The Market Online brings you the latest news as the Canadian Markets Open.
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00:00Good morning, happy Wednesday. Here's the latest from the opening bell.
00:07Futures tied to Canada's main stock index edged down Wednesday as markets shrugged off a vague
00:11U.S.-China trade framework that offered little to move the needle. TSX futures dipped by 0.01%
00:18as of 6.30 a.m. ET. The venture also sees a slide and futures at the down the NASDAQ bull
00:23tip slightly into the red this morning. Peeking into some headlines, Ottawa is dragging its feet
00:27on downsizing federal office space, cutting just 2% since 2019, well short of its 50% target by
00:342034. And Canada's Auditor General has warned that Canada's purchase of 88 F-35 fighter jets is now
00:42facing a nearly 50% cost escalation, topping $27.7 billion Canadian, triggering fresh scrutiny from
00:49Ottawa. Over to currency futures where the Canadian dollar stepped down by a tenth of a percent this
00:54morning to 73 cents U.S. also sank against the euro and Bitcoin legs behind by 100 points.
01:00And flipping to commodity futures where copper dolls by over half a percent, gold tips up, WTI stands at
01:06$65 U.S. a barrel, and natural gas surges up by over 2%. That's your Market Open. I'm Lindsay Malchuk.
01:13Make it a great day.