Listen Live

Before the Bell: European Stocks Up On Good News From Italy

Markets are off to a good start this morning.

European markets are up in anywhere from 1.5 to 3-percent on news of political stability in Italy now that the country has managed to form a government.  Dow futures are also up on the news.

The TSX gained 12 points to 16,061 mostly on the back of the financial sector with Royal Bank gaining 1.25-percent to finish the day at $98.00 a share.

The US imposed tariffs on steel and aluminum was felt by Stelco Holdings with shares dropping 3.5-percent to $24.

The Canadian dollar had an early morning surge after losing half a cent yesterday but has now dipped to $0.7715 against the American greenback.

It may be a money losing week for oil as the price per barrel is down $0.56 cents to $66.48.

Continue Reading

cjsu Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Municipal and provincial governments ready to aid laid off workers from Chemainus sawmill 

Provincial and municipal governments band together to provide relief for workers at Chemainus sawmill after being laid off since June.

North Cowichan council votes to move away from CVRD economic development service 

The Municipality has decided not to continue with the CVRD's EDAC, but rather focus on municipal development.

BC. Conversative management committee says Rustad should step down as leader

The B.C. Conservative Party's management committee says the party is in turmoil and is calling on John Rustad to immediately step down as leader.

First Nations leaders condemn ‘alarmist’ comments on Cowichan title ruling

The First Nations Leadership Council said it’s “deeply disturbed and angered” by what it calls alarmist comments by B.C. Conservative leader John Rustad about Aboriginal title rights.

Council may forego over $150,000 in permissive tax exemptions to 25 organizations 

The city could be out over $150,000 if they grant permissive tax exemptions for close to 25 local organizations.
- Advertisement -