- Baystreet•2 days ago
TSX Rolls On
Toronto stocks ran their win streak to 11 on Friday, with the index forging out gains that held on until ...
Reuters•2 days agoCanadian dollar weakens as BoC rate hike bets ebb on cooler inflation
The Canadian dollar weakened against its U.S. counterpart on Friday after weaker-than-expected domestic inflation dampened prospects of another Bank of Canada interest rate hike as early as this month. Canada's annual inflation rate cooled modestly to 2.2 percent in April, short of economist expectations
- Baystreet•2 days ago
Stocks Static by Noon
Canada's main stock index was trading flat on Friday as a rise in health-care stocks offset a drop in ...
Reuters•2 days agoDollar climbs to five-month peak as euro falls on Italy worries
The dollar rose to a five-month high against a basket of major currencies on Friday, helped by weakness in the euro as investors fretted about political uncertainty in Italy. The dollar index has gained for five straight sessions and is on track for a 1.3 percent weekly gain. The euro on Friday was
- Baystreet•2 days ago
Stocks Flat at Outset
Canada's main stock index opened lower on Friday weighed by losses in consumer staples stocks on fresh ...
Reuters•2 days agoApple pays Ireland first tranche of disputed taxes
Apple has paid 1.5 billion euros ($1.76 billion) into an escrow account set up by the Irish government to hold 13 billion euros in disputed taxes, Finance Minister Paschal Donohoe said on Friday. The European Commission ordered Apple in August 2016 to pay the taxes it ruled it had received as illegal
- Business Insider•2 days ago
The Canadian dollar is getting whacked by a trifecta of bad news
The Canadian dollar was down more than 0.75% against the dollar Friday. It weakened following a trifecta of news that tends to be negative for the Canadian dollar. The country's retail sales jumped the most in five months in March, Statistics Canada data showed Friday, but the rise was driven by
Reuters•3 days agoEuro headed for fifth successive weekly decline as Italy concerns persist
The euro was headed on Friday for its fifth successive weekly decline versus the dollar, in what would be a first for the currency since 2015, as political uncertainty in Italy continued to worry investors. The euro has slumped six cents from more than $1.24 in the space of three weeks after a huge
- The Canadian Press•3 days ago
Energy stocks push up main Toronto stock index, loonie rises, U.S. stocks down
Canada's main stock index closed up Thursday for a tenth straight day of gains as the TSX once again outperformed its U.S. counterparts. The improved performance of the TSX, which is up about 500 points in the stretch, comes as energy stocks gain ground, said Candice Bangsund, vice president and
Reuters•3 days agoCanadian dollar retreats from near 1-week high ahead of inflation data
The Canadian dollar edged lower against its U.S. counterpart on Thursday, pulling back from a near one-week high as investors turned attention to domestic inflation and retail sales data due on Friday. "We haven't done anything too significant here," said Amo Sahota, director at Klarity
- Baystreet•3 days ago
TSX Manages More Gains
Canada's main stock index gained for the 10th straight session Thursday, led by the energy sector as ...
- Reuters•3 days ago
Dollar hits 4-month high vs yen as U.S. Treasury yields rise
The dollar climbed to a four-month peak against the yen on Thursday, bolstered by the rise in U.S. Treasury yields that suggests a more upbeat outlook for the world's largest economy. U.S. benchmark 10-year ...
- Baystreet•3 days ago
TSX Aims to Keep Streak Alive
Canada's main stock index rose on Thursday, gaining for the 10th straight session, led by the energy ...
- Baystreet•3 days ago
TSX Climbs at Open
Canada's main stock index opened higher on Thursday, as energy shares gained after oil prices hit their ...
- MarketWatch•4 days ago
Pound surges on customs union report; dollar hovers at 2018 highs
The British pound climbed against the dollar Thursday after a report the U.K. government plans to stay in the customs union beyond 2021, while the greenback slightly ease against major rivals but still hovered at highs for 2018. The ICE U.S. Dollar Index (IFUS:DX-Y.NYB) was down 0.2% at 93.191, holding
- Baystreet•4 days ago
TSX Ekes Out Small Gains
Markets in Toronto held their own Wednesday, as gains in material stocks overrode losses in utilities ...
Reuters•4 days agoCanadian dollar strengthens, boosted by factory sales gain
The Canadian dollar strengthened against its U.S. counterpart on Wednesday as domestic data showed stronger-than-expected growth in manufacturing sales and the Trump administration said it was pushing for a deal on a revamped NAFTA. Canadian factory sales rose 1.4 percent in March, surpassing the 1.2
- Baystreet•4 days ago
Stocks Flat by Noon
Canada's main stock index was little changed on Wednesday as gains in materials and industrials sectors ...
- Baystreet•4 days ago
Stocks Drag with Energy Prices
Equities in Canada’s largest centre opened lower on Wednesday as a drop in oil prices weighed on energy ...
- Baystreet•4 days ago
Futures Up Slightly on Mfg. Data
Canada's main stock index futures were slightly higher on Wednesday on word of manufacturing sales data ...
Reuters•5 days agoCanadian dollar hits six-day low vs greenback amid NAFTA deadline doubts
The Canadian dollar hit a nearly one-week low against its U.S. counterpart on Tuesday as the greenback broadly rose and investors weighed prospects of a deadline being met for a new trade pact between Canada, the United States and Mexico. Mexico's economy minister said he saw diminishing chances
- The Canadian Press•5 days ago
Toronto's main stock index closes up slightly, U.S. markets and loonie dip
"It's another day where the TSX is outperforming U.S. indices, and that has not been the case over the last one, three, five, and 10 year periods," said Craig Jerusalim, portfolio manager of Canadian equities at CIBC Asset Management. The shift is an inflection point that could set up
- The Canadian Press•5 days ago
Most actively traded companies on the TSX
Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
- Baystreet•5 days ago
TSX Finishes Flat
Canada's main stock index teetered along the flat line on Tuesday, as chances of a North American Free ...
Reuters•5 days agoDollar hits 2018 peak, supported by yields, retail sales data
The U.S. dollar rallied against a basket of major currencies on Tuesday to its highest since December, helped by a rise in U.S. Treasury yields and as data showed U.S. retail sales increased moderately in April. "The resurgent tone for the U.S. dollar is largely due to, number one, the move higher
