Bay Street Seen Opening On Mixed Note

RTTNews | 1000 일 전

(RTTNews) - Canadian shares are likely to open on a mixed note on Tuesday, with investors tracking the movements in European markets and slightly lower commodities.

The focus is on the midterm elections in the U.S.

In Canadian company news, Pan American Silver Corp. (PAAS.TO) and Agnico Eagle Mines Limited (AEM.TO) announced that Yamana Gold (YRI.TO) has executed and delivered the arrangement agreement providing for the binding offer dated November 4, 2022. The Yamana Board unanimously recommended that Yamana shareholders vote against the arrangement between Yamana and Gold Fields at the shareholders' meeting.

The Pan American-Agnico agreement will become effective only upon the earlier of: the Gold Fields transaction not being approved at the Yamana meeting; or Gold Fields electing to terminate the Gold Fields Agreement.

TransAlta Corporation (TA.TO) announced net earnings attributable to common shareholders of $61 million or $0.23 per share in the third quarter of this year, compared to a loss of $1.68 per share for the same period in 2021.

Maple Leaf Foods (MFI.TO) reported a net loss of $229.5 million for the third quarter. That includes a non-cash impairment of goodwill in the Plant Protein segment of $190.9 million.

Canadian stocks ended mostly higher on Monday after fluctuating early on in the session. After briefly dipping below the unchanged line in early trading, the benchmark S&P/TSX Composite Index climbed 96.10 points or 0.5% to 19,545.91.

Asian stocks ended mixed on Tuesday amid concerns about the fate of China's zero-COVID policy and ahead of U.S. consumer inflation data due on Thursday that could influence the Federal Reserve's rate-hike narrative.

European stocks are turning in a mixed performance with investors largely making cautious moves as they look ahead to the midterm elections in the U.S.

In commodities trading, West Texas Intermediate Crude oil futures are down $0.41 or 0.44% at $91.38 a barrel.

Gold futures are down $5.60 or 0.33% at $1,674.90 an ounce, while Silver futures are lower by $0.074 or 0.37% at $20.845 an ounce.

Swiss Market Ends Marginally Down

After an early sharp drop, the Switzerland market recovered some lost ground Monday morning, but stayed in negative territory right through the day's trading session, as investors largely stayed cautious, waiting for directional clues.

RTTNews | 1 시간 4 분 전

European Markets Close On Firm Note As Stocks Rebound On Bargain Hunting

European markets closed on a firm note on Monday, rebounding well from recent losses, as investors indulging in some bargain hunting after previous week's setback following U.S. President Donald Trump's sweeping tariff announcement.

RTTNews | 1 시간 16 분 전

U.S. Factory Orders Pull Back Sharply In June

After reporting a substantial increase by new orders for U.S. manufactured goods in the previous month, the Commerce Department released a report on Monday showing factory orders pulled back sharply in the month of June. The Commerce Department said factory orders dove by 4.8 percent in June after soaring by an upwardly revised 8.3 percent in May.

RTTNews | 4 시간 58 분 전

Weak Jobs Data Limits Dollar's Rebound

A smaller-than expected addition to non-farm payrolls curtailed the dollar's rally fueled by a hawkish Fed stance, higher-than-expected PCE-inflation readings, as well as anxiety ahead of the U.S.-China trade talks and the looming trade tariff deadline.

RTTNews | 5 시간 1 분 전

Eurozone Investor Sentiment Weakens Unexpectedly

Euro area investor confidence deteriorated unexpectedly in August as the newly reached trade deal with the U.S. deepened concerns about the current economic situation as well as the outlook, data from the behavioral research institute Sentix showed on Monday. The Sentix investor sentiment index fell steeply to -3.7 in August from 4.5 in July. The measure was expected to climb to 6.2.

RTTNews | 6 시간 19 분 전

Bay Street Seen Opening On Cautious Note

Canadian stocks may open on a mixed note on Monday with investors likely to stay cautious ahead of implementation of levies imposed by U.S. President Donald Trump, and a slew of earnings announcements due this week. Weak oil prices may weigh a bit.

RTTNews | 6 시간 26 분 전

FTSE 100 Modestly Higher; Lloyds Banking Group Rises Nearly 8%

The UK market is up in positive territory on Monday with stocks from the financial sector contributing significantly to the upmove after the outcome from the UK's motor finance investigation turned out to less severe than feared, with potential compensation estimated at 9 billion pounds, much less than the expected quantum o 30 billion pounds.

RTTNews | 7 시간 18 분 전

Indian Rupee Falls To 4-day Low Against U.S. Dollar

The Indian rupee weakened against the U.S. dollar in the European session on Monday, as investors await the announcement of the interest rate decision by the Reserve Bank of India (RBI) on Wednesday.

RTTNews | 7 시간 41 분 전

EURUSD	1.15702	GBPUSD	1.32789	AUDUSD	0.64637
USDJPY	146.959	USDCAD	1.37768	USDCHF	0.80783

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Bay Street Seen Opening On Mixed Note