Oil slumps on OPEC report... Inflation eased to 1% last month... Retailers had another positive month...
The Toronto Stock Exchange was given a knock by Japan and the US Monday as both produced data that did not impress the markets.
A survey of economists by Bloomberg predicts that the Canadian economy will grow by 2 per cent in the third quarter and 2.1 per cent in the fourth following a 0.8 per cent decline in the second.
Figures from Statistics Canada show that foreign investors added $8.5 billion of Canadian securities to their holdings in June following divestments in May of $5.5 billion.
World markets have shown a mixed performance so far Monday as regional concerns are in focus.
Ukrainian government forces and Russian separatists are fighting Monday as the weak ceasefire gave way to violence overnight.
Housing market and starts data together with the minutes of the Fed’s monetary policy committee should provide further clues this week as to the likelihood of the Fed to raise interest rates next month.
Weak prices and stocks in the resources sector have been driving the Toronto Stock Exchange’s main index lower this week but Friday’s session ended higher
The CPP slipped into the red in the second quarter with a small investment loss, but overall the plan is looking positive
Manufacturing sales rose 1.2 per cent to $50.8 billion in June, the second consecutive gain and the third increase since January 2015
The usual two markets dominated the gains in the price of homes in July according to the latest data from the Canadian Real Estate Association