Bay Street Seen Opening With Slightly Positive Bias

RTTNews | Pred 254 dňami

(RTTNews) - Canadian shares may open with a slightly positive bias Friday morning with energy stocks finding support from higher oil prices. Trading is likely to remain a bit lackluster due to trade war fears and caution ahead of next week's policy announcement from the Federal Reserve.

Data on Canadian manufacturing sales, wholesale sales and new motor vehicles sales, all for the month of October, are due at 8:30 AM ET.

A report on capacity utilization in the third quarter is also due at 8:30 AM ET.

TerraVest Industries (TVK.TO) reported fourth-quarter net income of $12.83 million, compared to $17.39 million in the year-ago quarter.

The Canadian market closed notably lower on Thursday as stocks tumbled on sustained selling pressure due to weak commodity prices and rising concerns about U.S. President-elect Donald Trump's tariff threats.

The benchmark S&P/TSX Composite Index ended with a loss of 246.99 points or 0.96% at 25,410.71, a more than two week low.

Asian stocks ended mixed on Friday after Chinese leaders pledged more stimulus measures during a two-day huddle of the Central Economic Work Conference in Beijing, a key economic meeting that sets policy priorities for the coming year.

Top officials vowed to deliver rate cuts and lower the reserve requirement for banks to maintain economic growth and ensure overall stability of employment and prices. However, the meeting lacked policy details of fiscal stimulus and monetary easing steps.

European stocks are subdued today, weighed down by disappointing economic data from Germany and the UK.

In commodities, West Texas Intermediate Crude oil futures are up $0.56 or 0.8% at $70.58 a barrel.

Gold futures are down $18.10 or 0.66% at $2,691.30 an ounce, while Silver futures are lower by $0.299 or 0.95% at $31.320 an ounce.

Australian Market Slashes Early Gains In Mid-market

The Australian stock market is slashing its early gains in mid-market trading on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to near the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weak spot.

RTTNews | Pred 45 minútami

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, on an improved outlook for interest rates after US Fed Chair Jerome Powell's dovish comments at the conference in Jackson Hole on Friday. Powell said economic risks are 'shifting' and a rate cut may be warranted. Asian markets closed mixed on Friday.

RTTNews | Pred 1 h 2 min

Sensex, Nifty Seen Higher On Dovish Fed Comments

Indian shares are seen opening higher on Monday as traders react to Fed Chair Jerome Powell's dovish comments at the conference in Jackson Hole.

RTTNews | Pred 1 h 42 min

Thai Shares Tipped To Open To The Upside On Monday

The Thai stock market has finished higher in two of three trading days since the end of the four-day losing streak in which it had slumped more than 40 points or 3.5 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it's poised to extend its gains on Monday.

RTTNews | Pred 2 h 11 min

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Monday, extending the gains in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 moving well above the 42,850 level, with gains across most sectors led by index heavyweights and technology stocks.

RTTNews | Pred 2 h 23 min

Indonesia Stock Market May End Losing Streak On Monday

The Indonesia stock market has moved lower in two straight sessions, slipping almost 85 points or 1.1 percent along the way. The Jakarta Composite Index now sits just shy of the 7,860-point plateau although it's likely to stop the bleeding on Monday.

RTTNews | Pred 2 h 41 min

Australian Market Notably Higher

The Australian stock market is notably higher on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving well above the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weal spot.

RTTNews | Pred 2 h 42 min

Hong Kong Shares Tipped To Open In The Green

The Hong Kong stock market has moved higher in two of three trading days since the end of the four-day losing streak in which it had fallen more than 480 points or 1.7 percent. The Hang Seng Index now rests just beneath the 25,340-point plateau and it's expected to open higher again on Monday.

RTTNews | Pred 2 h 56 min

EURUSD	1.17062	GBPUSD	1.35106	AUDUSD	0.64883
USDJPY	147.322	USDCAD	1.38346	USDCHF	0.8028