No Data
No Data
Everything You Need to Know on Thursday: Short Sellers Bet Against Air Canada Amid Rising Costs and Softening Demand
Good morning mooers! Here are things you need to know about today's market:
Everything You Need to Know on Wednesday: Canada Considers Tariffs and Investment Blocks on Chinese EVs
Good morning mooers! Here are things you need to know about today's market:
Everything You Need to Know on Tuesday: Crude Oil Prices Surge Amid Escalating Geopolitical Tensions, Supply Concerns
Good morning mooers! Here are things you need to know about today's market:
Canadian Inflation Picks up: Will it Delay BoC Rate Cuts?
Members of the Bank of Canada Governing Council who considered waiting until July to cut rates would not have been reassured by May's inflation data: consumer price gains unexpectedly accelerated to 2.9% year-over-year from 2.7% in April, led by a 4.6% increase in services prices, up from 4.2%.When excluding volatile components - food and energy - the picture is the same: the core index was up 2.9% after 2.7% the previous month.Again, hous...
Shopify, Air Canada Help TSX Index Post Modest Gains
Canada's main stock index posted modest gains as shares of Shopify and Air Canada rallied.
2024 Half-Year Recap | 10 Dividend-Monster Stocks in Canadian Market
Earlier today, Statistics Canada issued May inflation report, indicating that Canada's annual rate of inflation unexpectedly rose 2.9% in May, surpassing the expected 2.7%. This development might unsettle the market's anticipation of a rate cut coming in July. Nonetheless, the data aligns with the Bank of Canada's target range for inflation control, set at 1%-3%. Before the report's release, market consensus had been that the Ba...