For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...
VISIT SHOWROOM
For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...
VISIT SHOWROOM
For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...
VISIT SHOWROOM
For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...
VISIT SHOWROOM
Canada PRE-OPEN Markets are flat as investors monitored tariff-related developments ahead of a surprise visit by U.S. President Donald Trump to the Federal Reserve. U.S. stock index futures were mixed as investors assessed earnings from Alphabet and Tesla. After the closing bell, Intel’s earnings will be in focus. European shares rose ahead of the ECB rate decision later in the day, supported by companies such as Deutsche Bank and Nestle, which reported strong results. In Asia, China and Hong Kong stocks rose on easing U.S.-China tensions as tourism shares gained, while Nikkei rallied on a new trade deal between Tokyo and Washington. The dollar rose against the major currencies, while gold prices fell. Oil climbed on trade optimism.
Canada PRE-OPEN Futures are ticking higher, as investors assessed U.S. President Donald Trump's new tariff proposals for several trading partners and a new deadline for trade deals. European stocks were mixed as traders weighed the implications of Trump's updated tariff proposals, which included new targets and a revised deadline for trade agreements. In Asia, Chinese stocks closed higher amid Beijing’s efforts to curb price wars. Japan’s Nikkei also gained, supported by a weaker yen and optimism after Trump granted an additional three-week grace period for tariff talks. Meanwhile, gold prices slipped, pressured by rising U.S. Treasury yields, while oil prices also declined.
Canada PRE-OPEN Futures are higher, as investors await progress on a free trade deal with Southeast Asian nations as part of an attempt to expand into new markets. Meanwhile, U.S. stock index futures eased, as market participants shifted their focus to the upcoming weekly jobless claims data and key trade negotiations. In Europe, markets rose following signs of progress on the trade deal with the US. Japan's Nikkei slid, snapping a two-day rally, as trade frictions and an upcoming election weighed on investor sentiment. Chinese stocks closed higher as concerns about the country’s economic outlook shifted investor focus to sectors expected to benefit from government policies. Oil declined as traders weighed the impact of tariffs, while gold prices rose on expectations of U.S. interest rate cuts later in the year.
Canada PRE-OPEN Canadian futures are lower tracking losses in global equities following the sour sentiment before the August 1 trade deadline. Wall Street futures edged lower as investors also assessed earnings from top companies. In Asia, Japan's Nikkei ended slightly down, while China and Hong Kong stocks advanced, driven by construction and power firms. Gold prices eased as the U.S. dollar strengthened. Oil prices declined for a third consecutive session. Canadian provinces' boycott of U.S. spirits amid a trade dispute with the United States has caused a sharp drop in sales of American imports, as well as other imported and domestic spirits across the nation, a Canadian liquor trade group said.
Canada PRE-OPEN Futures linked to Canada's main stock index ticked up with investors buying into the dip. U.S. stock index futures edged higher as well, supported by growing expectations of Federal Reserve rate cuts and renewed focus on corporate earnings. European shares also advanced as markets digested a mixed batch of earnings. In Asia, Japan’s Nikkei posted gains as concerns about the U.S. economy receded, prompting investors to continue buying cheap stocks after a heavy sell-off earlier this week. China’s Shanghai Composite closed at a three-and-a-half-year high amid optimism over extended U.S.-China trade truce talks. Meanwhile, currency markets remained subdued, with the U.S. dollar holding within its recent trading range. Oil prices rebounded after four consecutive sessions of declines. Gold prices slipped as Treasury yields inched higher.
