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Before Bell: Every Canadian investor needs to know



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Investors were worried about a wall on Thursday, leading US and Canadian stock leaders to fall, the US President Donald Trump and North Korean leader Kim Jong Une broke out in two days of meeting, with no tensions between India and Pakistan.

In that bright statement, in the United States, GDP fell by 2.6% in 2018, better than expected.

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Trump and Kim made constructive discussions, said the White House, but the initial breaking of the summit news launched the flight quality of safe assets.

Trump said the culmination of an agreement was over because both parties are different penalties. "It was more than punishment," he said at a press conference before leaving home. "Basically, they raised the sanctions as a whole and we could not do that."

"Sometimes you have to walk, and that was one of those times," said Trump. He added "it was a friendly walk".

The weak economic data in China also touched on the feeling of investment and highlighted a significant conflict between the United States and China.

Asian assets made lack of progress in trade between China and the United States, and data showing three-year manufacturing activity in China. Shanghai Composite Index fell 0.4 percent. Japan's Nikkei fell 0.8 percent and Hong Kong Hang Seng slipped 0.4 percent.

The data also dropped export orders at a fast pace, from the global financial crisis, with concerns about almost inter-conflict conflicts between China and the U.S.

China's Court issues are "too serious" to include Beijing's promise to buy more US goods, and a two-way agreement must be made to ensure that all agreements are met, Robert Lighthizer, United States legislators said on Wednesday.

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Mr Lighthizer said the United States Department of Commerce's Office (USTR) had taken legal action to make Trump's decision Sunday, with goods scheduled on Friday to delay the US $ 200 million increase in Chinese goods goods.

But USTR further explained that it did not abandon the threat of increasing the rate between 25 and 10 percent.

"It is possible to create a commercial agreement: enough agreement or delaying taxation to continue contributing while criticizing US President Trump China criticizes the campaign next year," said Paul Donovan, chief economist at UBS Wealth Management.

In Canada, financial assets continue to earn more banks. CIBC spent its dividend, but earnings dropped to $ 1.18 billion a year ago, up 11 percent from $ 1.33 billion a year ago. In the way it was specified, CIBC earned $ 3.01, down 3.18 billion dollars, and analysts surveyed by Thomson Reuters Eikon expected less than $ 3.08.

TD Bank also created a dividend, but profits from wholesale business losses increased. Profit for each share, excluding 1.57 special items of 1.57, exceeded $ 1.56 a year earlier, but was expected to be less than $ 1.72 per analyst, according to Refinitiv data.

Energy polls will also pay tribute to Quana Corp.'s quarterly earnings, according to analysts, Friday's Canadian oil and gas producers jumped 20 percent and sold 7 percent higher than last year. Except for partial time, the company earned 32 cents per cent, since analysts earn an average of 16 cents per share.

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Global equities scaled a four-month high this week, hopes for hope helped the United States-China trade talks, before talking back to Mr Lighthizer.

"One suspects that the trade-holder still sent a little bit around the feeling yet. The issues are complex, real commitments and opinions are divided," said ANZ strategies in a note.

MSCI's All-Country World Index dropped 0.2% on the third day of the day.

The global stock markets in 2019 will be better off than recovering the last year's total losses, according to retirement surveys, that the risk index will be reduced by almost half.

The British FTSE was 0.5%, Germany DAX decreased by 0.02 percent and France CAC increased by 0.07 percent.

United States

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Oil prices fell on Thursday, while Chinese trade volumes continued, the Chinese economy slowed down and showed US production signals.

Gross Brent decreased 61 percent or 0.9 percent percent to $ 65.78 per barrel. Gross West Texas Intermediate United States (WTI) decreased 40 cents or 0.7% in US $ 56.54.

China's industrial factory, the world's largest importing oil company, declined in the third month of February, with export orders falling rapidly in the economic crisis of the last decade.

"The biggest evidence of slowdown in China is suffering from a risk feeling," said Jasper Lawler, the London Capital Group's future mediation researcher.

Gold recovered Thursday in the previous two sessions, which had hit the previous dollar due to the dollar, and tracked kidney in the fifth month's direct month, as investors expected US economic data and the brightness of the businesses traded in China.

Spot gold is 0.4 percent higher for US $ 1.324.80 per vessel, the lowest since February 15, the US $ 1,316.43 was on Wednesdays. U.S. gold futures rose by 0.4% to US $ 1,326.40.

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"According to forecasts, gold prices are progressing gradually, we expect the dollar's weakening expectations," Natixis analyst Bernard Dahdah said.

"Growth forecasts (in the United States) are more limited than last year".

Copper prices hit the single consumer demand in China over Thursday, but since the month of December 2017, the metal creations in London's Metal Exchange warehouses have sharpened sales fluctuations.

Retail and U.S. Alerts are wasting a warning that Beijing's business ventures are predicted to be predicted.

