â–º Listen Live

BEFORE THE BELL: World markets up slightly despite Brexit, growth concerns

Despite worries about Brexit and growth world markets are up slightly this morning.

Investors seem to be taking a cautious approach over Brexit and the possibility of an ugly break-up between Britain and the European Union.

China and the United States going forward with talks to possibly end the trade dispute between the two nations has investors in some sectors happy as well.

Less than stellar economic data from around the world though, the most recent from Japan, is still stoking the fires of worry about a slowing global economy.

In Toronto the TSX is looking to bounce back after closing down 66 points yesterday thanks to the slide in crude prices, while the Dow Jones is looking to build off a late tech push that helped it close up 34 points.

Ahead of the bell at press time oil is up 55 cents to $51.55 U.S. per barrel, gold is up $4.00 to $1,253.40 an ounce, and the loonie is up just over a tenth of a cent to 74.70 cents U.S.

Continue Reading

cjsu Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

York Road fire under investigation

The North Cowichan Fire Department is investigating a blaze on the weekend that damaged a house on York Road.

Nonprofits say funding crisis affects vital community services

Nonprofits in BC warn that they are facing a funding crisis that will affect essential community services. Over two-hundred leaders of nonprofit organizations in the province have signed an open letter to funders to say they are “at the breaking point."

Public sector workers escalate job action as strike enters third week

The B.C. General Employees Union and the Professional Employees Association are escalating job action as their members enter a third week of strikes. 

B.C. approves environmental certificate for massive LNG project on northern coast

British Columbia has given the green light to a floating liquified natural gas (LNG) export facility on B.C.’s northern coast. 

B.C. forecast to reach record high $11.6B deficit this year

British Columbia’s deficit is only going up, according to the latest budget update.
- Advertisement -