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5 Things to Know Today: Gordie Howe Bridge Opens, Gas Prices Drop, and the Fed Decision That Could Move Your Loonie

  Monday, July 27, 2026 From a long-delayed border crossing finally opening to a Fed decision that could nudge the loonie, here's what's moving Canadian wallets today. 1. The Gordie Howe Bridge Opens Today — But You Can't Drive on It Until August 1 The long-delayed Gordie Howe International Bridge between Windsor and Detroit holds its official opening today, July 27, more than six weeks after its original June target. The catch: today's ceremony doesn't mean traffic yet. Vehicles won't be allowed on the six-lane, cable-stayed span until August 1. Once open, the toll is set at $8 CAD (US$5.75) each way for most passenger vehicles. What it means for you: If you cross the Windsor-Detroit corridor for work, shopping, or family, mark August 1 on your calendar, not today, and budget roughly $8 a crossing on top of gas. 2. Gas Prices Are Easing After the Weekend Oil Crash Oil prices tumbled over the weekend after the US and Iran paused hostilities, with both Brent and...
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U.S. Futures Steady as Investors Await Economic Data and Powell’s Speech

 

U.S. stock index futures remained largely unchanged on Thursday morning as investors awaited key economic data and a speech by Federal Reserve Chair Jerome Powell. The producer price index (PPI) for October and weekly jobless claims data are expected to be released at 8:30 a.m. ET, which could provide insights into corporate pricing power and the broader economic outlook.

Market participants are also keenly anticipating Powell’s comments later in the day, hoping for clues on future monetary policy. Traders are currently pricing in a high probability of a 25-basis point interest rate cut at the Fed’s December meeting, following recent consumer price index data that aligned with forecasts.

In premarket trading, Dow E-minis were up 0.19%, S&P 500 E-minis rose 0.09%, and Nasdaq 100 E-minis edged up 0.04%. Shares of cryptocurrency-focused companies saw gains, with Coinbase Global up 3.8% and bitcoin buyer MicroStrategy rising 3.4%.

Investors will be closely monitoring Powell’s speech for any indications of how the Fed plans to navigate the current economic landscape, especially in light of inflationary pressures and potential policy shifts under the incoming administration.


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