CANADA STOCKS-TSX futures rise on US-Japan trade deal

Reuters
07-23
CANADA STOCKS-TSX futures rise on US-Japan trade deal

July 23 (Reuters) - Futures tied to Canada's benchmark index rose on Wednesday, after U.S. President Donald Trump revived hopes for deals with its trading partners following an agreement with Japan.

Futures on the S&P/TSX index SXFcv1 were up 0.5% at 1,637.1 points by 06:20 a.m. ET (1020 GMT).

Trump struck a trade deal with Japan, lowering tariffs on auto imports and sparing Tokyo from punishing new levies on other goods, in exchange for a $550 billion package of U.S.-bound investment and loans.

Meanwhile, prospects of an EU-U.S. trade agreement improved after Trump said on Tuesday that EU representatives would come for trade negotiations on Wednesday.

The news lifted market sentiment and sparked hopes of more U.S. agreements before the August 1 tariff deadline.

In commodities, gold prices fell and oil prices were steady. Copper prices touched their highest in over two weeks.

In corporate news, Zara founder Amancio Ortega's investment vehicle Pontegadea Inversiones has agreed to acquire a 49% stake in PD Ports from Brookfield Asset Management BAM.TO.

In the U.S., Alphabet GOOGL.O and Tesla TSLA.O will kick off the results season for the "Magnificent Seven" stocks later in the day.

Canada's main stock index rose on Tuesday, led by mining shares.

FOR CANADIAN MARKETS NEWS, CLICK ON CODES:

TSX market report .TO

Canadian dollar and bonds report CAD/ CA/

Reuters global stocks poll for Canada EQUITYPOLL1, EPOLL/CA

Canadian markets directory CANADA

(Reporting by Sanchayaita Roy; Editing by Sahal Muhammed)

((Sanchayaita.Roy@thomsonreuters.com;))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10