TSX Headed For Flat To Slightly Lower Start

TSX Headed For Flat To Slightly Lower Start
Sliding commodity prices and weakness in Asian and European markets point to a flat to negative start for Canadian stocks on Wednesday. Also, with the Federal Reserve set to release its monetary policy later in the day and the Bank of England’s policy due tomorrow, investors are likely to tread cautiously. It is widely expected that the Fed will hold... Read More

Technology, Materials Stocks Drag TSX Lower

Technology, Materials Stocks Drag TSX Lower
Bay Street ended lower on Wednesday, with mostly weak global stock markets amid renewed worries about U.S.-China trade war and some disappointing economic data forcing investors to refrain from making significant moves. Falling crude oil prices and sluggish gold too contributed to market’s weakness. Materials, technology and healthcare stocks drifted lower. Energy and consumer staples stocks too were mostly weak.... Read More

Gold Edges Higher Ahead Of Fed Policy

Gold Edges Higher Ahead Of Fed Policy
After edging lower over the past three sessions, gold rebounded after a weak start on Tuesday, even as the dollar strengthened against most major currencies ahead of the Federal Reserve’s monetary policy statement. However, with chances of a rate hike not high this month, the dollar’s rise remained less pronounced. Markets look ahead to Fed’s statement for clues about future... Read More

Wall Street Poised To Open Moderately Higher

Wall Street Poised To Open Moderately Higher
Earlier signs from the U.S. Futures Index point to a moderately higher opening for Wall Street on Tuesday. The investors are keen to hear the Federal Reserve’s monetary policy announcements on Wednesday. On Thursday, the Bank of England shall announce changes in rates. Apple earnings news and the launch of new iphones are highly awaited across the globe. Asian shares... Read More

TSX Fails To Hold Early Gains, Ends Modestly Lower

TSX Fails To Hold Early Gains, Ends Modestly Lower
After opening on a bright note on positive lead from global markets, Canadian stocks lost their way midway through the session and eventually ended on a negative note on Tuesday. Losses in information technology, healthcare, consumer staples, consumer discretionary and industrials sections dragged the market down into negative territory. Materials stocks edged higher, while energy, telecom and financialstocks ended mixed.... Read More

TSX Ends Modestly Higher

TSX Ends Modestly Higher
The Canadian stock market ended modestly higher on Wednesday, with investors indulging in some brisk buying towards the end of the session, amid hopes the meeting between the U.S. President Donald Trump and European Union Commission President Jean-Claude Juncker will yield a positive outcome with regards to trade. Crude oil’s rise and the yellow metal’s positive close too aided sentiment.... Read More

Canadian Stocks Look Headed For Subdued Start

Canadian Stocks Look Headed For Subdued Start
Canadian stocks are likely to open on a slightly subdued note on Wednesday, tracking global cues. Investors will also be tracking quarterly results for direction. The mood in Asian and European markets was cautious with investors looking ahead to a meeting between U.S. President Donald Trump and European Commission President Jean-Claude Juncker at the White House this afternoon, and it... Read More