Canadian markets remain cautious, with the loonie slipping as oil prices dipped and the U.S. dollar strengthened. The factory sector's slump to a six-month low on trade frictions c
Canadian markets remain cautious, with the loonie slipping as oil prices dipped and the U.S. dollar strengthened. The factory sector's slump to a six-month low on trade frictions continues to weigh on sentiment, while the central bank's message that housing affordability remains far from restored keeps rate expectations in focus. On the constructive side, plans to link payment systems with Europe and progress on trade talks with India, chasing a large bilateral trade goal, offer some longer-term support.
Sources
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