Canada's main stock index ended the week on a positive note with investors taking on a defensive posture out of concern about the possibility of a further selloff to come. Consumer staples, real estate, utilities and telecommunications sectors were the winners Friday as all but two sectors on the
Stocks dipped on Friday, dragging a global index into a fourth consecutive weekly loss, while the euro and sterling rallied against the dollar after a report said Britain is ready to drop a key Brexit ...
The Canadian dollar weakened to its lowest in more than five weeks against the greenback on Friday after domestic data showing a slowdown in inflation suggested the Bank of Canada would be unlikely to speed up the pace of interest rate hikes. The annual inflation rate in September dipped to 2.2 percent
Although Canadian inflation and retail sales data came in weaker than expected on Friday, market operators predicted the Bank of Canada still would raise interest rates again next week to keep a booming economy in check. Statistics Canada said the annual inflation rate in September dipped to 2.2 percent
The Canadian dollar weakened to a five-week low against its U.S. counterpart on Thursday as the greenback broadly climbed and oil prices added to a sharp decline the previous day. The decline for the loonie was driven by strengthening of the U.S. dollar rather than "anything Canada-specific,"
Stocks fell sharply on Thursday while the Japanese yen rose in a move toward safety assets, with traders citing the Sino-U.S. trade war, Italy's budget concerns and a widening gap between the United States and Saudi Arabia. European stocks closed near the day's lows and Wall Street slid after
BANGKOK — Shares turned higher in Europe on Thursday after declines in Asia and on Wall Street. A report of weaker Japanese exports in September underscored uncertainties over the outlook for trade.
China's politically sensitive yuan sank to a 22-month low against the dollar on Thursday after the U.S. Treasury declined to label Beijing a currency manipulator amid a mounting tariff battle. The closely watched yuan fell to 6.9411 per dollar at mid-morning, coming its closest to breaking the symbolically
The Canadian dollar weakened against its U.S. counterpart on Wednesday, pulling back from an 11-day high the day before as domestic data showed lower factory shipments and the greenback broadly rose ahead of the release of Federal Reserve minutes. Canadian factory sales fell by 0.4 percent in August