CANADA STOCKS-TSX futures tick up; gold hits fresh record high

Reuters
09/23
CANADA STOCKS-TSX futures tick up; gold hits fresh record high

Sept 23 (Reuters) - Futures tied to Canada's main stock index edged higher on Tuesday, a day after gold miners lifted the TSX to a fresh record high.

Futures for the S&P/TSX index .SXFcv1 added 0.2% to 1,774.40 points by 6:07 a.m. ET (1007 GMT), with the benchmark index .GSPTSE having been on a record rally this year.

Data showed on Monday that prices of raw materials fell 0.6% in August, while producer prices rose 0.5%, driven by higher prices of chemicals as well as meat, fish and poultry.

Meanwhile, Canada's banking regulator said it wants the country's biggest financial institutions to take "smart" risks to expand their lending and that it is open to capital rules adjustments to facilitate that goal.

The Bank of Canada last Wednesday cut its benchmark interest rate by a quarter point, focusing on a weakening labour market and saying it was less worried about underlying inflationary pressures.

Canada's top six banks, which control almost 90% of the market, hold excess capital of about C$70 billion ($50.6 billion) combined, according to Reuters calculations, after meeting the 11.5% requirement.

In corporate news, TD Bank TD.TO named JPMorgan veteran Jon Rasmussen as its U.S. chief compliance officer, according to a memo seen by Reuters.

The Trump administration was re-evaluating Lithium Americas' LAC.TO $2.3 billion loan for the development of a Nevada lithium deposit, a Bloomberg report said. American-listed shares of the company LAC.N dropped almost 4% in premarket trading.

In commodities, gold XAU= hit a fresh record high on bets of further U.S. rate cuts, while copper CMCU3 edged higher on supply concerns. Oil prices LCOc1, CLc1 rose.

($1 = 1.3822 Canadian dollars)

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 Twesha Dikshit; Editing by Shreya Biswas)

((Twesha.Dikshit@thomsonreuters.com;))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

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