Daily TSX Market Open: Canada GDP Data mutes TSX Futures  |  May 30, 2025 - video Dailymotion

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The Market Online brings you the latest news as the Canadian Markets Open.

Transcript

00:00Good morning, happy Friday, here is your market open update.

00:06Futures tied to Canada's main stock index hovered near the flatline Friday as investors

00:10took a cautious stance ahead of GDP data and digested commodity sector dips.

00:14The TSX index was up 0.07 at 6.15 Eastern Time.

00:18The venture sits with a 5-point loss from yesterday and futures of the Dow and the Nasdaq

00:22both delete close to 0.5%.

00:24A couple of quick headlines.

00:26Canada's economy posted a stronger-than-expected 0.5% gain in Q1, powered by a burst in exports

00:31as U.S. buyers rushed to beat looming tariffs from President Donald Trump.

00:36And Rio Can-Reed has filed a court application to place its joint venture with Hudson's Bay

00:40into receivership, seeking to protect stakeholder interests and maximize value after the retailer's

00:45credit protection filing.

00:47Order currency futures with the loony in the green this morning, holding at 72 cents U.S.,

00:52up against the euro, and Bitcoin gives back over 2% this morning.

00:57And finishing with commodity futures where it's red across the board.

01:00Copper is down close to a quarter percent.

01:02Gold loses close to half a percent.

01:04WTI falls to $60 U.S.

01:06A barrel and natural gas leaves behind over 1% this morning.

01:09That's your market open.

01:10I'm Lindsay Melchuk.

01:11Have a beautiful Friday.

01:13I'm Lindsay Melchuk.

01:14I'm Lindsay Melchuk.

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01:17I'm Lindsay Melchuk.

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01:36I'm Lindsay Melchuk.

Daily TSX Market Open: Canada GDP Data mutes TSX Futures | May 30, 2025

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