{"id":13865,"date":"2021-09-13T12:18:14","date_gmt":"2021-09-13T12:18:14","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/09\/13\/bay-street-seen-opening-on-positive-note\/"},"modified":"2021-09-13T12:18:14","modified_gmt":"2021-09-13T12:18:14","slug":"bay-street-seen-opening-on-positive-note","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/09\/13\/bay-street-seen-opening-on-positive-note\/","title":{"rendered":"Bay Street Seen Opening On Positive Note"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Canadian shares may open higher Monday morning, tracking positive cues from Europe, where stocks are moving up as optimism about growth outweigh concerns about the spread of <span class=\"landLinks\">coronavirus<\/span> cases.<\/p>\n<p>Higher crude oil prices may also support sentiment.<\/p>\n<p>Asian stocks ended broadly higher on Monday despite news that the Biden administration is weighing a new probe into Chinese subsidies.<\/p>\n<p>European stocks are higher with optimism about strong euro zone economic recovery outweighing concerns over fresh regulatory crackdown on Chinese firms.<\/p>\n<p>In commodities, West Texas Intermediate Crude oil futures for October are gaining 0.57 or 0.82 percent at $70.28 a barrel, amid concerns about tighter supplies following the damage caused by Hurricane Ida in the Mexican Gulf region, and as <span class=\"landLinks\">markets<\/span> look ahead to an announcement from China about details of planned crude oil sales from strategic reserves.<\/p>\n<p>Gold futures are down marginally at $1,791.10 an ounce, while Silver futures are lower by $0.245 or 1.03% at $23.655 an ounce.<\/p>\n<p>The Canadian market ended weak on Friday, losing for a fourth straight session on worries the surging coronavirus could dent the pace of global economic recovery.<\/p>\n<p>The S&amp;P\/TSX Composite Index closed lower by 72.21 points or 0.35% at 20,633.06, less than a couple of points from the day&#8217;s low. The index touched a high of 20,759.16. The index shed about 0.9% this week. <\/p>\n<\/p>\n<p>Business News<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Bay Street Seen Opening On Positive Note<\/a><br \/>\n<br \/>2021-09-13 12:18:14<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canadian shares may open higher Monday morning, tracking positive cues from Europe, where stocks are moving up as optimism about growth outweigh concerns about the spread of coronavirus cases. Higher&#8230;<\/p>\n","protected":false},"author":2,"featured_media":13866,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-13865","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/13865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=13865"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/13865\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/13866"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=13865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=13865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=13865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}