Canada markets close in 6 hours 5 minutes

  • S&P/TSX

    19,627.87
    +37.13 (+0.19%)
     

  • S&P 500

    4,326.83
    +27.13 (+0.63%)
     

  • DOW

    33,750.28
    +83.94 (+0.25%)
     

  • CAD/USD

    0.7425
    +0.0009 (+0.12%)
     

  • CRUDE OIL

    91.57
    -0.14 (-0.15%)
     

  • Bitcoin CAD

    36,236.64
    +525.09 (+1.47%)
     

  • CMC Crypto 200

    579.72
    +0.96 (+0.17%)
     

  • GOLD FUTURES

    1,889.40
    +10.80 (+0.57%)
     

  • RUSSELL 2000

    1,806.86
    +12.55 (+0.70%)
     

  • 10-Yr Bond

    4.5240
    -0.0730 (-1.59%)
     

  • NASDAQ

    13,357.29
    +156.02 (+1.18%)
     

  • VOLATILITY

    16.25
    -1.09 (-6.29%)
     

  • FTSE

    7,645.58
    +43.73 (+0.58%)
     

  • NIKKEI 225

    31,857.62
    -14.90 (-0.05%)
     

  • CAD/EUR

    0.7012
    -0.0004 (-0.06%)
     
BREAKING:

CANADA GDP FLAT IN JULY AFTER 0.2% DROP IN JUNE

Preliminary estimates indicate that GDP eked out a gain of 0.1% in August

Fiscal and social concerns equally important for Brazil's economy, Itau CEO says

Reuters
·1 min read

SAO PAULO, Nov 11 (Reuters) - Fiscal and social concerns should be given equal weight in the running of Brazil's economy, the chief executive of bank Itau Unibanco said on Friday, referring to market jitters over President-elect Luiz Inacio Lula da Silva's spending plans.

Milton Maluhy Filho, the CEO of Brazil's largest lender, said he expects a slowdown in Brazil's economy in the fourth quarter, in a trend that should continue into 2023. He added that he expected more modest growth in financial margins in the next quarters. (Reporting by Aluísio Alves Editing by Raissa Kasolowsky)