Laddar...

Advertisement

Bay Street Likely To Open Lower On Weak Global Cues

RTTNews | 676 dagar sedan

Bay Street Likely To Open Lower On Weak Global Cues

(RTTNews) - Global cues point to a weak start on Bay Street Friday morning, but rising crude oil and bullion prices may trigger some buying in energy and materials sectors and help limit market's downside.

The mood is likely to remain cautious amid escalating tensions in the Middle East, rising treasury yields and on concerns about slowing global economy.

On the economic front, data on Canadian retail sales for the month of August is due at 8:30 AM ET. Retail sales in Canada are expected to have contracted by 0.3% from the previous month in August, according to preliminary estimate. In July retail sales advanced by 0.3%, up from 0.1%, a month earlier.

The Canadian market closed at a two-week low on Thursday, as stocks fell amid concerns about interest rates and geopolitical tensions.

The benchmark S&P/TSX Composite Index ended with a loss of 101.89 points or 0.52% at 19,348.81.

Asian stocks tumbled on Friday as escalating Middle East tensions and a continued surge in oil prices clouded the outlook for global economic growth.

Gold scaled a three-month peak on safe-haven bids amid fears the Israel-Hamas war may escalate into something of a broader regional crisis.

Israeli Defense Minister Yoav Gallant told troops gathered at the Gaza border on Thursday that they would soon see the Palestinian enclave "from inside."

European stocks are down firmly in negative territory amid concerns the central banks will likely keep interest rates higher for longer to tame inflation.

In commodities, West Texas Intermediate Crude oil futures are up $1.13 or 1.26% at $90.50 a barrel.

Gold futures are gaining $10.50 or 0.53% at $1,991.00 an ounce, while Silver futures are up $0.304 or 1.32% at $13.335 an ounce.

read more

U.S. Dollar Falls Against Majors

U.S. Dollar Falls Against Majors

The U.S. dollar dropped against its major counterparts in the New York session on Tuesday.

RTTNews | 36 minuter sedan

TSX Modestly Higher As Financials, Mining Stocks Move Up

TSX Modestly Higher As Financials, Mining Stocks Move Up

Despite concerns about global trade, and political uncertainty in Europe, the Canadian market is modestly higher Tuesday afternoon, supported by gains in materials, industrials and financials sectors.

RTTNews | 2h 58minuter sedan

Swiss Market Settles Weak

Swiss Market Settles Weak

After opening with a big negative gap Tuesday morning, the Swiss market gradually recovered some lost ground, and even managed a brief spell in positive territory midway through the session, but failed to sustain momentum and finally ended the day's session in the red.

RTTNews | 3h 16minuter sedan

European Stocks Close Lower On Political Concerns, Tariff Worries

European Stocks Close Lower On Political Concerns, Tariff Worries

European stocks closed weak on Tuesday, weighed down by political uncertainty in France, and lingering concerns about tariffs and their impact on global economic growth.

RTTNews | 3h 39minuter sedan

U.S. Consumer Confidence Index Edges Lower In August

U.S. Consumer Confidence Index Edges Lower In August

A report released by the Conference Board on Tuesday showing a modest deterioration by consumer confidence in the U.S. in the month of August. The Conference Board said its consumer confidence index dipped to 97.4 in August from an upwardly revised 98.7 in July.

RTTNews | 7h 8minuter sedan

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July. The Commerce Department said durable goods orders slumped by 2.8 percent in July after plummeting by a revised 9.4 percent in June.

RTTNews | 7h 19minuter sedan

Bay Street May Open On Weak Note

Bay Street May Open On Weak Note

Canadian shares look headed for negative start on Tuesday, weighed down by weak oil prices, and concerns about global trade after U.S. President Donald Trump threatened 200% tariffs on China if Beijing does not export rare-earth magnets to the U.S.

RTTNews | 8h 38minuter sedan

U.S. Durable Goods Orders Tumble Less Than Expected In July

U.S. Durable Goods Orders Tumble Less Than Expected In July

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July.

RTTNews | 8h 43minuter sedan

Villkor | Integritet | Webbkarta | Site Map Calendar

© 2025 Myfxbook Ltd. Alla rättigheter reserverade

HIGH RISK WARNING: Valutahandel innebär en hög risknivå som kanske inte är lämplig för alla investerare. Hävstångseffekten skapar ytterligare risker och förlustexponering. Innan du bestämmer dig för att handla med utländsk valuta bör du noga överväga dina investeringsmål, din erfarenhetsnivå och din risktolerans. Du kan förlora en del av eller hela din ursprungliga investering. Investera inte pengar som du inte har råd att förlora. Utbilda dig om de risker som är förknippade med valutahandel och sök råd från en oberoende finansiell eller skatterådgivare om du har några frågor. Alla uppgifter och all information tillhandahålls endast i informationssyfte och är inte avsedda för handelsändamål eller rådgivning. Tidigare resultat är inte en indikation på framtida resultat.