Canadian shares are set to open higher, following firm crude oil prices and European stocks. Investors are cautious ahead of U.S. inflation data and Canadian GDP report. Manufacturing sales in Canada decreased to -1.5% in August.

Tilray Brands, Inc. will launch hemp-derived Delta-9 THC beverages in the U.S. AGF Management partners with Archer to expand SMA model business. The S&P/TSX Composite Index closed at a new high of 23,894.71. Asian stocks rise after China’s stimulus measures. China’s central bank lowers borrowing costs and injects liquidity to support the economy.

European stocks react positively to China’s stimulus measures. WTI Crude oil futures are up 2.34% at $72.02 a barrel. Gold futures are down 0.07% at $2,650.60 an ounce, while Silver futures are up 0.34% at $31.190 an ounce.

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