Toronto stock index GSPTSE rose 0.21% to 25,558.81.The short-term decline of USD/CAD against Canadian dollar further expanded to nearly 70 points, and it is now reported at 1.4138.Market News: Alexander Brothers, a well-known real estate agent, was arrested by the FBI.
The US EIA crude oil inventory decreased by 1.425 million barrels last week, and the US EIA crude oil inventory decreased by 1.425 million barrels last week, which is expected to decrease by 901,000 barrels and the previous value decreased by 5.073 million barrels. Last week, the US EIA crude oil inventories in Cushing, Oklahoma decreased by 1.298 million barrels, and the previous value increased by 50,000 barrels.The Nasdaq 100 index rose to 1.2%, and the S&P 500 index rose 0.6%.Bank of Canada: The sharp interest rate cut is aimed at supporting economic growth and keeping CPI at a level close to 2%.
Duoduo (DUO.P) fell by 8.1%, and it is planned to raise $7 million through additional issuance.Canadian Prime Minister Trudeau: The Bank of Canada's interest rate cut of 50 basis points is a correct step towards reducing the cost of living for Canadians.Fitch: The progress of inflation decline seems to have ended. Brian Coulton, chief economist of Fitch, said that the decline of core commodity prices (the main force of inflation decline this year) seems to have ended. With the increase of automobile prices, the core commodity prices rose by 0.3% month-on-month. Service inflation is declining, but the rate of decline is very slow, because rent inflation is stubborn, and the service inflation is 4.6%, which is still far higher than the pre-epidemic level.
Strategy guide 12-14
Strategy guide
12-14
Strategy guide 12-14