News Formal

TSX falls as commodity stocks weigh

  • 📰 Reuters
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Canada's main stock index fell on Thursday, tracking weakness in oil and precious metal prices, amid worries over the path of U.S. interest rates and demand in top metal consumer China.

, fell 1.5% each, as metal and crude prices slid over the dollar's strengthening and investors reckoned that China's recent easing of some COVID-19 curbs might not be enough to boost demand.

Month-on-month consumer prices rose in October and now traders are looking to producer prices data, due on Friday, for cues on how it would alter the Bank of Canada's rate hiking path. "I think they're still on track for another hike," said Greg Taylor, portfolio manager at Purpose Investments. "The data hasn't done enough to derail them from their plan and I think that's a good thing given high inflation,"Among stocks, TC Energy

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 2. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Biggest Movers: XMR, LEO Move Towards 1-Week Highs on Thursday – Market Updates Bitcoin NewsUnus sed leo was a notable gainer on Thursday, as the token surged towards a one-week high. Monero also moved higher. Is there anything like this? Yes....!!!! Couldn't believe it....
Источник: BTCTN - 🏆 531. / 51 Прочитайте больше »