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Stock impact report

TSX edges higher as gold shelters trade uncertainty [Business News Network (BNN) Energy & Resources (Canada)]

Cenovus Energy Inc (CVE) 
Last cenovus energy inc earnings: 4/29 06:00 am Check Earnings Report
US:NYSE Investor Relations: cenovus.com/disclaimerir
TSX edges higher as gold shelters trade uncertainty TORONTO -- Canada's main stock index closed marginally higher Thursday as gold prices rose further as a shield against ongoing trade and macroeconomic uncertainty. The Toronto exchange opened higher in morning trading but pared the gains and underperformed U.S. market which rose more strongly on positive trade signals, says Candice Bangsund, portfolio manager for Fiera Capital. A published report said U.S. President Donald Trump may delay imposing tariffs on Mexico in order to negotiate immigration issues. "Investors continue to digest a flurry of headlines on the trade front and are in search of clarity as to whether President Trump will make good on his threat to place a five per cent tariff on Mexican goods (which are set to go into effect on Monday)," she wrote in an email. Trump also said he'll hold off on tariffs on a further US$325 billion of Chinese imports until after the G20 Summit at the end of June, but added he could imp Show less Read more
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