Canada PRE-OPEN Canadian Futures are slightly higher, mirroring gains in Wall Street futures, as investor sentiment was lifted by domestic trade updates and U.S. data signaling economic resilience—helping to ease inflationary concerns. The Canadian government highlighted renewed interest in advancing trade talks with Mercosur—a South American bloc comprising Brazil, Argentina, Paraguay, and Uruguay—as part of Ottawa’s effort to diversify trade relationships beyond the United States. In Europe, shares advanced as investors focused on corporate earnings for insights into the impact of U.S. tariff policies on businesses. Japan’s Nikkei slipped from a more than two-week high to end lower, as investors assessed the implications of the nation’s upcoming upper house election over the weekend. Meanwhile, Chinese stocks ended the week higher, supported by investor optimism after Beijing intensified its crackdown on aggressive price competition in the electric vehicle sector. In commodities, oil prices edged higher as investors weighed new European Union sanctions against Russia, while gold posted modest gains.
PRE-OPEN Futures tracking Canada's benchmark index were subdued with investors looking for trade updates and assessing corporate news. Prime Minister Mark Carney announced on Wednesday that the country will introduce steel tariff quotas for countries with which it has free trade agreements, excluding the United States. Meanwhile, Wall Street futures rose as strong earnings from TSMC boosted chipmakers after a volatile session driven by worries over the Federal Reserve’s independence. European shares rose, after four consecutive sessions of losses, supported by strong results from Switzerland's ABB and optimism over a potential U.S. trade deal. In Asia, Chinese shares edged up, buoyed by regulatory support for the auto sector and renewed optimism in AI-related stocks, while Japan's Nikkei recovered from early losses to end with solid gains as weakening yen bolstered sentiment. Additionally, oil prices rose slightly on signs of easing trade tension and renewed risks in the Middle East, while gold, eased pressured by a firmer U.S. dollar.
Canada PRE-OPEN Futures feel after Israel's military strike on Iran escalated tensions in the oil-rich Middle East and battered risk sentiment across global markets. Wall Street futures dropped. European shares touched their lowest level in three weeks. Japan's Nikkei and Chinese stocks slipped as well. The U.S. dollar rallied, as investors rushed back into the currency in their search for safe-haven assets, including gold, on rising Middle East tensions. Oil prices jumped, trading near multi-month highs, on worries about disrupted crude supplies. Statistics Canada is scheduled to report that factory sales likely fell by 2.0% in April, following a 1.4% decline in March. Meanwhile, wholesale trade is expected to have decreased by 0.9% in April, after rising 0.2% in March. Capacity utilization likely remained unchanged at 79.8% in the first quarter of 2025, matching the level recorded in the fourth quarter of 2024.
Canada PRE-OPEN Futures fell after Trump intensified his stance on Canada by threatening a 35% tariff starting next month. U.S. stock index futures too fell after Trump's fresh trade threats included a blanket 15% or 20% tariff on other countries. European shares declined as investors awaited a potential letter outlining levies on the 27-nation bloc, following Trump's escalated threats on trade with Europe. Chinese stocks closed flat, weighed by a decline in bank shares. Japan's Nikkei also gave up earlier gains to close lower, as sharp losses in retail-led technology stocks erased the advances. In the commodity market, oil stabilized as investors assessed a weaker market outlook following a report by the International Energy Agency suggesting the same. Meanwhile, gold prices rose for a third consecutive session, supported by safe-haven appeal.
Canada PRE-OPEN Futures tic higher as investors awaited domestic and U.S. inflation data. Spotlight will be on Canadian consumer price index data for June, which could guide expectations for the Bank of Canada's interest rate decision at the end of the month. Futures linked to major U.S. stock indexes also edged higher as market participants geared up for the kickoff of the second-quarter earnings season, with major Wall Street lenders reporting and inflation data expected to influence investor expectations around how soon the Federal Reserve may cut interest rates. European shares edged up as sentiment improved after President Donald Trump signaled willingness to negotiate tariffs with the European Union, while focus shifted to corporate earnings. In Asia, Japan’s Nikkei closed higher, driven by a rally in chip stocks after Nvidia revealed plans to resume AI chip sales in China. Meanwhile, Chinese stocks struggled for direction before closing flat amid slower second-quarter economic growth, while Hong Kong stocks closed higher on a tech rally. In commodities, oil prices fell modestly while gold rose slightly.
