Bay Street May Open On Positive Note

RTTNews | 59 일 전

(RTTNews) - Canadian shares look headed for a higher start Friday morning, thanks to positive global cues amid easing trade tensions after the U.S. struck a deal with China to expedite rate earth shipments.

The deal marks a significant step towards resolving the ongoing trade war between the world's two largest economies.

Beijing said Washington would lift "restrictive measures" while Beijing would "review and approve" items under export controls.

On the Canadian economic front, data from Statistics Canada showed the nation's GDP edged down 0.1% in April.

In U.S. data, a report from the Commerce Department said the personal consumption expenditures (PCE) price index inched up by 0.1% in May, matching the uptick seen in April as well as economist estimates.

The annual rate of growth by the PCE price index accelerated to 2.3% in May from 2.2% in April, which also matched expectations.

Meanwhile, the core PCE price index, which excludes food and energy prices, rose by 0.2% in May after inching up by 0.1% in April. Economists had expected another 0.1% uptick. The annual rate of growth by the core PCE price index accelerated to 2.7% in May from an upwardly revised 2.6% in April.

Canadian stocks climbed higher Thursday as the ongoing truce between Israel and Iran pushed the market up, with mining stocks taking the lead.

The benchmark S&P/TSX Composite Index settled at 26,751.95, up by 185.63 or about 0.7%.

Asian stocks ended mixed on Friday despite U.S. President Donald Trump announcing a trade deal with China on rare earths and hinting at a major upcoming deal with India.

The ceasefire between Iran and Israel continued to hold and weak U.S. data fueled rate cut hopes, helping limit regional losses.

The major European markets are notably higher on easing U.S.-China trade tensions, and the ceasefire between Iran and Israel.

In commodities trading, West Texas Intermediate Crude oil futures are up $0.35 or 0.54% at $65.59 a barrel.

Gold futures are down $63.50 or 1.9% at $3,284.50 an ounce, while Silver futures are lower by $0.779 or 2.1% at $36.145 an ounce.

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, giving up the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness in iron ore miners and a mixed performance across most other sectors.

RTTNews | 1 시간 12 분 전

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation. Asian markets closed mostly higher on Monday.

RTTNews | 1 시간 33 분 전

Sensex, Nifty Seen Lower As US Notifies India Of Additional Tariffs

Indian shares may open on a weak note on Tuesday as enthusiasm over potential Federal Reserve rate cuts faded and caution set in ahead of the release of crucial U.S. inflation data as well as Nvidia quarterly results.

RTTNews | 2 시간 4 분 전

Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 2 시간 44 분 전

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.

RTTNews | 3 시간 12 분 전

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday wrote a finish to the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,925-point plateau although it's looking at a soft start on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 3 시간 14 분 전

Hong Kong Shares May Be Stuck In Neutral On Tuesday

The Hong Kong stock market has moved higher in two straight sessions, improving more than 825 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 25,830-point plateau although it may open under pressure on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 3 시간 29 분 전

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, recouping the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, financial and technology stocks partially offset by gains gold miners.

RTTNews | 3 시간 32 분 전

EURUSD	1.16293	GBPUSD	1.34568	AUDUSD	0.64797
USDJPY	147.761	USDCAD	1.38568	USDCHF	0.80555