Bay Street May Open With Positive Bias

RTTNews | 124 hari yang lalu

(RTTNews) - Canadian shares are likely to open with a positive bias on Thursday in reaction to reports that the U.S. and U.K. have agreed on a trade deal. Investors will also be reacting to a slew of corporate earnings announcements, and the Bank of England's interest rate move.

Cenovus Energy reported earnings per share of $47 in the first quarter, compared to $0.62 in the previous quarter.

BCE Inc. reported earnings per share of $0.69 in the first-quarter, compared to $0.72 in the year-ago quarter.

Emera Inc. has reported earnings per share of $1.28 for the first quarter, much higher earnings compared to the previous period.

Shopify's net loss widened to $682 million in the first-quarter from last year's loss of $273 million.

Canadian Natural Resources, Sun Life Financial, Wheaton Precious Metals, Franco-Nevada and Hydro One are slated to announce their earnings today.

The Canadian market closed on a firm note on Wednesday, led by gains in technology, industrials and real estate stocks.

The benchmark S&P/TSX Composite Index closed up 186.46 points or 0.75% at 25,161.18.

Asian stocks rose broadly on Thursday as traders reacted to the Federal Reserve's status-quo rate decision and awaited cues from upcoming trade negotiations between China and the United States.

European stocks are up firmly in positive territory with the U.S. and the U.K. striking a trade deal. Investors are awaiting trade negotiations between China and the U.S., set to take place this weekend.

The Bank of England has cut interest rate by 0.25% as widely expected, amid concerns over the potential shock to global growth due to Trump administration's tariff policies.

In commodities, West Texas Intermediate Crude oil futures are up $1.11 or 1.91% at $59.18 a barrel.

Gold futures are down $32.10 or 0.95% at $3,359.80 an ounce, while Silver futures are lower by $0.216 or 0.66% at $32.575 an ounce.

European Markets Seen Opening Positive On Wednesday

Stock markets in Europe are expected to open on a mildly positive note on Wednesday amidst the strong rally in Wall Street on Tuesday fueled by Fed rate cut hopes.

RTTNews | 46 minit yang lalu

European Economic News Preview: Italy Industrial Output Data

Industrial production from Italy and Spain are the major economic reports due on Wednesday. At 2.00 am ET, Statistics Norway publishes consumer prices for August. In July, inflation advanced to 3.3 percent from 3.0 percent in June. At 3.00 am ET, Statistics Spain is set to issue industrial production data for July. Output had climbed 2.3 percent on a yearly basis in June.

RTTNews | 1j 28min yang lalu

Sensex, Nifty Up Firmly In Positive Territory; IT Stocks Shine Again

Indian stocks are up firmly in positive territory Wednesday morning after a bright start, with technology and PSU bank stocks hogging the limelight. Expectations of more reductions in GST rates, and reports about prospects of trade talks between India and the U.S. contribute to the positive mood in the markets.

RTTNews | 1j 33min yang lalu

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 | 3j 32min yang lalu

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 | 3j 40min yang lalu

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 | 3j 49min yang lalu

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 | 5j 1min yang lalu

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 | 5j 31min yang lalu

EURUSD	1.16835	GBPUSD	1.35127	AUDUSD	0.65953
USDJPY	147.558	USDCAD	1.386	USDCHF	0.79844