Bay Street Likely To Open With Slightly Positive Bias; Inflation Data In Focus

RTTNews | 31 วันที่ผ่านมา
Bay Street Likely To Open With Slightly Positive Bias; Inflation Data In Focus

(RTTNews) - Canadian stocks may open with a slightly positive bias on Tuesday amid optimism about potential exemptions from tariffs for auto and auto parts exports from Canada, Mexico and other countries to the U.S.

The focus will be on Canadian inflation data.

In company news, Kinross Gold Corporation (K.TO) said it has temporarily suspended mill operations at Tasiast due to fire occured on April 14. While the company is assessing the damage caused by the fire and potential impact on the operation, it does not expect to change the outlook.

Colliers International Group Inc. (CIGI.TO) announced that it has entered into a definitive agreement to acquire Triovest Inc., a Canadian commercial real estate services platform, from its owner, Coril Holdings. Terms of the transaction were not disclosed.

Asian stocks ended mixed on Tuesday as investors watched the latest headlines on the tariff front.

U.S. President Donald Trump indicated a potential temporary exemption for the auto industry from tariffs, especially for counties like Mexico and Canada, but at the same time there were reports that the U.S. was kicking off investigations into imports of pharmaceuticals and semiconductors as part of a bid to impose tariffs.

European stocks are up in positive territory, reacting to an announcement from the U.S. President that he was considering a modification to the 25% tariffs imposed on foreign auto and auto parts imports from Mexico, Canada and other countries.

Investors are also digesting inflation data from Germany and France, and the unemployment data from the U.K.

In commodities trading, West Texas Intermediate Crude oil futures are down $0.32 or 0.52% at $61.21 a barrel.

Gold futures are gaining $12.20 or 0.38% at $3,238.50 an ounce, while Silver futures are up $0.143 or 0.44% at $32.310 an ounce.

read more
Eurozone Trade Surplus Surges On Exports To US

Eurozone Trade Surplus Surges On Exports To US

The euro area trade surplus grew strongly in March as exports to the U.S increased sharply ahead of the expected increase in trade tariffs. The trade balance showed a surplus of EUR 36.8 billion compared to a EUR 22.8 billion surplus in the same period last year, Eurostat reported Friday.
RTTNews | 31 นาทีที่ผ่านมา
Richemont Shares Gain On Higher FY25 Results, Dividend Hike

Richemont Shares Gain On Higher FY25 Results, Dividend Hike

Shares of Richemont SA were gaining around 6 percent in the Swiss trading after the Cartier owner reported higher net profit and sales in its fiscal 2025 on strong Jewellery performance. Meanwhile, earnings from continuing operations was lower than last year amid weak China results. Further, the luxury goods firm declared higher dividend.
RTTNews | 37 นาทีที่ผ่านมา
EU Seeks Public Feedback On Microsoft's Proposed Changes To Teams In Antitrust Probe

EU Seeks Public Feedback On Microsoft's Proposed Changes To Teams In Antitrust Probe

The European Commission has invited public response regarding Microsoft Corp.'s offers to address competition concerns related to Teams. In a statement, the EU agency noted that the tech major has offered commitments, among others, to sell its Office product without communication and collaboration product Teams at a lower price than Office with Teams.
RTTNews | 1 ชม. 20 นาทีที่ผ่านมา
Bay Street Likely To Extend Gains

Bay Street Likely To Extend Gains

Canadian shares are likely to extend recent gains as the mood is likely to remain positive Friday morning amid easing tensions about tariffs.
RTTNews | 1 ชม. 22 นาทีที่ผ่านมา
FTSE 100 Advances Again

FTSE 100 Advances Again

U.K. stocks are moving higher on Friday as investors continue to cheer the recent tariff agreement between U.S. and China, and news about a positive progress in talks between the EU bloc and U.S. for lowering the tariffs from earlier proposed levels.
RTTNews | 3 ชม. 21 นาทีที่ผ่านมา