Before the Bell: What every Canadian investor needs to know today

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Before the Bell: What every Canadian investor needs to know today
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A look at Friday morning’s market action

Global markets were mixed as investors grappled with uncertainty on the outlook for interest rates and political turmoil in Europe.

In Asia, Japan’s Nikkei closed 0.24 per cent higher at 38,814.56, while Hong Kong’s Hang Seng dropped 0.94 per cent to 38,814.56.Oil prices eased, but crude benchmarks headed for their best week in more than two months after solid projections for crude and fuel demand. In other commodities, gold prices were on course for their first weekly gain in a month. Spot gold advanced 0.4 per cent to US$2,311.39 an ounce, while U.S. gold futures gained 0.4 per cent to US$2,326.40.The Canadian dollar weakened against its U.S. counterpart, which continued its climb in early trading.

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