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Bay Street May Open On Weak Note
Lower Canadian and U.S. futures and weak gold prices point to a negative start on Bay Street Thursday morning. Rising tensions in the Middle East and continued uncertainty about Iran and the U.S. arriving at a solution to end the conflict anytime soon may weigh on sentiment.
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20 days ago
FTSE 100 Retreats On JD Sports Slump, Oil Price Surge
The FTSE 100 declined 36.63 points as JD Sports Fashion tumbled 14.2% on disappointing sales and reduced fiscal year 2027 profit guidance. Rising geopolitical tensions pushed Brent crude nearly 3% higher above $94 per barrel.
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20 days ago
U.S. Dollar Falls Against Majors
The U.S. dollar fell against its major counterparts in the New York session on Wednesday.
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20 days ago
Commodity Currencies Rise Amid Higher Oil Prices
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the European session on Thursday, as the crude oil prices traded higher amid prevailing uncertainty over U.S.-Iran peace talks and tensions involving the United Arab Emirates, Oman and Iran. The prolonged conflict raised concerns over supply disruptions from West Asia.
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20 days ago
Geopolitical Tensions Push French Stocks Lower For 8th Day
France's CAC 40 index fell 0.41% Thursday, marking its eighth straight day of losses as collapse of Iran-U.S. peace negotiations pushed crude oil above $84 per barrel. Luxury stocks and automakers suffered notable losses.
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20 days ago
Indian Shares Snap Seven-day Losing Streak
Indian shares ended notably higher on Thursday after seven consecutive sessions of losses.
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20 days ago
DAX Drops Amid Oil Rally And Producer Price Inflation Surge
German stocks fell Thursday with the DAX down 0.56% as Brent crude climbed 2.7% on Middle East tensions. Producer price inflation reached 3% annually in July, surpassing economist expectations and marking the highest rate since April 2023.
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20 days ago
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Canadian Dollar Climbs Against Majors
The Canadian dollar strengthened against other major currencies in the European session on Thursday.
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20 days ago
Gold Prices Slide After Scaling Over Two-month Peak
Gold prices fell on profit taking Thursday after rising sharply in the previous session following a surprise liquidity support announcement by the U.S. Treasury to stem a rout in the bond market.
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20 days ago
NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the European session on Thursday.
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20 days ago
Australian Dollar Rises Against Most Majors
The Australian dollar strengthened against most major currencies in the European session on Thursday.
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20 days ago
European Shares Drift Lower As Oil Extends Gains For Fourth Day
European stocks edged lower on Thursday as lingering Middle East tensions overshadowed a decline in U.S. bond yields following the Treasury Department's move to dramatically ramp up government debt purchases.
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20 days ago
Asian Shares Climb On Eased US Bond Market Concerns
Asian stocks rose on Thursday as an emergency buyback of longer-dated debt by the U.S. Treasury helped ease some of the pressure from surging long-term yields.
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20 days ago
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