BEFORE THE BELL: TSX looks to extend winning streak; Crude dips on record high production in US

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The TSX will be looking for more positive reports from US financial institutions to continue its winning streak today. The Bay Street index is coming off a nine-day streak.

In early trading, Asian and European markets were subdued by news Donald Trump may push for tariffs on auto trade from the EU in a move to strong arm a better deal on agriculture.

Meanwhile, the US is hitting record-breaking numbers in oil production to start the year, which is pushing back against global crude prices. US crude is down to 51.52 a barrel.

The energy-tied Loonie is down to 75.29 cents US.

ADP job statistics for Canada are coming this morning and later today Netflix will release its quarterly earnings.

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