TSX Gains 70 Pts, Back To Near Recent 52 Week Highs; Canadians Digest Bank of Canada Surveys, Now Await CPI Data As Main Meal of the Week
Canada's main stock market on Monday gained more than 70 points and climbed back above the 21,000 level -- to well within 100 points of recent 52 week highs -- as a pair of keenly watched surveys from the Bank of Canada (BoC) was seen confirming a softening economic backdrop, and likely edging the nation closer to the start of rate cuts. Gains on the resources heavy Toronto Stock Exchange were likely capped on mixed commodity prices, and on...
Canada's main stock market on Monday gained more than 70 points and climbed back above the 21,000 level -- to well within 100 points of recent 52 week highs -- as a pair of keenly watched surveys from the Bank of Canada (BoC) was seen confirming a softening economic backdrop, and likely edging the nation closer to the start of rate cuts. Gains on the resources heavy Toronto Stock Exchange were likely capped on mixed commodity prices, and on...
