Equities<\/p>\n
Global markets were mixed amid the continued impasse in the Middle East as Iran warned U.S. forces not to enter<\/a> the Strait of Hormuz after President Donald Trump\u2019s offer to \u201cguide\u201d<\/a> ships stranded there. <\/p>\n Wall Street futures were in the red, while TSX futures edged lower.<\/p>\n In Canada, investors are getting results from Gibson Energy Inc. and Cargojet Inc.<\/p>\n On Wall Street, markets are watching earnings from Palantir Technologies Inc., Loews Corp. and Tyson Foods Inc.<\/p>\n \u201cThis week, earnings will continue to flow, with AMD and Arm Holdings in focus for the semiconductor space,\u201d Ipek Ozkardeskaya, senior analyst at Swissquote, wrote in a note.<\/p>\n \u201cResults are expected to be strong, but whether they beat expectations will be key for the continuation of the rally.\u201d<\/p>\n Overseas, the pan-European STOXX 600 was down 0.17 er cent in morning trading. Germany\u2019s DAX rose 0.26 per cent and France\u2019s CAC 40 declined 0.52 per cent. British markets are closed for holiday.<\/p>\n In Asia, markets in Japan and mainland China are also closed for holiday. Hong Kong\u2019s Hang Seng closed 1.24 per cent higher. <\/p>\n Commodities<\/p>\n Oil prices were on the rise, supported by the absence of a U.S.-Iran peace deal that kept supplies constrained and prices above US$100 a barrel.<\/p>\n Brent crude futures were up 1.5 per cent to US$109.60 a barrel. West Texas Intermediate (WTI) crude gained 0.96 per cent to US$102.90 a barrel.<\/p>\n \u201cThe broader market remains tightly supported by persistent supply disruptions and geopolitical uncertainty,\u201d said Priyanka Sachdeva, analyst at Phillip Nova.<\/p>\n \u201cUnless there is a clear and sustained resolution that restores normal flows through the Strait of Hormuz, oil prices are likely to remain elevated, with risks still tilted toward further upside.\u201d<\/p>\n In other commodities, spot gold eased 0.5 per cent to US$4,588.71 an ounce. U.S. gold futures for June delivery fell 0.9 per cent to US$4,600.60.<\/p>\n Currencies and bonds<\/p>\n The Canadian dollar weakened against its U.S. counterpart.<\/p>\n The day range on the loonie was 73.47 US cents to 73.65 US cents in early trading. The Canadian dollar was up about 2.28 per cent against the greenback over the past month. <\/p>\n The U.S. dollar index, which weighs the greenback against a group of currencies, climbed 0.1 per cent to 98.26. The U.S. dollar traded at $1.3603. <\/p>\n The euro inched lower 0.03 per cent to US$1.1720. The British pound slid 0.1 per cent to US$1.3563. <\/p>\n In bonds, the yield on the U.S. 10-year note was little changed at 4.379 per cent.<\/p>\n Economic news<\/p>\n Euro zone\u2019s manufacturing PMI<\/p>\n 10 a.m. ET: U.S. factory orders for March. The Street is projecting a rise of 0.5 per cent from February.<\/p>\n 2 p.m. ET: U.S. Senior Loan Officer Opinion Survey for April<\/p>\n 3:30 p.m. ET: BoC Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers appear before the House Standing Committee on Finance<\/p>\n With Reuters and The Canadian Press<\/p>\n","protected":false},"excerpt":{"rendered":"Equities Global markets were mixed amid the continued impasse in the Middle East as Iran warned U.S. forces…\n","protected":false},"author":2,"featured_media":30944,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[1634,17,1635,1627,1629,1630,1632,1636,1448,1637,1631,1628,1633,818],"class_list":{"0":"post-30943","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-canada","8":"tag-bonds","9":"tag-canada","10":"tag-canadian-dollar","11":"tag-dow-jones","12":"tag-equities","13":"tag-futures","14":"tag-gold","15":"tag-loonie","16":"tag-nasdaq","17":"tag-newnewsletter","18":"tag-oil","19":"tag-sd","20":"tag-silver","21":"tag-tsx"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/30943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=30943"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/30943\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/30944"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=30943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=30943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=30943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}