The Market Online brings you the latest news as the Canadian Markets Open.
Category
🗞
NewsTranscript
00:00Good morning, happy Monday. Here's your market open update for Monday, May 5th.
00:08Canadian equity futures slid Monday, tracking Wall Street's pullback after fresh tariff threats from U.S. President Donald Trump rattled investors.
00:15Futures of the TSX index were down 0.4% as of 6.20 Eastern Time.
00:19The venture hangs on to last week's 10-point gain, and futures of the Dow in the Nasdaq are both up over 1%.
00:24Flipping to headlines, the premiers of Canada's three territories say the country's push to remove internal trade barriers need to consider the unique economic situation of the North.
00:34And BHP Group's joint venture partner with London Mining declared that the company's Filo del Sol project in South America to be the largest discovery of copper in three decades.
00:44Let's head over to currency futures, where the Canadian dollar is up on the greenback sitting at 72 cents U.S., deletes over a quarter percent against the euro, and Bitcoin hands back one and a quarter percent as well.
00:55Finishing with commodity futures, where copper tips up, gold's down close to one percent, WTI gains close to two percent, holding at $57 U.S. a barrel, and natural gas takes a big leap forward by nine percent.
01:07And that's your Market Open. I'm Lindsay Melchick. We'll see you for the Midday Highlight Story.