TSX futures slip on lower crude prices, domestic banks' earnings

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National Bank Of Canada News

Crude Prices,Bank Of Montreal,Gold Prices

Futures linked to Canada's main stock index fell on Tuesday, dragged by declines in crude prices, while investors reacted to dour quarterly results from...

- Futures linked to Canada's main stock index fell on Tuesday, dragged by declines in crude prices, while investors reacted to dour quarterly results from major domestic lenders.The spotlight remained on major Canadian banks, including the Bank of Nova Scotia and Bank of Montreal, that reported a fall in third-quarter profit as they had to set aside larger funds to cover bad loans.

The materials sector was also set to grab the spotlight as gold prices declined, while copper prices notched a near six-week high due to optimism over a U.S. interest rate cut in September. Ammunition Market Ammunition Market Dublin, Aug. 27, 2024 -- The "Ammunition - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.The global market for Ammunition was estimated at US$27.0 Billion in 2023 and is projected to reach US$35.9 Billion by 2030, growing at a CAGR of 4.2% from 2023 to 2030.

 

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