Bay Street May Open Slightly Higher; U.S., Canadian Jobs Data In Focus

RTTNews | 4 dagar sedan
Bay Street May Open Slightly Higher; U.S., Canadian Jobs Data In Focus

(RTTNews) - Higher Canadian and U.S. futures point to a slightly positive start on Bay Street Friday morning. The focus is on the crucial jobs data from Canada as well as the U.S.

Lingering concerns about trade tensions may weigh on sentiment and limit market's upside.

Economists expect U.S. employment to increase by 130,000 jobs in May after an increase of 177,000 jobs in April. The unemployment rate is expected to hold at 4.2 percent.

The Canadian market ended slightly up on Thursday after spending much of the day's trading session in negative territory amd concerns about the potential impact of Trump administration's tariff moves.

The benchmark S&P/TSX closed up 13.29 points or 0.05% at 26,342.29.

Asian stocks ended mixed in lackluster trading on Friday despite the leaders of the U.S. and China agreeing to further talks aimed at reaching a deal.

U.S. President Donald Trump described a phone call with his Chinese counterpart as "very good" and said it "resulted in a very positive conclusion for both countries."

Traders also reacted to an ECB rate cut and braced for a U.S. employment report later in the day for additional clues on the Fed's rate trajectory.

The major European markets are subdued with investors treading cautiously as they await U.S. non-farm payrolls data for the month of May.

In commodities trading, West Texas Intermediate Crude oil futures are down $0.12 or 0.2% at $63.25 a barrel.

Gold futures are gaining $6.70 or 0.2% at $3,381.80 an ounce, while Silver futures are up $0.485 or 1.35% at $36.290 an ounce.

read more
Sensex, Nifty Marginally Higher In Lackluster Trade

Sensex, Nifty Marginally Higher In Lackluster Trade

Indian shares were marginally higher on Wednesday after top U.S. and Chinese officials agreed on a "framework" to move forward on trade, following two days of high-level talks in London.
RTTNews | 1h 13minuter sedan
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian market is trimming its early gains in mid-market moves on Wednesday, but extending the gains in the previous session, with the benchmark S&P/ASX 200 moving above the 8,600 level to fresh all-time highs, following the positive cues from Wall Street overnight, with gains in iron ore miners, energy and financial stocks partially offset by weakness in gold miners and technology stocks.
RTTNews | 2h 14minuter sedan
Asian Markets Track Wall Street Higher

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 easing trade war tensions after top U.S. and Chinese officials agreed upon a "framework" to move forward on trade, following two days of high-level talks in London. The framework will first need to be approved by leaders in Washington and Beijing.
RTTNews | 2h 39minuter sedan
Sensex, Nifty Set For Muted Start

Sensex, Nifty Set For Muted Start

Indian shares are seen opening little changed on Wednesday despite top U.S. and Chinese officials agreeing on a "framework" to move forward on trade, following two days of high-level talks in London.
RTTNews | 3h 8minuter sedan
Thai Bourse May Extend Tuesday's Gains

Thai Bourse May Extend Tuesday's Gains

The Thai stock market on Tuesday ended the two-day slide in which it had slipped more than 5 points or 0.4 percent. The Stock Exchange of Thailand now rests just beneath the 1,140-point plateau and it may tick higher again on Wednesday.
RTTNews | 3h 39minuter sedan
Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese stock market is trading modestly higher on Wednesday, extending the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 38,300 level, with gains across most sectors led by index heavyweights and technology stocks. Financial stocks are a weak spot.
RTTNews | 4h 5minuter sedan
Indonesia Shares May Open To The Upside

Indonesia Shares May Open To The Upside

The Indonesia stock market has moved higher in three straight sessions, gathering almost 190 points or 2.7 percent along the way. The Jakarta Composite Index now rests just above the 7,230-point plateau and it's looking at a firm lead again for Wednesday's trade.
RTTNews | 4h 9minuter sedan
Higher Open Expected For Hong Kong Shares

Higher Open Expected For Hong Kong Shares

The Hong Kong stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had rallied almost 750 points or 3.5 percent. The Hang Seng Index now sits just above the 24,160-point plateau and it's likely to remain rangebound on Wednesday.
RTTNews | 4h 24minuter sedan