Futures tied to Canada's main stock index fell on Wednesday as crude and metal prices declined, while investors looked forward to the Bank of Canada's highly...
- Futures tied to Canada's main stock index fell on Wednesday as crude and metal prices declined, while investors looked forward to the Bank of Canada's highly anticipated monetary policy decision due later in the day.All eyes will be on the Bank of Canada's monetary policy meeting due at 9:45 a.m. ET, where market participants expect to see a third consecutive interest-rate cut this year.
Across the border, the U.S. Federal Reserve is also expected to start cutting rates in its policy meeting on September 18. In corporate news, Canadian investment fund Brookfield is close to selling renewable energy firm Saeta Yields to Masdar of the United Arab Emirates, according to a report by Expansion.KYIV, Ukraine — Foreign Minister Dmytro Kuleba, one of Ukraine's most recognizable faces on the international stage, submitted his resignation Wednesday ahead of an expected major government reshuffle.
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