(Reuters) - Futures linked to Toronto's main stock index hinted a flat opening on Monday as focus shifted to a slew of economic data coming in this ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - Futures linked to Toronto's main stock index hinted a flat opening on Monday as focus shifted to a slew of economic data coming in this week from Canada and the United States.
Canada's second-quarter gross domestic product report, due later in the week, is likely to show a sharp slowdown in domestic economic growth, a Reuters poll of economists showed, which could lead the Bank of Canada to put a pause on interest rate hikes despite recent hotter inflation data. Crude prices steadied, while copper prices advanced after China's finance ministry said in a brief statement on Sunday it was reducing the 0.1% duty on stock trades"in order to invigorate the capital market and boost investor confidence". [O/R] [MET/L]
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