Canadian markets are finding some footing as cooler US inflation data eases pressure from the Fed side, while a soft domestic economy suggests the Bank of Canada has limited room t
Canadian markets are finding some footing as cooler US inflation data eases pressure from the Fed side, while a soft domestic economy suggests the Bank of Canada has limited room to keep pushing rates higher. Trade friction with the US still hangs over the picture, though a new push to deepen energy and technology ties with the EU offers a partial offset. On the corporate front, a Panama commission's recommendation to reopen a major Canadian miner's local operations is drawing attention, and a long-term LNG supply deal with a British utility adds a fresh datapoint for the energy complex.
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