stocks.

RTTNews | vor 2Std 6 Minuten

Indian Shares Look Headed For Another Positive Start

It's likely to be a firm start for Indian shares on Tuesday with investors set to track positive cues from Wall Street and Asian markets. A drop in oil prices is also likely to aid sentiment.

RTTNews | vor 2Std 14 Minuten

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as the markets extend their gains boosted continued strength among technology stocks. Major currencies in the region also strengthened against the US dollar. Asian markets closed mostly higher on Monday.

RTTNews | vor 2Std 18 Minuten

Canadian Dollar Rises Against U.S. Dollar

The Canadian dollar advanced against the U.S. dollar in the New York session on Monday.

RTTNews | vor 3Std 40 Minuten

Hong Kong Stock Market Tipped To Open In The Green

The Hong Kong stock market has moved higher in four straight sessions, collecting more than 560 points or 2.2 percent in that span. The Hang Seng Index now sits just above the 25,800-point plateau and it may see additional support on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

RTTNews | vor 4Std 15 Minuten

Japanese Market Slightly Higher

The Japanese stock market is trading slightly higher on Tuesday, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 50,400 level, with gains in exporters and financial stocks partially offset by weakness in index heavyweights and technology stocks.

RTTNews | vor 4Std 21 Minuten

Win Streak May Continue For China Stock Market

The China stock market has moved higher in four straight sessions, advancing more than 90 points or 2.3 percent along the way. The Shanghai Composite Index now sits just beneath the 3,920-point plateau and it has a solid lead for Tuesday's trade. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

RTTNews | vor 4Std 30 Minuten

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Tuesday, adding to the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,700 level, with a mixed performance across most sectors ahead of the release of The Reserve Bank of Australia's minutes of the latest monetary policy meeting.

RTTNews | vor 4Std 40 Minuten

EURUSD	1.17771	GBPUSD	1.34889	AUDUSD	0.66693
USDJPY	156.09	USDCAD	1.37356	USDCHF	0.7896