Futures linked to Canada's main stock index regained some ground on Friday as investors awaited a crucial inflation reading from the United States to gauge...
- Futures linked to Canada 's main stock index regained some ground on Friday as investors awaited a crucial inflation reading from the United States to gauge the timing of the first interest-rate cut by the Federal Reserve .
All eyes now will be on the U.S. Personal Consumption Expenditures price index, due at 8:30 a.m. ET, which is expected to show inflation inched higher in June on a monthly basis in the world's largest economy.Still, traders see an 87.5% chance of a rate cut by the U.S. central bank in September. In company news, Canadian energy company Pieridae Energy said it has shut-in the production of about 6,250 barrels of oil equivalent per day that flows to a third-party owned and operated facility, in response to low natural gas prices.Our exclusive poll shows that viewers are unlikely to stop watching the BBC dancing competition due to the ongoing row.
PARIS — France’s high-speed rail network was hit Friday with widespread and “criminal” acts of vandalism including arson attacks, paralyzing travel to Paris from across the rest of France and Europe only hours before the grand opening ceremony of the Olympics.
Federal Reserve Canada U.S. Personal Consumption Expenditures Oil Prices Gold Futures Benchmark Index
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