Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,363.20, up 0.63% from previous close
● Bank of Canada's rate cut: modest relief for small businesses amid challenges
● BMO notes Canada's job market continues to loosen
● Canadian miners probe limits of anti-China investment rules
● Lululemon pulls Breezethrough line; JPMorgan cuts ...
● S&P/TSX 60 Index Standard Futures are trading at 1,363.20, up 0.63% from previous close
● Bank of Canada's rate cut: modest relief for small businesses amid challenges
● BMO notes Canada's job market continues to loosen
● Canadian miners probe limits of anti-China investment rules
● Lululemon pulls Breezethrough line; JPMorgan cuts ...
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Columns Post-BOC Rate Cut Landscape: Scouting for Investment Opportunities in Canada's Real Estate Market
As the Bank of Canada cut its interest rate for the second time in this cycle Wednesday, economists remained confident more reductions are on the horizon.
The central bank referred to the housing market in its statement, stating that household spending, including both consumer purchases and housing, has been weak. So, how will the Bank of Canada rate cut impact the real estate market? Real estate exp...
The central bank referred to the housing market in its statement, stating that household spending, including both consumer purchases and housing, has been weak. So, how will the Bank of Canada rate cut impact the real estate market? Real estate exp...
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Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,346.00, down 0.69% from previous close
● Bank of Canada shifts focus to economic growth amid consumer strain
● Loblaw reports rising adjusted profit and announces settlement of bread price-fixing lawsuits
● Barrick Gold down near 3% in U...
● S&P/TSX 60 Index Standard Futures are trading at 1,346.00, down 0.69% from previous close
● Bank of Canada shifts focus to economic growth amid consumer strain
● Loblaw reports rising adjusted profit and announces settlement of bread price-fixing lawsuits
● Barrick Gold down near 3% in U...
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The Bank of Canada cut its key monetary policy rate to 4.50% Wednesday from 4.75%, leaving the door open for more rate cuts. Governor Tiff Macklem said it is "reasonable" to expect further easing if the economy and inflation evolve as expected.
So what exactly is the BOC expecting?
The central bank expects a soft landing in Canada, adding there is room for the economy to grow even as inflation eases, partly because of the excess suppl...
So what exactly is the BOC expecting?
The central bank expects a soft landing in Canada, adding there is room for the economy to grow even as inflation eases, partly because of the excess suppl...
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The Bank of Canada delivered a second straight cut to its key interest rate after a quarter-point reduction in June and signaled that further cuts may be forthcoming due to mounting concerns over economic headwinds.
The Bank of Canada lowered its overnight rate target to 4.5% from 4.75% on Wednesday, citing growing economic slack, a significant cooling in the job market, and stagnating household spending as consumers increase s...
The Bank of Canada lowered its overnight rate target to 4.5% from 4.75% on Wednesday, citing growing economic slack, a significant cooling in the job market, and stagnating household spending as consumers increase s...
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Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,362.50, down 0.20% from previous close
● Bank of Canada poised for another rate cut to secure soft landing
● CN Rail cuts 2024 earnings outlook amid strike fears
● Rogers Communications quarterly profit jumps
● Tilray Medical granted approval to introduce third me...
● S&P/TSX 60 Index Standard Futures are trading at 1,362.50, down 0.20% from previous close
● Bank of Canada poised for another rate cut to secure soft landing
● CN Rail cuts 2024 earnings outlook amid strike fears
● Rogers Communications quarterly profit jumps
● Tilray Medical granted approval to introduce third me...
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Columns Everything You Need to Know on Tuesday: Couche-Tard Buys Back Almost 8.7 Million Shares From CDPQ
Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,368.10, down 0.15% from previous.
● BMO economist kavcic doubts BOC rate cut this week will significantly relieve housing market
● Trans Mountain prepares for bond issue as Canada eyes future sale of pipeline
● Oil prices stabilize amid U.S. political uncertainty and potent...
● S&P/TSX 60 Index Standard Futures are trading at 1,368.10, down 0.15% from previous.
● BMO economist kavcic doubts BOC rate cut this week will significantly relieve housing market
● Trans Mountain prepares for bond issue as Canada eyes future sale of pipeline
● Oil prices stabilize amid U.S. political uncertainty and potent...
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Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week.
•Base metals: Copper prices fall by 4.7% in a week
•Energy metals: Lithium carbonate prices drop by 3.7%
•Precious metals: Gold prices hits record highs before a swift reversal
Spot Price Snapshot
Key Price Moves
Over the past week, the metals market experie...
•Base metals: Copper prices fall by 4.7% in a week
•Energy metals: Lithium carbonate prices drop by 3.7%
•Precious metals: Gold prices hits record highs before a swift reversal
Spot Price Snapshot
Key Price Moves
Over the past week, the metals market experie...
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As the Bank of Canada (BoC) prepares for its upcoming meeting on July 24, market participants are keenly anticipating a potential interest rate cut following the easing cycle initiated on June 5. Recent macroeconomic data, particularly softer-than-expected inflation figures at 2.7%—a low not seen in over three years—has fueled speculation of a quarter-point rate reduction. In response to the latest inflation data, the swap market is pricing in a...
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Columns Everything You Need to Know on Monday: Air Canada Trims 2024 Forecasts After Q2 Revenue Falls Short
Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,366.20, up 0.53% from previous.
● Economists urge further BOC rate cuts as retail sales dip amid economic pressures
● Biden's exit upends 'Trump Trade' as investors eye Harris's rise
● Air Canada trims 2024 forecasts after Q2 revenue falls short
● Tilray gains in US prema...
● S&P/TSX 60 Index Standard Futures are trading at 1,366.20, up 0.53% from previous.
● Economists urge further BOC rate cuts as retail sales dip amid economic pressures
● Biden's exit upends 'Trump Trade' as investors eye Harris's rise
● Air Canada trims 2024 forecasts after Q2 revenue falls short
● Tilray gains in US prema...
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