Canada PRE-OPEN Futures North & South of the Border edged higher as market participants navigated developments surrounding Trump's aggressive tariff moves and also kept a close watch on negotiations with global trade partners. In Europe, equities posted modest gains, supported by strength in defense stocks, as market participants awaited progress on a potential trade agreement with the United States. Meanwhile, Chinese markets closed lower on concerns over deepening factory deflation, with recent data showing firms slashing prices in response to subdued demand. Japan’s Nikkei reversed early gains to end flat, as investors locked in profits from chip-related stocks. In commodities, oil prices rose following renewed geopolitical tensions in the Red Sea, while gold extended its decline to a more than one-week low.
Canada PRE-OPEN Futures point to a higher open for markets as investors welcomed the trade agreement between U.S. and Japan. Automakers led a broad rally in European and Japanese equities. In China and Hong Kong, easing Sino-U.S. trade tensions supported shares to rise. In the currency market, yen traded choppily against the U.S. dollar. Gold prices fell, while oil prices were steady. A court in Mali on Tuesday rejected an appeal by Barrick Mining to release four employees arrested last November, judge Samba Sarr said, the latest development in a long-running standoff between the Canadian firm and the Mali government over taxes and ownership of mining operations in the country.
Canada PRE OPEN Canadian futures are higher after Trump pushed back the tariff deadline to August 1. U.S. index futures fell as investors looked out for any trade-related headlines as uncertainties persisted, that also impacted stocks around the world. European shares were muted and Chinese and Japanese stocks closed lower. Meanwhile, oil prices rose as a tight physical oil market offset the pressure of a larger than expected OPEC+ output hike. A stronger U.S. dollar pushed gold prices down. Canada's services economy contracted at a steeper pace in June as uncertainty generated by U.S. trade policy depressed activity and cost pressures increased, S&P Global's Canada services PMI data showed.
Canada PRE-OPEN Futures are moving higher, mirroring gains on Wall Street, as easing oil prices helped lift market sentiment despite ongoing tensions between Iran and Israel. European shares also moved higher. In Asia, Japan’s Nikkei ended the session in positive territory, driven by a sharp rally in chipmaker Advantest after a brokerage raised its target price. Meanwhile, Chinese equities advanced, supported by strength in technology and real estate stocks. The U.S. dollar weakened as investors closely monitored the Israel-Iran conflict for signs of broader regional escalation. Gold prices declined. Canada and the United Kingdom agreed on Sunday to set up a trade working group which will submit its recommendations to the prime ministers of the respective countries within the next six months, a joint statement by the two governments said.
Canada PRE-OPEN Futures are higher, mirroring gains in Wall Street, as investors awaited the Federal Reserve’s policy decision and closely monitored escalating tensions between Israel and Iran. European markets traded mixed. In Asia, Japan’s Nikkei closed higher, supported by a weaker yen, while Chinese shares dipped after senior financial regulators offered little new policy guidance at the opening of the annual Lujiazui Forum. The U.S. dollar softened against the Swiss franc as heightened geopolitical risks drove investors toward safe-haven assets. Oil prices declined as markets weighed the potential for supply disruptions amid the Iran-Israel conflict and the prospect of U.S. involvement. Gold prices also slipped. While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil tanker rates are providing a good real-time gauge of the escalating risks.
Canada PRE-OPEN Global markets are mixed as investors assessed a flurry of economic data, central bank decisions, and trade talks ahead of U.S. President Donald Trump’s August 1 tariff deadline. Futures tied to Canada's main stock index and U.S. stock indexes climbed, with the S&P 500 and Nasdaq boosted by strong earnings from Meta and Microsoft. European shares edged higher, helped by upbeat results from Safran and Rolls-Royce. In Asia, Japanese stocks gained after the Bank of Japan held rates steady, while Chinese stocks dropped sharply on weak factory data and a lack of stimulus signals. The U.S. dollar index was on track for its first monthly gain of 2025. Oil prices held steady. Gold prices were trading higher on renewed safe-haven demand amid fresh tariff tensions. Investors now wait for the May GDP data and earnings from Apple later in the day.
