Kitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
Sept 19 - Futures for Canada's main stock index were subdued on Tuesday as investors awaited domestic inflation data for more clues on Bank of Canada's interest-rate path, while also debating U.S. Federal Reserve's likely interest rate decision on Wednesday.Canada's consumer price inflation data, due at 8:30 a.m. ET, is expected to show a fall in inflation on a monthly basis to 0.3% in August, compared to a 0.6% rise in the previous month.
Investors are also awaiting the U.S. Fed's monetary policy decision on Wednesday, where it is widely expected the central bank will hold benchmark interest rate at the current 5.25%-5.50% range.The Toronto Stock Exchange's S&P/TSX composite index fell on Monday, as the technology and healthcare sectors led broadbased declines.
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