Wall Street futures were steady early this morning as traders await the Federal Reserves next rate decision later in the week and weigh the latest developments in the U.S. banking sector. TSX futures were flat. What else investors need to know today:
Wall Street futures were steady early Monday as traders await the Federal Reserves next rate decision later in the week and weigh the latest developments in the U.S. banking sector. TSX futures were flat.
“But note that a 25-basis-point hike from the Fed will likely have the impact of a bigger hike if the credit conditions in the U.S. continue tightening because of the ongoing stress in U.S. regional banks,” she said. “Good news is that the U.S. futures don’t seem to be under pressure at the time of writing,” Ms. Ozkardeskaya said. “The FRC drama, and the inevitable outcome, has seemingly been broadly priced in by now.”
The day range on Brent was US$80.33 to US$78.58 in the early premarket period. The range on West Texas Intermediate was US$76.78 to US$75.01. Meanwhile, China’s manufacturing purchasing managers’ index declined to 49.2 from 51.9 in March, slipping below the 50-point mark that separates expansion and contraction in activity on a monthly basis, Reuters reported.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Three Mexicans caught trying to get into U.S. on Canadian freight trainThree Mexican men who attempted to enter the U.S. on a freight train from Canada were caught by U.S. Border Patrol agents on April 26.
Read more »
Conrad Black says he's regained the Canadian citizenship he renounced in 2001Conrad Black says he has regained his Canadian citizenship, more than 20 years after he renounced it following a well\u002Dpublicized fight with then\u002Dprime minister…
Read more »
Conrad Black says he's regained Canadian citizenship he renounced in 2001Conrad Black says his Canadian citizenship has been restored more than 20 years after he renounced it.
Read more »
Canadian Tesla Model Y SUVs to be imported from China: sourceThe new rear\u002Dwheel\u002Ddrive Canadian\u002Dmarket EV will be $10,000 cheaper, qualifying it for federal green\u002Dcar incentives
Read more »
Canadian Tesla Model Y SUVs to be imported from China: sourceThe new rear\u002Dwheel\u002Ddrive Canadian\u002Dmarket EV will be $10,000 cheaper, qualifying it for federal green\u002Dcar incentives
Read more »