PRE-OPEN Futures are again higher as investors looked for tariff negotiations between U.S. and its trading partners with focus on the Bank of Canada's interest rate decision that comes later in the day. The Canadian central bank is largely expected to keep rates steady. U.S. stock index futures edged higher, lifted by tech shares that rose on AI optimism, while investors awaited services PMI numbers and ADP national employment data to gauge the extent of economic toll from President Donald Trump's tariffs. Meanwhile, European shares were higher with Germany's benchmark index DAX hitting a record high after the country’s cabinet approved a 46-billion-euro corporate tax relief package to boost economic growth. Japan’s Nikkei closed higher on hopes of positive trade negotiations between the U.S. and its trading partners. Separately, oil prices inched up amid fears of supply pressures due to Canadian wildfires. Gold prices were little changed after initially rising on a weaker U.S. dollar.
Canada PRE-OPEN Futures slipped reflecting cautious sentiment ahead of the August 1 tariff deadline and key central bank decisions. Wall Street futures held steady as investors took a breather following record closes for the S&P 500 and Nasdaq in the previous session, amid negotiations between the U.S. and its trading partners. Meanwhile, equities in Europe and Japan declined after recent gains. The U.S. dollar was down. In commodities, gold prices slipped, while oil was slightly higher.
Canada PRE-OPEN Futures are higher boosted by higher chance of the U.S. Federal Reserve cutting interest rates in September. Wall Street futures edged higher as investors assessed major corporate earnings. European shares advanced, lifted by upbeat results from Diageo and DHL. Asian markets mirrored global gains, with Japan’s Nikkei ticking up and Chinese and Hong Kong stocks rebounding on signs of a recovery in services activity. The U.S. dollar inched higher but remained near recent lows. Oil prices slipped as OPEC+ increased output, while gold hovered near a two-week high amid softer yields.
Canada PRE-OPEN Canadian futures are lower amid growing caution over the potential involvement of the United States in the Israel-Iran conflict, while a warning from the Federal Reserve about inflation further unsettled investors. Wall Street will remain closed due to the Juneteenth holiday. European stocks, Japan’s Nikkei, and markets in China and Hong Kong all retreated, triggering a broad-based sectoral selloff. The U.S. dollar held steady, while oil prices rose on heightened fears of a wider Middle East conflict. Spot gold edged higher. Investors now await Canadian retail sales data for April, due Friday, to gauge the resilience of consumer spending amid ongoing tariff uncertainty. A cautious Federal Reserve has put a damper on hopes for interest rate cuts, leaving investors on edge as they navigate a murky mix of geopolitical tensions, inflation risks, and looming growth drag from U.S. President Donald Trump's tariffs. The national statistical office is expected to report that retail sales grew by 0.5% in April, following a 0.8% increase in March. Retail sales excluding automobiles likely climbed 0.2% in April after having slid 0.7% in March. Meanwhile, producer prices have likely declined 0.1% in May after dropping 0.8% in the month before.
PRE-OPEN Futures are again higher as investors looked for tariff negotiations between U.S. and its trading partners with focus on the Bank of Canada's interest rate decision that comes later in the day. The Canadian central bank is largely expected to keep rates steady. U.S. stock index futures edged higher, lifted by tech shares that rose on AI optimism, while investors awaited services PMI numbers and ADP national employment data to gauge the extent of economic toll from President Donald Trump's tariffs. Meanwhile, European shares were higher with Germany's benchmark index DAX hitting a record high after the country’s cabinet approved a 46-billion-euro corporate tax relief package to boost economic growth. Japan’s Nikkei closed higher on hopes of positive trade negotiations between the U.S. and its trading partners. Separately, oil prices inched up amid fears of supply pressures due to Canadian wildfires. Gold prices were little changed after initially rising on a weaker U.S. dollar.
