Canadian markets are edging higher in futures trading as investors look ahead to US inflation data, with the Bank of Canada adding a new wrinkle by signaling a possible rate hike.
Canadian markets are edging higher in futures trading as investors look ahead to US inflation data, with the Bank of Canada adding a new wrinkle by signaling a possible rate hike. The loonie's recent weakness remains in the background, and trade friction with the US continues to weigh on sentiment. Meanwhile, attention on individual names is picking up, with uranium producer Cameco drifting quietly higher and gold royalty firm Franco-Nevada facing flagged growth risks.
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