Bay Street Likely To See Cautious Start

RTTNews | hace 660

(RTTNews) - U.S. consumer price inflation data, due before the opening bell on Tuesday, is expected to significantly impact early moves on Bay Street.

The focus is also on U.S. President Joe Biden and Chinese leader Xi Jinping's meeting on the sidelines of the Asia-Pacific Economic Cooperation summit in San Francisco.

Teck Resources Limited (TECK.A.TO) will be in focus after Glencore Plc announced its binding agreement to acquire a 77% effective interest in Teck Resources' steelmaking coal business, Elk Valley Resources or EVR, for $6.93 billion in cash.

Premium Brands Holdings Corporation (PBH.TO) reported adjusted earnings of $56.4 million in the third-quarter of the current financial year, compared to adjusted earnings of $61.3 million in the year-ago quarter.

The Canadian market ended on a positive note on Monday after staying firm right through the day's session. Technology and energy stocks contributed to the higher close.

The benchmark S&P/TSX Composite Index ended with a gain of 54.68 points or 0.28% at 19,709.15, rising for a third successive session.

Asian stocks closed higher on Tuesday as investors eagerly awaited U.S. CPI data and a highly anticipated meeting between U.S. President Joe Biden and Chinese leader Xi Jinping on the sidelines of the Asia-Pacific Economic Cooperation summit in San Francisco.

A cautious undertone prevailed due to concerns about a possible U.S. government shutdown should Congress fail to pass a spending plan by Friday.

European stocks are turning in a mixed performance with investors digesting German ZEW economic sentiment figures and preliminary third-quarter gross domestic product data from the euro zone, and looking ahead to U.S. consumer price inflation data.

In commodities, West Texas Intermediate crude oil futures are down $0.12 or 0.16% at 78.14 a barrel.

Gold futures are lower by $1.20 or 0.06% at $1,949.00 an ounce, while Silver futures are up $0.082 or 0.37% at $22.440 an ounce.

Canadian Market Looks Headed For Another Positive Close

The Canadian market is firmly placed in positive territory Thursday afternoon, thanks largely to a fine performance by several technology stocks, and a few frontline stocks from consumer discretionary, real estate, communications and financials sectors.

RTTNews | hace 14 minutos

Swiss Market Closes On Buoyant Note

The Switzerland market closed on a strong note on Thursday, in line with most of the markets across Europe, amid rising expectations of a rate cut by the Federal Reserve, and easing concerns about tariffs.

RTTNews | hace 49 minutos

European Stocks Close Higher Ahead Of Crucial U.S. Jobs Data

European stocks closed mostly higher on Thursday, with most of the markets in the region gaining for a second straight day amid cooling bond markets. Still, the mood in the markets remained a bit cautious with investors looking ahead to crucial U.S. non-farm payroll data on Friday.

RTTNews | hace 1h 24min

U.S. Services Index Climbs To Six-Month High In August

Service sector growth in the U.S. accelerated by more than anticipated in the month of August, according to a report released by the Institute for Supply Management on Thursday. The ISM said its services PMI rose to 52.0 in August from 50.1 in July, with a reading above 50 indicating growth. Economists had expected the index to inch up to 50.5.

RTTNews | hace 3h 51min

U.S. Labor Productivity Surges 3.3% In Q2, Much More Than Previously Estimated

A report released by the Labor Department on Thursday showed labor productivity in the U.S. surged by much more than previously estimated in the second quarter of 2025. The Labor Department said labor productivity shot up by 3.3 percent in the second quarter compared to the previously reported 2.4 percent jump. Economists had expected the increase in labor productivity to be unrevised.

RTTNews | hace 4h 9min

U.S. Trade Deficit Widens More Than Expected As Imports Spike

With the value of imports spiking, the Commerce Department released a report on Thursday showing the U.S. trade deficit widened more than expected in the month of July. The Commerce Department said the trade deficit shot up to $78.3 billion in July from a revised $59.6 billion in June. Economists had expected the trade deficit to increase to $75.7 billion.

RTTNews | hace 4h 39min

U.S. Jobless Claims Rise More Than Expected To Two-Month High

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 30th. The Labor Department said initial jobless claims climbed to 237,000, an increase of 8,000 from the previous week's unrevised level of 229,000.

RTTNews | hace 4h 43min

U.S. Private Sector Job Growth Slows More Than Expected In August

A report released by payroll processor ADP on Thursday showed private sector employment in the U.S. increased by less than expected in the month of August. ADP said private sector employment rose by 54,000 jobs in August after jumping by an upwardly revised 106,000 jobs in July. Economists had expected private sector employment to rise by 65,000 jobs.

RTTNews | hace 5h 1min

EURUSD	1.16459	GBPUSD	1.34307	AUDUSD	0.65146
USDJPY	148.568	USDCAD	1.38269	USDCHF	0.80622