financetom
World
financetom
/
World
/
CANADA STOCKS-TSX opens higher on softer inflation print
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
CANADA STOCKS-TSX opens higher on softer inflation print
May 21, 2024 7:01 AM

May 21 (Reuters) - Canada's main stock index opened

higher on Tuesday, as investors cheered slowdown in country's

annual inflation rate to a three-year low that boosted bets for

a June interest rate cut, while the energy shares fell tracking

lower crude prices.

At 9:35 a.m. ET (13:35 GMT), the Toronto Stock Exchange's

S&P/TSX composite index was up 11.42 points, or 0.05%,

at 22,476.79.

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 >
GLOBAL MARKETS-Asian shares end the week with a whimper, yen back to intervention watch
GLOBAL MARKETS-Asian shares end the week with a whimper, yen back to intervention watch
Jun 20, 2024
(Updates prices as of 0530 GMT) By Stella Qiu SYDNEY, June 21 (Reuters) - Asian shares are ending the week with a whimper after a recent rally to 26-month highs drew profit-taking, while the relentless strength in the U.S. dollar pushed the Japanese yen towards the intervention zone. Europe is set for a flat open, having bounced a day earlier...
Euro zone government bond yields edge down ahead of PMI data
Euro zone government bond yields edge down ahead of PMI data
Jun 21, 2024
June 21 (Reuters) - Euro zone government bond yields edged down ahead of French, German and euro area PMI data on Friday, with the French debt risk premium not far from its highest levels since 2017. Bund yields were on track for a weekly rise as hopes that France's National Rally will backtrack on fiscally expensive pledges, avoiding the risks...
GRAPHIC-Take Five: It's all about the data
GRAPHIC-Take Five: It's all about the data
Jun 20, 2024
LONDON, June 21 (Reuters) - For markets trying to assess how quickly interest rate moves are likely to come, it's all about the data. That puts a closely watched U.S. inflation gauge, Tokyo's CPI index and preliminary June data from some euro zone economies in the spotlight. Central bank meetings in emerging markets and the run-up to elections in Britain...
Japan's Nikkei closes lower as tech shares drag; value stocks up
Japan's Nikkei closes lower as tech shares drag; value stocks up
Jun 21, 2024
(Updates at 0600 GMT) TOKYO, June 21 (Reuters) - Japan's Nikkei share average closed slightly lower on Friday as losses in technology shares overshadowed gains in value stocks amid a weak yen and higher yields. The Nikkei slipped 0.09% to 38,596.47 after three straight sessions of gains. However, it fell 0.49% for the week. Investors sold stocks that had been...
Copyright 2023-2026 - www.financetom.com All Rights Reserved