Bay Street Likely To Open On Weak Note

RTTNews | 1 일 전

(RTTNews) - Canadian shares look headed for a weak start Monday morning amid rising trade tensions after China's Commerce Ministry said it would retaliate against nations cooperating with the U.S.'s tariff wars. i U.S. President Donald Trump's threat that Fed Chair Jerome Powell might be removed from his post is also likely to weigh on sentiment.

White House economic adviser Kevin Hassett said on Friday that the president and his team are examining the legal feasibility of removing Powell and claimed that he had acted politically to benefit Democrats.

On Thursday, Trump blasted Powell for not lowering interest rates, calling him "always TOO LATE AND WRONG."

In Canadian company news, power producer Northland Power Inc. (NPI.TO) announced Monday the appointment of Jeff Hart as the Company's new Chief Financial Officer (CFO), effective May 1, 2025. He will be based at Northland's headquarters in Toronto and will report directly to Christine Healy, President and Chief Executive Officer of Northland.

The Canadian market closed modestly higher on Thursday. The benchmark S&P/TSX Composite Index spent morning trading bouncing back and forth across the unchanged before spending the afternoon hovering in positive territory.

The index ended the day up 86.02 points or 0.4% at 24,192.81, continuing to recover from the eight-month closing low set last Tuesday.

Asian stocks ended mixed on Monday, with markets in Hong Kong, Australia and New Zealand closed due to the Easter holiday.

The U.S. dollar tumbled after U.S. President Donald Trump threatened to fire Fed Chair Powell over rate cuts and released an eight-point list targeting what he calls "non-tariff cheating" by foreign nations -- a warning he said could affect diplomatic and trade ties with the United States.

The major European markets are closed today for Easter Monday.

In commodities, West Texas Intermediate Crude oil futures are down $1.51 or 2.3% at $63.17 a barrel.

Gold futures are gaining $87.50 or 2.63% at $3,415.90 an ounce, while Silver futures are up $0.570 or 1.76% at $33.040 an ounce.

Australian Market Maintains Strong Early Gains In Mid-market

The Australian stock market is maintaining its strong early gains in mid-market moves on Wednesday, recouping the slight losses in the previous session, with the benchmark S&P/ASX 200 moving well below the 7,900 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by financial and technology stocks. Gold miners were the only weak spot.

RTTNews | 13 분 전

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Wednesday, following the positive cues from Wall Street overnight, after US President Donald Trump said tariffs on China would be trimmed down from the current 145 percent rate. Reports also indicate that Treasury Secretary Scott Bessent told a closed-door investor summit he expects the trade dispute between the U.S. and China to de-escalate.

RTTNews | 37 분 전

Sensex, Nifty Seen Opening Higher As Trade Tensions Ease

Indian shares may open higher on Wednesday as optimism grew over a potential easing of trade tensions between the U.S. and China.

RTTNews | 1 시간 8 분 전

Japan Manufacturing PMI Inches Higher In April - Jibun

The manufacturing sector in Japan continued to contract in April, albeit at a slower rate, the latest survey from Jibun Bank revealed on Wednesday with a manufacturing PMI score of 48.5.

RTTNews | 1 시간 34 분 전

Thai Stock Market May See Continued Support

The Thai stock market moved back to the upside again on Tuesday, one day after ending the three-day winning streak in which it had advanced more than 20 points or 1.9 percent. The Stock Exchange of Thailand now sits just beneath the 1,145-point plateau and it's expected to extend its gains on Wednesday.

RTTNews | 1 시간 38 분 전

Higher Open Called For Indonesia Stock Market

The Indonesia stock market has tracked higher in three straight sessions, gathering almost 140 points or 2.2 percent along the way. The Jakarta Composite Index now rests just shy of the 6,540-point plateau and it's tipped to open in the green again on Wednesday.

RTTNews | 2 시간 8 분 전

Japanese Market Sharply Higher

The Japanese stock market is trading sharply higher on Wednesday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 34,800 level, with gains across all sectors led by index heavyweights and financial stocks.

RTTNews | 2 시간 11 분 전

Hong Kong Shares Tipped To Open To The Upside

The Hong Kong stock market has finished higher in two straight sessions, advancing more than 500 points or 2.2 percent in that span. The Hang Seng Index now sits just above the 21,560-point plateau and it's got a solid lead again for Wednesday's trade.

RTTNews | 2 시간 23 분 전

EURUSD	1.13752	GBPUSD	1.32885	AUDUSD	0.63841
USDJPY	142.174	USDCAD	1.38452	USDCHF	0.8238

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Bay Street Likely To Open On Weak Note