The Market Online brings you the latest news as the Canadian Markets Open.
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00:00Good morning, happy Friday, here's your market open update.
00:07Canadian Equity Index futures advanced Friday lifted by momentum from the newly inked US-UK
00:11trade agreement as investors turned their focus to an upcoming US-China meeting that could prove
00:16pivotal for global trade sentiment. The TSX futures were up 0.4% as of 6am ET, the venture
00:22sitting with an 11-point gain, and futures of the Dow and the Nasdaq both on the rise to kick
00:26off the morning. Some quick headlines with the newly signed deal between US and UK. Trump
00:31announced the general terms agreement leaves in place a 10% tariff on goods imported from the UK
00:36that lowers prohibitive US duties on UK car exports. And Delta Air, along with Korean Air, will acquire
00:43a combined 25% stake in Canada's WestJet for $550 million from private equity firm Onyx Corp.
00:50Over to currency futures, where the Canadian dollar is currently holding at 71 cents US,
00:53also down against the euro, and Bitcoin catches another 4,800 points.
00:58Finishing with commodity futures, where copper is on the decline, gold adds on close to 1%,
01:02WTI moves up 2% to $61 US a barrel, and natural gas also glows green by over 1% this morning.
01:10That's your market open. I'm Lindsay Melchuk. Have a great Friday.