Bay Street Seen Opening Higher

RTTNews | 735 hari yang lalu
Stocktwits
Bay Street Seen Opening Higher

(RTTNews) - Canadian shares are likely to open higher on Wednesday, tracking firm commodity prices and positive European stocks.

The focus will be on the minutes from the Bank of Canada's latest policy meeting.

The Canadian market ended modestly higher on Tuesday, led by gains in energy stocks after oil prices rose sharply on hopes of an uptick in demand from China.

The benchmark S&P/TSX Composite Index ended with a gain of 96.08 points or 0.47% at 20,725.00 after scaling a low of 20,541.59 and a high of 20,775.72 intraday.

Asian stocks ended mixed on Wednesday amid signs of rising tensions between Washington and Beijing in recent days.

European stocks are up firmly in positive territory with investors reacting to remarks from Federal Reserve Chair Jerome Powell who struck a less hawkish tone than feared in a question-and-answer session at the Economic Club of Washington, D.C.

In commodities trading, West Texas Intermediate Crude oil futures are up $0.69 or 0.89% at $77.83 a barrel.

Gold futures are gaining $8.80 or about 0.5% at $1,893.60 an ounce, while Silver futures are up $0.303 or 1.37% at $22.480 an ounce.

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European Shares Seen Higher On Russia-Ukraine Peace Hopes

European Shares Seen Higher On Russia-Ukraine Peace Hopes

European stocks are likely to open higher on Thursday after U.S. President Donald Trump and Russian President Vladimir Putin have agreed to start talks to end the Ukraine War in a significant step towards resolving the conflict.
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European Economic News Preview: UK GDP Data Due

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Quarterly national accounts and foreign trade from the UK and final inflation from Germany are the top economic news due on Thursday. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and trade deficit. The economy is forecast to shrink 0.1 percent sequentially in the fourth quarter after remaining flat in the third quarter.
RTTNews | 6j 10min yang lalu
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Indian shares opened on a firm note Thursday as signs of a slowing economy towards the end of 2024 and falling retail inflation reinforced the views that the Reserve Bank of India (RBI) will continue to loosen its monetary policy in coming months.
RTTNews | 6j 27min yang lalu
Asian Markets Trade Mixed

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RTTNews | 7j 33min yang lalu
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RTTNews | 8j 23min yang lalu
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Ahead of Wednesday's holiday for Makha Bucha Day, the Thai stock market had moved higher in two of three trading days since the end of the seven-day losing streak in which it had plummeted more than 85 points or 6.3 percent. The Stock Exchange of Thailand now sits just above the 1,280-point plateau and it figures to open under pressure on Thursday.
RTTNews | 9j 10min yang lalu
Little Movement Expected For Indonesia Stock Market

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The Indonesia stock market on Wednesday ended the five-day losing streak in which it had plummeted more than 540 points or 7.9 percent. The Jakarta Composite Index now sits just beneath the 6,650-point plateau and it's expected to remain in that neighborhood again on Thursday.
RTTNews | 9j 40min yang lalu
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