• U.S. tariffs to cost Germans up to 20 billion euros this year: report
    Reutersyesterday

    U.S. tariffs to cost Germans up to 20 billion euros this year: report

    U.S. President Donald Trump's tariffs will lead to a drop in prosperity in Germany this year and are likely to cost Germans up to 20 billion euros ($23.44 billion), the head of German think-tank IMK said. The United States imposed tariffs on EU steel and aluminum on June 1 and Trump is threatening

  • Loonie moves up as inflation ticks higher, TSX ends lower along with U.S. markets
    The Canadian Press2 days ago

    Loonie moves up as inflation ticks higher, TSX ends lower along with U.S. markets

    Stock indexes in Canada and the U.S. closed down Friday on geopolitical tensions, while the loonie surged higher after Statistics Canada said the inflation rate jumped in June. Data from June showed the country's annual inflation rate rose to 2.5 per cent for the month, up from a 2.2 per cent reading

  • U.S. dollar drops, yields rise after Trump comments on Fed policy and tariffs
    Reuters2 days ago

    U.S. dollar drops, yields rise after Trump comments on Fed policy and tariffs

    The U.S. dollar weakened, long term Treasury yields rose and stocks closed mostly lower on Friday after President Donald Trump complained again about the greenback's strength and about Federal Reserve interest rate rises. Wall Street and European stock markets stalled, despite good corporate earnings

  • Baystreet2 days ago

    TSX down 100+

    Equities in Canada’s largest market was subject to losses – heavy ones, in some sectors – as investors ...

  • Baystreet2 days ago

    Stocks down at noon on trade jitters

    Canada's main stock index declined on Friday on escalating worries over U.S.-China trade war after President ...

  • Baystreet2 days ago

    Stocks slump at outset on more trade threats

    Canada's main stock index opened lower on Friday, pressured by losses in financial and industrial stocks, ...

  • Baystreet2 days ago

    Futures static Friday

    Futures for Canada's main stock index were little changed on Friday as investors took in inflation and ...

  • U.S., euro zone growth readings to tell story of divergence
    Reuters2 days ago

    U.S., euro zone growth readings to tell story of divergence

    The U.S. and euro zone economies remain a world apart and growth data due in the coming days will only highlight the widening gap, suggesting that monetary policy will continue to move in opposing directions on the two sides of the Atlantic. U.S. growth likely surged in the second quarter on healthy

  • Firmer U.S. dollar boosts corporate interest in currency hedging
    Reuters2 days ago

    Firmer U.S. dollar boosts corporate interest in currency hedging

    U.S. multinational companies are starting to reevaluate their currency hedging strategies after a surge in the dollar in recent months, as the impact of the stronger greenback starts to show up in second-quarter corporate earnings. A stronger dollar claimed Netflix Inc (:NFLX.O) as its first victim

  • China's yuan falls against dollar, helping exporters
    The Canadian Press2 days ago

    China's yuan falls against dollar, helping exporters

    China's central bank is allowing its tightly controlled currency to drift lower against the dollar, a move that could help Chinese exporters cope with U.S. tariff hikes but also might reignite an outflow of capital Beijing spent months trying to stanch. The slide comes amid a deepening U.S.-Chinese

  • The Canadian Press3 days ago

    Most actively traded companies on the TSX

    Some of the most active companies traded Thursday on the Toronto Stock Exchange:

  • Baystreet3 days ago

    Stocks end higher

    Markets in Toronto ended the day positive on strength in the industrial and tech sectors, The S&P/TSX ...

  • Industrials and tech help lift Toronto market while U.S. stocks sink
    The Canadian Press3 days ago

    Industrials and tech help lift Toronto market while U.S. stocks sink

    TORONTO — The industrials and technology sectors helped Canada's main stock index close higher, while U.S. stock markets moved lower.

  • Germany's Weidmann unfit as ECB next president: Italy's League
    Reuters3 days ago

    Germany's Weidmann unfit as ECB next president: Italy's League

    A top official from Italy's ruling League party voiced opposition on Thursday to German central bank chief Jens Weidmann becoming the next governor of the European Central Bank, saying such an appointment could lead Europe to disintegrate. ECB President Mario Draghi, an Italian, is due to stand

  • Baystreet3 days ago

    Markets hang onto morning gains

    Equities in Canada’s biggest market rose on Thursday, as energy stocks gained from slightly higher oil ...

  • Firmer U.S. dollar boosts corporate interest in currency hedging
    Reuters3 days ago

    Firmer U.S. dollar boosts corporate interest in currency hedging

    U.S. multinational companies are starting to reevaluate their currency hedging strategies after a surge in the dollar in recent months, as the impact of the stronger greenback starts to show up in second-quarter corporate earnings. A stronger dollar claimed Netflix Inc (NasdaqGS:NFLX - News) as its

  • Baystreet3 days ago

    Mixed Start for TSX

    Canada's main stock index opened mixed on Thursday, as energy stocks gained on higher oil prices and ...

  • The pound will relive the record-breaking horrors of Brexit night if Britain leaves the EU without a deal
    Business Insider3 days ago

    The pound will relive the record-breaking horrors of Brexit night if Britain leaves the EU without a deal

    The British pound could fall as much as 8% the day after a no deal Brexit is announced, analysts say. Such a fall would mimic the drop in the pound on the day after Britain voted to leave the EU. "I would anticipate at least a reaction to the extent we saw after the referendum," Thu Lan Nguyen

  • Toronto stock market ticks lower, while U.S. markets mixed; Loonie moves down
    The Canadian Press4 days ago

    Toronto stock market ticks lower, while U.S. markets mixed; Loonie moves down

    Canada's main stock index closed down along with the loonie as the energy and consumer staples sectors lost ground, while U.S. markets were mixed. The modest uptick in most U.S. markets Wednesday was a small part of a continued widening of the performance gap of Canadian and other international

  • World stocks climb to month peak, U.S. dollar hits three-week high
    Reuters4 days ago

    World stocks climb to month peak, U.S. dollar hits three-week high

    Stocks on major world markets climbed to a one-month high on Wednesday after a raft of strong corporate earnings, while the U.S. dollar hit a three-week high against major currencies. Stock markets were also supported by Federal Reserve chairman Jerome Powell reiterating that the U.S. economy was healthy

  • The Canadian Press4 days ago

    Most actively traded companies on the TSX

    Some of the most active companies traded Wednesday on the Toronto Stock Exchange:

  • Baystreet4 days ago

    TSX fades by session’s end

    Equities in Toronto dipped below breakeven by the closing bell on Wednesday, as weakness in consumer ...

  • Baystreet4 days ago

    Oil prices weigh on TSX

    Equities in Canada’s largest market remain in the red by noon on Wednesday, as gains in financials ...

  • Baystreet4 days ago

    Equities flat at Wednesday open

    Canada's main stock index opened flat on Wednesday, following U.S. Federal Reserve Chairman Jerome Powell's ...

  • EU says investment plan has exceeded 315 billion euro target
    Reuters4 days ago

    EU says investment plan has exceeded 315 billion euro target

    A plan to help fund projects across Europe and revive economic growth has exceeded its original financing target and created many hundreds of thousands of jobs, the European Commission said on Wednesday, countering scepticism expressed by EU auditors. The EU executive launched the European Fund for