Higher Commodity Prices Point To Slightly Positive Start On Bay Street

RTTNews | 204日前

(RTTNews) - Higher crude oil bullion prices point to a positive start for the Canadian market Wednesday morning. However, U.S. inflation data, which is due before the opening bell, is likely to significantly impact investor sentiment in early trades.

The Labor Department's consumer price inflation data is due at 8:30 AM ET. Analysts expect the headline CPI to have risen 0.2% month-on-month in August, unchanged from the previous month.

In Canadian corporate news, Dollarama, Inc. (DOL.TO) reported Wednesday that net earnings for the second quarter increased to $285.94 million or $1.02 per share from $245.76 million or $0.86 per share in the prior-year quarter.

Canadian stocks tumbled after a slightly flat start Tuesday morning, but recovered gradually as the day's session progressed and eventually ended with a marginal loss.

The benchmark SMI, which was down by about 235 points at 22,791.55 at noon, ended the day's session with just a marginal loss of 24.06 points or 0.1% at 23,003.09.

Asian stocks declined on Wednesday as investors watched the latest updates on the Trump-Harris presidential debate and braced for U.S. consumer price inflation data that could influence the Federal Reserve's policy moves next week.

European stocks are slightly higher ahead of U.S. consumer inflation data. The focus is also on the European Central Bank's monetary policy announcement due on Thursday. The ECB is widely expected to lower interest rates for the second time this year.

In commodities, West Texas Intermediate Crude oil futures are up $1.65 or 2.5% at $67.39 a barrel.

Gold futures are gaining $8.00 or 0.32% at $2,551.10 an ounce, while Silver futures are up $0.531 or 1.86% at $29.145 an ounce.

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Friday, following the broadly negative from Wall Street overnight, with some of the major markets being closed, as traders continue to assess the impact of the steeper-than-expected reciprocal tariffs imposed by US President Donald Trump on U.S. trade partners. Asian markets ended mostly lower on Thursday.

RTTNews | 4時6分前

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market moves on Friday, adding to the losses in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling almost 2 percent to stay just above the 7,700 level, with weakness across most sectors led by energy and technology stocks.

RTTNews | 4時49分前

Sensex, Nifty Seen Lower At Open As Global Sell-off Deepens

Indian shares may follow global peers lower on Friday, even as a weakening dollar, plunging oil prices and expectations for accelerated Federal Reserve interest-rate cuts may help cap overall losses to some extent.

RTTNews | 4時57分前

Japanese Market Sharply Lower; Down 2.4%

Extending the sharp losses in the previous session, the Japanese market is sharply lower on Friday, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling 2.4 percent to below the 33,900 level, with weakness across most sectors led by index heavyweights, financial and technology stocks.

RTTNews | 6時1分前

Australian Market Sharply Lower

The Australian stock market is trading sharply lower on Friday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 7,800 level, with weakness across most sectors led by energy and technology stocks.

RTTNews | 6時28分前

Thai Shares Tipped To Open Under Water Again On Friday

The Thai stock market on Thursday ended the two-day winning streak in which it had advanced almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,160-point plateau and it's looking at another soft start again on Friday.

RTTNews | 6時29分前

Soft Start Expected For Singapore Stock Market

The Singapore stock market has tracked lower in four straight sessions, slumping almost 40 points or 1 percent along the way. The Straits Times Index now sits just above the 3,940-point plateau and it figures to open in the red again on Friday. The global forecast for the Asian markets is broadly negative after U.S. President Donald Trump's tariff announcement. The European and U.S. markets were sharply lower and the Asian bourses are expected to open in similar fashion. The STI finished modestly lower on Thursday following losses from the banks and mixed performances from the properties and industrials. For the day, the index lost 11.98 points or 0.30 percent to finish at 3,942.23 after trading between 3,902.98 and 3,955.04.

RTTNews | 6時59分前

Malaysia Bourse May Give Up Support At 1,500 Points

The Malaysia stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had picked up more than 30 points or 2 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,520-point plateau and it may take further damage again on Friday.

RTTNews | 7時29分前

EURUSD	1.10801	GBPUSD	1.30938	AUDUSD	0.6251
USDJPY	145.802	USDCAD	1.40954	USDCHF	0.85469

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Higher Commodity Prices Point To Slightly Positive Start On Bay Street