financetom
World
financetom
/
World
/
CANADA STOCKS-TSX futures tick higher as investors await tariff updates
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
CANADA STOCKS-TSX futures tick higher as investors await tariff updates
Jul 9, 2025 3:51 AM

July 9 (Reuters) - Futures linked to Canada's main stock

index edged higher on Wednesday with investors on the lookout

for trade and tariff updates.

Futures on Toronto's S&P/TSX index were up 0.1% by

06:03 a.m. ET (1003 GMT).

U.S. President Donald Trump announced steep copper tariffs

on Tuesday while threatening levies on semiconductors and

pharmaceuticals, broadening his trade war.

Trump has also postponed the deadline for tariff deals to

August 1, a date he called final, declaring there would be "no

more extensions."

Meanwhile, carmaker Nissan Motor ( NSANF ) halted production

of three models for Canada at its Tennessee and Mississippi

plants amid mutual tariffs imposed by the U.S. and Canada on

auto exports.

Safe haven gold hit over one-week low on a firmer

U.S. dollar. Oil prices edged higher after

shipping attacks in the Red Sea.

In company news, The Globe and Mail reported that asset

manager Blackstone and U.S. equity funds were in talks to buy

H&R assets with an activist investor pressuring the

real estate investment trust to sell.

The benchmark S&P/TSX composite index fell for a

second straight day on Tuesday with gold prices weighing on

metal shares while investors assessed tariffs on copper imports.

FOR CANADIAN MARKETS NEWS, CLICK ON CODES:

TSX market report

Canadian dollar and bonds report

Reuters global stocks poll for Canada

Canadian markets directory

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
China yuan falls to four-month low, state banks step in
China yuan falls to four-month low, state banks step in
Mar 21, 2024
(Updates to midday) SHANGHAI, March 22 (Reuters) - China's yuan declined to a four-month low against the dollar on Friday, breaching a key threshold and prompting state-owned banks to step in to defend the currency. In the spot market, the onshore yuan fell to the weak side of the psychologically important 7.2 per dollar level to hit a low of...
GLOBAL MARKETS-China gloom sucks life out of Asia's rate cut cheer
GLOBAL MARKETS-China gloom sucks life out of Asia's rate cut cheer
Mar 21, 2024
(Recasts to lead on Chinese markets, updates prices) By Rae Wee SINGAPORE, March 22 (Reuters) - Chinese stocks were a sea of red on Friday and the yuan fell sharply, dragging down the broader mood in Asia and putting a dent in the rate cut rally after a surprise move from the Swiss National Bank had investors wagering on who...
Asia shares on a roll as SNB kicks off rate cuts
Asia shares on a roll as SNB kicks off rate cuts
Mar 21, 2024
SINGAPORE (Reuters) - Asian stocks were near a weekly gain on Friday and the Nikkei charged to a record high, riding a rally from its global counterparts after a surprise rate cut from the Swiss National Bank had investors wagering who could be next. The SNB's 25 basis point rate cut on Thursday proved a shot in the arm for...
GLOBAL MARKETS-Asia shares on a roll as SNB kicks off rate cuts
GLOBAL MARKETS-Asia shares on a roll as SNB kicks off rate cuts
Mar 21, 2024
SINGAPORE, March 22 (Reuters) - Asian stocks were near a weekly gain on Friday and the Nikkei charged to a record high, riding a rally from its global counterparts after a surprise rate cut from the Swiss National Bank had investors wagering who could be next. The SNB's 25 basis point rate cut on Thursday proved a shot in the...
Copyright 2023-2025 - www.financetom.com All Rights Reserved