Benchmark LME copper dropped 0.2 percent to $ 6.492 a year, but on February 2 it grew 5.2 percentage points in the second month.

Coins and bonds

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The Canadian dollar dropped 76 down from the US central bank, as oil prices dropped.

"We continue to emphasize the long-term support trend key $ 1,3116 (76.24 US Cents) for the lower daily downtime of $ 1,3069 $ 2019 (US $ 76.51) for additional losses," said Adam Cole, RBC Europe Ltd.

Against his opponents basket, U.S. the dollar fell 0.3% to 95.84%. The trader said that some weaknesses are caused after a month after the dangerous assets caused by the end of the month.

The index fell by 0.1% on Wednesday, following the three-week channel that the Treasury yielded before releasing the GDP of the first quarters of the US.

The 10-year US Treasury yield dropped slightly in 2,666 percent, yielding 10-year Canadian bonuses of 1,894 percent.

To see stocks

Cannabis Producer Canopy Growth On Thursday he said life-style guru Martha Stewart roped up as a consultant support for developing a marijuana-based product line. Canadian cannabis companies throw their ATMs into their businesses both for the disappearance of the competition and for open stores, as the medical and leisure admissions use for medical use is growing.

Canadian canned meat producer Maple Leaf Foods Inc The quarterly profit analysts lost their budgets on Thursday, because the weakening price of weaker pigs offset the growth. The price of pigs has been struck by the Sino-U.S. trade warfare, the experience of South China's southern Asian countries, which is the largest importing pig in the world. As an exception, the company earned 29 cents per 29 cents, because analysts lacked the average calculation of 34 cents in Canada, according to the data of the Refinitiv IBES.

Canadian Utilities Income from the 69 cents adjusted for profit, 62 cents per cent.

Seven Generation Energy 68 cents earned profits and profits.

HP Inc 13.8 percent lowered forecasts for premarket trade after quarterly profits with shorter estimates than expected sales, both for its personal computers and short print companies.

Bristol-Myers Squibb Co. Up to 2.5% increase after Wellington Management shareholder acquired a biotechnology against Cellmaker Corp. against US $ 74-million deal. Celgene shares fell by 7.8%.

Chinese JD.com Inc. 9.7% jumped after e-commerce earned a quarterly tax after surpassing analyst estimates, behind the retail sales force.

Californian energy company PG & E Corp., as a result of liabilities arising from savage state bankruptcy last month, registered a $ 10.5 million dollar charge on Camp Fire for 2018 on Thursday. PG & E also said a charge of $ 1 million dollars related to the Northern California Southern California forest pollution in 2017. Federal filings on Wednesday showed the power availability to retrieve a backward high-temperature transmission line from back security, the main suspect behind the most deadly-savage story in California.

Novavax Inc. said Thursday to prevent vaccination to prevent RSV infection, it was the main cause of childhood respiratory illness, which did not meet the main objective of an end-stage study. The vaccine does not respond to an RSV that avoids the least possible respiratory system, or the respiratory system, said the company.

The profits are as follows: Advantage Oil & Gas Ltd; Africa Oil Corp.; Aimia Inc.; Algonquin Power & Utilities Corp.; AltaGas Ltd; Artis REIT; Atco Ltd; Atlantic Power Corp.; Calfrac Well Services Ltd; Canadian Commercial Bank; Canadian Utilities Catalog; Cascades Inc; Encana Corp; Equitable Group Inc .; Extendicare Inc.; Drilling Major Group International Inc; Maple Leaf Foods Inc.; Martinrea International Inc.; Parkland Fuel Corp; Pattern Energy Group Inc; Retail Plaza REIT; Seven energy seven energies; ShawCor Ltd; Stantec Inc.; Storm Resources Ltd; Tecsys Inc.; Toronto-Dominion Bank; Transcontinental Inc .; Vermilion Energy Inc; Whitecap Resources Inc.

Economic news

Japan reports on industrial production and retail sales.

The Chinese Reports Management Index (PMI) reports are published.

Germany accuses the Consumer Price Index (CPI).

(8:30 a.m. ET) The Canadian account deficit is announced in the fourth quarter. Stree expects $ 14 million dollars ($ 56 million annual rate).

(8:30 a.m. ET). The price of the Canadian industrial products price and raw material price index will be released in January. The calculations increased by 0.3% and 3.0%, respectively.

(8:30 a.m. ET) announces the unemployment claims of the US early on the 23rd of February. The budget is 225,000 or 9,000 the previous week.

(8:30 a.m. ET) in the United States GDP and GDP in the fourth quarter of the real deflator (prior). The agreement increases the annual rate of 2.5 percent and 1.7 percent respectively, respectively.

(9:45 a.m. ET) The Chicago PMI in the United States was released in February. Street 58. p. Expected reading from January 56.7 onwards.

(8:15 p.m. ET) President of the United States, Jerome Powell, talks about "Economic Development and Long-Term Challenges".

With Reuters files


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