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Bay Street Poised For Positive Open On Metal Gains

Source: Nasdaq

Commodities & Raw MaterialsEnergy Markets & PricesGeopolitics & WarInvestor Sentiment & Positioning

Canadian equities were indicated to open higher Friday, supported by rising precious-metals prices and renewed expectations that the Strait of Hormuz could reopen within seven days. A reopening would reduce near-term geopolitical and energy-supply disruption risk, while stronger metals prices support Canadian resource-sector sentiment.

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Overall Sentiment

mildly positive

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0.25

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