TSX futures down as global sentiment sours -Breaking
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© Reuters. On Bay Street, Toronto, Ontario Canada, January 23, 2019, you can see the Art Deco façade of Toronto’s original Toronto Stock Exchange Building. REUTERS/Chris Helgren(Reuters) – Futures for Canada’s major stock index dropped Monday due to a deteriorating risk sentiment in global equities after warnings from Russia that Russia could invade Ukraine anytime.
March futures on the S&P/TSX index were down 0.7% at 06:53 a.m. ET.
Toronto Stock Exchange The composite index was 0.1% higher on Friday at 21,548.84, marking its third weekly improvement. ()
Russia could invade Ukraine at any moment and may create a surprise pretext to an attack. This was the US’s statement on Sunday. It also reiterated its commitment to “every inch” NATO territory.
They were down 215 points or 0.62% at 6:53 am. ET were down 31 point, or 0.7%. They were also down 129 point, or 0.91%. [.N]
TOP STORIES [TOP/CAN]
Canada’s military personnel based in Ukraine has been temporarily relocated to an unknown destination in Europe by the Canadian defense ministry. The move was made because Western countries worry that Russia might invade Ukraine.
The exodus of youth from Canada’s major cities due to a pandemic has led to a reduction in the core workforce. Experts warn that this could cause wage inflation.
HIGHLIGHTS ON ANALYST REsearch [RCH/CA]
Constellation software: National Bank of Canada, (OTC) ups PT from C$2,100 to C$2,350
Telus (NYSE) Corp. JP Morgan elevates Telus to “overweight” and “neutral”.
Toromont Industries Ltd. TD Securities raises the target price for Toromont Industries Ltd to C$125, from C$120
COMMODITIES AT 7:00 a.m. ET
: $1855.9; +0.8% [GOL/]
US crude oil: $92.8, -0.27% [O/R]
: $94.11; -0.25% [O/R]
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