The Market Online brings you the latest news as the Canadian Markets Open.
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00:00Good morning, happy Friday, here is your market open update.
00:06Futures tied to Canada's main stock index hovered near the flatline Friday as investors
00:10took a cautious stance ahead of GDP data and digested commodity sector dips.
00:14The TSX index was up 0.07 at 6.15 Eastern Time.
00:18The venture sits with a 5-point loss from yesterday and futures of the Dow and the Nasdaq
00:22both delete close to 0.5%.
00:24A couple of quick headlines.
00:26Canada's economy posted a stronger-than-expected 0.5% gain in Q1, powered by a burst in exports
00:31as U.S. buyers rushed to beat looming tariffs from President Donald Trump.
00:36And Rio Can-Reed has filed a court application to place its joint venture with Hudson's Bay
00:40into receivership, seeking to protect stakeholder interests and maximize value after the retailer's
00:45credit protection filing.
00:47Order currency futures with the loony in the green this morning, holding at 72 cents U.S.,
00:52up against the euro, and Bitcoin gives back over 2% this morning.
00:57And finishing with commodity futures where it's red across the board.
01:00Copper is down close to a quarter percent.
01:02Gold loses close to half a percent.
01:04WTI falls to $60 U.S.
01:06A barrel and natural gas leaves behind over 1% this morning.
01:09That's your market open.
01:10I'm Lindsay Melchuk.
01:11Have a beautiful Friday.
01:13I'm Lindsay Melchuk.
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01:36I'm Lindsay Melchuk.