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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.
RTTNews | 20 days ago
FTSE 100 Retreats On JD Sports Slump, Oil Price Surge

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.
RTTNews | 20 days ago
Commodity Currencies Rise Amid Higher Oil Prices

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.
RTTNews | 20 days ago
Geopolitical Tensions Push French Stocks Lower For 8th Day

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.
RTTNews | 20 days ago
DAX Drops Amid Oil Rally And Producer Price Inflation Surge

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.
RTTNews | 20 days ago
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Gold Prices Slide After Scaling Over Two-month Peak

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.
RTTNews | 20 days ago

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