Statistics Canada released the inflation report for May on Wednesday, showing a surprising uptick in the country's yearly inflation rate to 2.9% for the month, exceeding the forecasted figure of 2.7%. This development might shake 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 conse...
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,326.00, down 0.23% ● Big 6 banks see at least 2 more Canada rate cuts in 2024 ● Statistics Canada to release May jobs report this morning ● Bank of Canada cut starts to nudge mortgage rates down ● Stocks to watch: Saputo Market Snapshot Today, the Canadian dollar is trading...
Dividend Kings In Canada are companies that have increased their Dividend per share for the most consecutive years, reflecting a strong business model and robust financials, and are likely to outperform the market with less volatility. Dividend Kings In Canada are companies that have increased their Dividend per share for the most consecutive years, reflecting a strong business model and robust financials, and are likely to outperform the market with less volatility.
Saputo Inc Stock Forum
● S&P/TSX 60 Index Standard Futures are trading at 1,326.00, down 0.23%
● Big 6 banks see at least 2 more Canada rate cuts in 2024
● Statistics Canada to release May jobs report this morning
● Bank of Canada cut starts to nudge mortgage rates down
● Stocks to watch: Saputo
Market Snapshot
Today, the Canadian dollar is trading...
No comment yet