News Formal

Canadian dollar firms ahead of BoC decision as stocks rally

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 92%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Canadian dollar firms ahead of BoC decision as stocks rally GlobeBusiness

This translation has been automatically generated and has not been verified for accuracy.The Canadian dollar rose against the greenback on Wednesday as investor risk appetite improved, but the currency’s gains were modest ahead of a Bank of Canada interest rate decision and after domestic data showed a wider-than-expected trade deficit.

Canada posted a trade deficit of $1.12 billion in July as imports rose and exports declined, Statistics Canada said. Analysts had forecast a deficit of $0.40 billion.Separate data showed that Canadian labor productivity grew by 0.2 per cent in the second quarter. Stocks rose globally on Wednesday after encouraging data from China reduced concerns of slowing global growth and as UK lawmakers sought to prevent a no-deal Brexit.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 5. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

If you thought August was bad, get ready for the worst month for Canadian stocksIn the past 10 years, the TSX has dropped an average 1.5% in September
Källa: nationalpost - 🏆 10. / 80 Läs mer »