Bay Street Seen Opening On Mixed Note

RTTNews | 138 일 전

(RTTNews) - Canadian shares are likely to open on a mixed note on Thursday with investors tracking commodity prices and largely making cautious moves amid renewed concerns about U.S. government's tariff moves.

On the economic front, data on average weekly earnings in Canada for the month of February is due at 8:30 AM ET.

The Canadian market turned in a strong performance on Wednesday, with stocks following their U.S. peers higher after President Donald Trump appeared to soften his stance on Federal Reserve Chair Jerome Powell.

"I have no intention of firing him," Trump told reporters on Tuesday but reiterated he would like to see Powell and the Fed resume lowering interest rates. The S&P/TSX Composite Index gave back ground after an early surge but still ended the day up 166.70 points or 0.7 percent at 24,472.68.

Asian stocks ended mixed on Thursday as trade war concerns resurfaced following mixed signals from the Trump administration regarding easing tariffs on Chinese imports.

U.S.-China trade deal optimism faded after U.S. Treasury Secretary Scott Bessent said there were no plans for President Trump to move first in lowering tariffs to ease Sino-U.S. tensions, echoing comments from White House spokesperson Karoline Leavitt that there will be no unilateral reduction in tariffs against China.

European stocks are exhibiting weakness amid renewed concerns about U.S. tariffs after White House spokesperson Karoline Leavitt that there will be no unilateral reduction in tariffs against China. Investors are also digesting a slew of corporate earnings updates.

In commodities trading, West Texas Intermediate crude oil futures are up $0.86 or 1.37% at $63.13 a barrel.

Gold futures are gaining $55.30 or 1.67% at $3,349.40 an ounce, while silver futures are down $0.041 or 0.11% at $33.505 an ounce.

Australian Market Extends Early Gains In Mid-market

The Australian market is extending its early gains in mid-market moves on Wednesday after opening in the red, reversing some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying above the 8,800 level, following the broadly positive cues from Wall Street overnight, with gains in financial and technology stocks partially offset by weakness in mining and energy stocks.

RTTNews | 36 분 전

Indian Shares Likely To Open Higher

Indian shares look headed for a positive start on Wednesday, tracking global cues. Activity is likely to turn stock specific with investors reacting to corporate news. Automobile stocks may find support with several companies deciding to pass on the benefit of recent GST reduction to customers.

RTTNews | 44 분 전

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, amid growing optimism about the outlook for interest rates after sharp downward revisions in US jobs data and ahead of the release of the closely watched US inflation data later in the week. Currencies in the region also strengthened against the US dollar.

RTTNews | 54 분 전

Higher Open Called For Thai Stock Market

The Thai stock market has moved higher in three straight sessions, adding almost 25 points or 2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,275-point plateau and it's tipped to open in the green again on Wednesday.

RTTNews | 2 시간 5 분 전

Indonesia Bourse May End Losing Streak On Wednesday

The Indonesia stock market has moved lower in three straight sessions, sinking almost 260 points or 3.6 percent in that span. The Jakarta Composite Index now rests just beneath the 7,630-point plateau although it's due for support on Wednesday.

RTTNews | 2 시간 35 분 전

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Wednesday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 43,650 level, with gains in technology stocks partially offset by weakness in automakers, exporters and financial stocks.

RTTNews | 2 시간 39 분 전

Hang Seng May Extend Winning Streak

The Hong Kong stock market has moved higher in three straight sessions, climbing more than 975 points or 3.9 percent along the way. The Hang Seng Index now sits just beneath the 25,940-point plateau and it may see additional strength on Wednesday.

RTTNews | 2 시간 50 분 전

Australian Market Slightly Higher

Australian shares are trading slightly higher on Wednesday after opening in the red, reversing some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying just above the 8,800 level, following the broadly positive cues from Wall Street overnight, with gains in financial and technology stocks partially offset by weakness in mining and energy stocks.

RTTNews | 3 시간 4 분 전

EURUSD	1.17084	GBPUSD	1.3533	AUDUSD	0.66045
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