Bay Street Likely To Open On Mixed Note

RTTNews | 82 일 전

(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.

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 | 20 분 전

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 | 35 분 전

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 | 36 분 전

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 | 1 시간 5 분 전

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 | 1 시간 35 분 전

Little Movement Seen For Malaysia Stock Market

The Malaysia stock market has alternated between positive and negative finishes through the last seven trading days since the end of the two-day winning streak in which it had gathered almost 10 points or 0.6 percent. The Kuala Lumpur Composite Index now sits just above the 1,515-point plateau and it's expected to remain rangebound 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 | 2 시간 5 분 전

Japan Stock Market Poised To End Losing Streak

The Japan stock market has finished lower in three straight sessions, stumbling more than 530 points or 1.4 percent along the way. The Nikkei 225 now rests just above the 38,350-point plateau although it may stop the bleeding 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. The Nikkei finished modestly lower on Monday following losses from the financial shares, technology stocks and automobile producers. For the day, the index dipped 49.14 points or 0.13 percent to finish at 38,354.09 after trading between 38,026.32 and 38,368.22. Among the actives, Nissan Motor shed 0.46 percent, while Mazda Motor stumbled 2.01 percent, Toyota Motor fell 0.36 percent, Honda Motor retreated 1.23 percent, Mitsubishi UFJ Financial dropped 0.92 percent, Mizuho Financial lost 0.58 percent, Sumitomo Mitsui Financial eased 0.06 percent, Sony Group tanked 2.13 percent, Panasonic Holdings sank 0.67 percent, Hitachi declined 1.63 percent and Softbank Group was unchanged.

RTTNews | 2 시간 20 분 전

Rebound Anticipated For South Korea Stock Market

The South Korea stock market on Monday snapped the five-day winning streak in which it had rallied almost 130 points or 4.3 percent to a three-year high. The KOSPI now rests just above the 3,010-point plateau although it's likely to bounce higher 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 | 2 시간 35 분 전

EURUSD	1.15974	GBPUSD	1.35485	AUDUSD	0.64798
USDJPY	145.647	USDCAD	1.37269	USDCHF	0.81258

Advertisement

Bay Street Likely To Open On Mixed Note