Bay Street May Open With Slightly Negative Bias

RTTNews | 552日前

(RTTNews) - Canadian shares may open with a slightly negative bias on Friday due to weak crude oil prices. Gold stocks may edged higher on steay bullion prices. Activity is most likely to be stock specific with quarterly earnings updates providing some direction.

Onex Corporation (ONEX.TO) reported net earnings of $373 million, or $4.81 per diluted share, for the quarter ended December 2023, compared to net earnings of $435 million, or $5.32 per share, in the corresponding quarter of the previous year.

Lundin Gold Inc (LUG.TO) reported fourth quarter 2023 net income of $11.06 million, as against a net loss of $68.3 million in the year-ago quarter.

TransAlta Corp (TA.TO) reported net loss of $84 million in the fourth quarter of 2023, significantly down from a net loss of $163 million a year ago.

Docebo Inc (DCBO.TO) reported fourth-quarter net income of $3.2 million, or $0.10 per share, compared to net income of $1.6 million, or $0.05 per share in the year-ago quarter.

Jamieson Wellness Inc (JWEL.TO) reported a 5.4% jump in adjusted net earnings at $15.0 million in the fourth quarter ended December 2023, as a result of higher revenue and gross profit. The Canadian market ended on a firm note on Thursday, led by gains in technology, healthcare, industrials and consumer staples sectors.

Strong fourth quarter results and upbeat revenue guidance from U.S. chipmaker NVIDIA buoyed up technology stocks.

The benchmark S&P/TSX Composite Index, which opened with a positive gap of nearly 90 points at 21,259.99 and advanced to 21,365.35, ended the day's session with a gain of 145.70 points or 0.69% at 21,318.08.

Asian stocks rose broadly in thin trade on Friday, with Japanese markets closed for a public holiday. While a rally on Wall Street to record closing highs boosted sentiment, potential gains were capped by heightened geopolitical tensions, hawkish comments from a Federal Reserve official and signs that China's real-estate downturn is getting worse.

European stocks are turning in a mixed performance with investors reacting to hawkish comments from a Fed official, and digesting earnings news and regional economic data. Standard Chartered shares are soaring after the lender reported an 18% surge in pre-tax profits.

In commodities, West Texas Intermediate Crude oil futures are down $1.17 or 1.49% at $77.44 a barrel.

Gold futures are up $5.70 or 0.28% at $2,036.40 an ounce, while Silver futures are up $0.019 or 0.08% at $22.765 an ounce.

Europe Car Sales Rebound In July

Europe's new car sales rebounded in July on strong demand for battery electric and plug-in hybrid cars, the European Automobile Manufacturers' Association reported Thursday. Car registrations in the European Union advanced 7.4 percent year-on-year in July, offsetting June's 7.3 percent decrease. Data showed an annual rise of 39.1 percent for battery-electric and 14.3 percent for hybrid-electric

RTTNews | 1時11分前

U.S. Dollar Falls Against Majors

The U.S. dollar weakened against other major currencies in the Asian session on Thursday.

RTTNews | 1時34分前

European Shares Seen Higher At Open

European stocks are seen opening broadly higher on Thursday even as Nvidia's disappointing sales forecast raised concerns about the AI spending boom.

RTTNews | 3時3分前

Sensex Nifty Decline On Tariff Worries

Indian shares opened on a sluggish note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect, impacting trade worth billions of dollars and risking Washington-New Delhi ties.

RTTNews | 3時55分前

European Economic News Preview: Eurozone Economic Sentiment Data Due

Economic confidence and monetary aggregates from the euro area and flash GDP from Switzerland are the top economic news due on Thursday. At 3.00 am ET, the State Secretariat for Economic Affairs is slated to release Swiss GDP data for the second quarter. The economy is expected to grow 0.1 percent sequentially after rising 0.5 percent in the first quarter.

RTTNews | 3時56分前

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.

RTTNews | 5時22分前

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.

RTTNews | 5時37分前

Sensex, Nifty Set To Open Lower As New U.S. Tariffs Take Effect

Indian shares may open on a weak note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect on Wednesday.

RTTNews | 6時8分前

EURUSD	1.16368	GBPUSD	1.34944	AUDUSD	0.65144
USDJPY	147.253	USDCAD	1.37804	USDCHF	0.80154