27-05-2025
- Business
- The Market Online
Futures Rally on Tariff Delay Boost
Canadian index futures jumped Tuesday, riding a global equity rally after U.S. President Donald Trump hit pause on planned tariffs targeting EU imports, easing investor jitters and fueling risk appetite.
Market Numbers (Futures)
TSX :Up ( 0.80%) 26,281.58TSXV: Up (1.62%) 697.77DOW: Up (1.39%) 42,252.00NASDAQ: Up (1.59%) 21,305.75
FTSE: Up (0.80%) 8,787.37
In the Headlines:
Four ex-Volkswagen execs have been convicted of fraud over the Dieselgate scandal, nearly a decade after the emissions cheating came to light. Jail time and suspended sentences mark a sharp turn in one of auto's biggest corporate scandals.
And,The OECD flags Canada's economic growth at risk, calling out weak productivity and sky-high housing prices as major hurdles. Against a backdrop of trade uncertainty and punishing U.S. tariffs, the country faces mounting pressure to act fast.
Currencies Update: (Futures)
The Canadian dollar faded by 0.22% to $0.7247 U.S., still increasing by 0.11% to $0.6405 to the Euro, and Bitcoin sheds 0.15% to $150,891.30.
Commodities: (Futures)
Natural Gas: Up (11.73%), 3.72WTI: Down (0.51%), 61.19Gold: Down (1.52%), 3,291.90
Copper: Up (0.92%) 6.01
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