TSX Opening Bell Bulletin and the Day Ahead, Thursday May 19
Investing.com
Published May 19, 2022 09:53
By Ketki Saxena
Investing.com – At 9:45 a.m in Toronto, the S&P/TSX composite index was at 20,057.30 points, down 0.22% shortly after the opening bell, continuing yesterday’s broad based selloff as worries of an economic slowdown returned to the market, fuelled by concerns of aggressive monetary policy tightening by global central banks.
In Canada, yesterday’s hotter than anticipated inflation data (6.8%) sets the stage for more 50 basis point hikes from the Bank of Canada at its next policy meetings on June 1st and July 13th.
Here’s a snapshot of markets at the open.
Indices:
- S&P/TSX 60: -0.22%
- S&P/TSX Venture Composite: +0.25%
- S&P 500: -0.38%
- Dow Jones: -0.68%
- Nasdaq: +0.15%
- VIX: 2.33%
Key Commodity Futures:
- Crude: -0.38% at $106.64/ barrell
- Natural Gas: -1.37% at $8.253/mmbtu
- Gold: +1.05% at $1834.90/ troy ounce
- Copper: +1.64% at $4.247
- Gold Futures: +1.05% at $1834.90/ troy ounce
- Copper: +1.64% at $4.247
Bonds and Currencies
- Canada 5 year: -0.064 points at 2.776%
- Canada 10 year: -0.068 points at 2.879%
- United States 10-Year -0.076 points at 2.808%
- USD/CAD: -0.67% at 1.2802
Crypto:
- Bitcoin: +0.41% at 29,649.2
- Ethereum: -0.38% at $1,979.78
What to watch on the TSX today: Earnings expected from: Lightspeed Commerce (TSX:LSPD), ATS Automation Tooling Systems Inc. (TSX:ATA), and Canada Goose (TSX:GOOS).
Get The App
Written By: Investing.com
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.