Markets

TSX Could Open Up As Strong German Data Lifts Commodities

An image of stock prices rising and declining in value
Credit: Shutterstock photo

Toronto's main stock index looked set to open higher today, as upbeat German data and a weak U.S. dollar lifted commodity prices, according to a Reuters report.

Stocks to watch:

Royal Bank of Canada (RY.TO): The U.S. Federal Reserve Board said on Monday it approved PNC Financial Services Group's application to buy the U.S. retail and credit card operations of RBC, one of the year's largest bank deals.

TransCanada Corp. (TRP.TO) said it agreed to buy 86 megawatt of solar power projects in Ontario from a unit of panel maker Canadian Solar Inc ( CSIQ ) for $470 million.

Athabasca Oil Sands (ATH.TO) set its capital budget for 2012 at C$1.02 billion, its highest ever, as the company looks to bring its projects to the production stage.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

CSIQ

Other Topics

Commodities

Latest Markets Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More